15 MW Nam Hinboun Downstream Hydropower Project
#407of 1935 in Renewable energy#2of 10 in Lao#206of 1339 in Verra (VCS)#144of 806 in AMS-I.D
Audit Analysis
A 15 MW downstream hydropower project in Laos under VCS AMS I.D. with a VVB-confirmed investment additionality test and a standard grid-emission-factor baseline. The project is fundamentally sound for its type, but a contradiction in baseline methodology between the verification and monitoring reports, a discrepancy in the crediting-period start date, and low extraction confidence in the source documents introduce meaningful uncertainty into the credit claims.
Red Flags
- Baseline method is recorded as 'project' in the verification report (2023-03-28) but 'jurisdictional' in the monitoring report (2023-11-06) — a methodological inconsistency that affects how the counterfactual is defined.
- Crediting-period start date differs between documents: 2021-02-01 in the verification report versus 2022-02-01 in the monitoring report, shifting the pro-rata expectation by roughly 14%.
- Minimum extraction confidence is rated 'low', indicating at least one key document was poorly readable, which undermines confidence in the extracted figures.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 34,143 | 34,143 | 0 | |
| 2022 | 32,659 | 21,647 | 11,012 | |
| Total | 66,802 | 55,790 | 11,012 |
Risk Indicators
Investment test VVB-confirmed
low inherent risk
0% deduction, justified as negligible
Method contradicted across documents
FPIC, grievance mechanism documented
CORSIA and CCP status not stated
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