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CarbonMeld CarbonMeld Carbon Observatory
Re-assessment pendingGSEnergy Efficiency - DomesticMongoliaRegistry: RegisteredAMS-II.E

MicroEnergy Credits - Mongolia - Microfinance for Clean Energy Product Lines VER Project - VPA No. 006: XacBank LLC

Methodology: AMS-II.E (CDM)

GS-473 ↗ · current registry ID: GS2688

#973of 1699 in Industrial#5of 15 in Mongolia#1387of 2179 in Gold Standard (GS)#11of 24 in AMS-II.E

Score from methodology v2.1 (analysis of 5 Sep 2026). Re-assessment under v2.2 pending.

Assessment

CarbonMeld document-based assessment

01020304 Overall 5.0 / 10 Dimension scores are locked — the faint arcs are empty tracks, not zero scores.

Scale 0–10 · method weights: integrity 35% · transparency 25% · claim safety 25% · documentation 15%.

Re-assessment pending · v2.1

How this analysis was made

Our method
CarbonMeld methodology v2.1 · analysed on 5 Sep 2026 · 10/12 registry documents analyzed · re-assessment under v2.2 pending

Analysis

A Gold Standard microfinance project in Mongolia promoting clean stoves through bank product lines, verified by ERM. The project has a VVB-confirmed combined additionality test and a 2023 baseline reassessment, but is undermined by a 100% usage-rate assumption with no verified counterpart, a leakage deduction of 0% that is contradicted by the PDD, multiple unresolved corrective actions, and low document extraction confidence that limits assurance across all dimensions.

Red Flags

5 red flags detected — Unlock with Premium

Findings

Risk Indicators

Additionality

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Permanence

🔒

Leakage

🔒

Baseline

🔒

Safeguards

🔒

Double-claim

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Risk indicator details are a Premium feature

Score Breakdown

Score factors per dimension are a Premium feature — Unlock with Premium

Gates applied

The gates applied to this score are a Premium feature — Unlock with Premium

Detailed Analysis

The detailed per-dimension analysis is a Premium feature — Unlock with Premium

Evidence

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On this page: the analysis of 5 Sep 2026, marked “Re-assessment pending”. Per-dimension scores, risk indicators, 5 red flags, score factors, detailed analysis, and 12 registry documents (10 analyzed).

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Eligibility & market

What can you claim with this credit?

Four checks buyers ask about, from the registry and the Integrity Council (ICVCM).

  • Airlines (CORSIA)

    No CORSIA label on the registry

    Not usable for airlines' CORSIA obligations.

    Source: registry label · read on 2 Nov 2026

    Covers: this project's credit records as read on the registry

  • Integrity label (ICVCM CCP)

    No ICVCM information

    No CCP label and no ICVCM decision found for this project's methodology.

  • Removal or reduction

    Emission reduction or avoidance

    Prevents or reduces emissions — fits contribution claims, not SBTi neutralisation.

    Source: registry label · read on 2 Nov 2026

    Covers: the project type, not a label on individual credits

  • Paris Agreement (Article 6)

    Not published

    This registry does not publish Article 6 authorizations.

Information only, from public sources. Claim rules (CORSIA, SBTi, EU rules on green claims) change: check them before making a public claim. Since 27 September 2026, EU consumer rules do not allow “climate neutral” product claims based on offsets.

Registry labels last checked:2026-11-02

Credit Vintages

IssuedRetiredAvailable
2013
7260726
Total7260726

Methodology versions used

The methodology version stated in each monitoring, verification and issuance document, by period, compared with the official methodology pages.

  1. 2012–2013AMS-II.E v10.0since replaced by v12.0

    verification report

    official page · verified on

  • AMS-II.E: Active (CDM / UNFCCC) · official page · verified on

A version is shown only when the document's own text writes it next to the methodology code. Current versions, status and CCP ranges come from the official pages linked, checked on the date shown.

Documents on the registry

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