EXHIBIT 12.1









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Certifications



I, Henri Proglio, certify that:

1. I have reviewed this annual report on Form 20-F of Veolia Environnement;



2.
  Based on my knowledge, this annual report does not contain any untrue statement
  of a material fact or omit to state a material fact necessary to make the statements
  made, in light of the circumstances under which such statements were made, not
  misleading with respect to the period covered by this annual report;



3
  Based on my knowledge, the financial statements, and other financial information
  included in this annual report, fairly present in all material respects the
  financial condition, results of operations and cash flows of the company as
  of, and for, the periods presented in this annual report;



4.
  The companys other certifying officer and I are responsible for establishing
  and maintaining disclosure controls and procedures (as defined in Exchange Act
  Rules 13a-15(e) and 15d-15(e)) for the company and have:



a.
  designed such disclosure controls and procedures, or caused such disclosure
  controls and procedures to be designed under our supervision, to ensure that
  material information relating to the company, including its consolidated subsidiaries,
  is made known to us by others within those entities, particularly during the
  period in which this annual report is being prepared;



b.
  evaluated the effectiveness of the companys disclosure controls and procedures
  and presented in this report our conclusions about the effectiveness of the
  disclosure controls and procedures, as of the end of the period covered by this
  report based on such evaluation; and



c.
  disclosed in this report any change in the companys internal control over
  financial reporting that occurred during the period covered by the annual report
  that has materially affected, or is reasonably likely to materially affect,
  the companys internal control over financial reporting; and



5.
  The companys other certifying officer and I have disclosed, based on our
  most recent evaluation of internal control over financial reporting, to the
  companys auditors and the audit committee of the companys board
  of directors (or persons performing equivalent functions):



a.
  all significant deficiencies and material weaknesses in the design or operation
  of internal control over financial reporting which are reasonably likely to
  adversely affect the companys ability to record, process, summarize and
  report financial information; and



b.
  any fraud, whether or not material, that involves management or other employees
  who have a significant role in the companys internal control over financial
  reporting.







Date: June 30, 2005

By:

/s/ Henri Proglio

Name: Henri Proglio
Title: Chairman and Chief Executive Officer







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Certifications



I, Jérôme Contamine, certify that:



1.
  I have reviewed this annual report on Form 20-F of Veolia Environnement;



2.
  Based on my knowledge, this annual report does not contain any untrue statement
  of a material fact or omit to state a material fact necessary to make the statements
  made, in light of the circumstances under which such statements were made, not
  misleading with respect to the period covered by this annual report;



3.
  Based on my knowledge, the financial statements, and other financial information
  included in this annual report, fairly present in all material respects the
  financial condition, results of operations and cash flows of the company as
  of, and for, the periods presented in this annual report;



4.
  The companys other certifying officer and I are responsible for establishing
  and maintaining disclosure controls and procedures (as defined in Exchange Act
  Rules 13a-15(e) and 15d-15(e)) for the company and have:



a.
  designed such disclosure controls and procedures, or caused such disclosure
  controls and procedures to be designed under our supervision, to ensure that
  material information relating to the company, including its consolidated subsidiaries,
  is made known to us by others within those entities, particularly during the
  period in which this annual report is being prepared;



b.
  evaluated the effectiveness of the companys disclosure controls and procedures
  and presented in this report our conclusions about the effectiveness of the
  disclosure controls and procedures, as of the end of the period covered by this
  report based on such evaluation; and



c.
  disclosed in this report any change in the companys internal control over
  financial reporting that occurred during the period covered by the annual report
  that has materially affected, or is reasonably likely to materially affect,
  the companys internal control over financial reporting; and



5.
  The companys other certifying officer and I have disclosed, based on our
  most recent evaluation of internal control over financial reporting, to the
  companys auditors and the audit committee of the companys board
  of directors (or persons performing equivalent functions):



a.all
  significant deficiencies and material weaknesses in the design or operation
  of internal control over financial reporting which are reasonably likely to
  adversely affect the companys ability to record, process, summarize and
  report financial information; and



b. any fraud, whether or not material, that involves management or other employees who have a significant role in the companys internal control over financial reporting.







Date: June 30, 2005

By:

/s/ Jérôme Contamine

Name: Jérôme Contamine
Title: Senior Executive Vice President and

Chief Financial Officer







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