48 MW Houqiao Hydropower Project, Yunnan, China
Score Breakdown
Integrity
verified Additionality was confirmed by the VVB, and the project used an investment test under ACM0002.
missing The project shows a large gap between claimed and verified emission reductions, and reversal risk is not addressed beyond an unspecified treatment.
Transparency
verified The monitoring period and registry information are available, and the verification report identifies TUV NORD CERT GmbH as the VVB.
missing Public-facing completeness is weakened by missing usage-monitoring details and a large discrepancy between claimed and verified ERs.
Claim Safety
verified The project is marked as not CORSIA-eligible, which reduces dual-market claim risk.
missing The verified total is far below the claimed total, and the baseline is project-specific rather than a more conservative reassessed jurisdictional baseline.
Documentation
verified Fifteen documents were used, and the extracted record shows no material findings or corrective actions required.
missing Extraction confidence is only medium, and the contradiction log shows multiple conflicts between older and newer documents.
Detailed Analysis
Integrity
The verification report confirms additionality through an investment test, and the VVB, TUV NORD CERT GmbH, explicitly validated the project under ACM0002. There were no material findings or corrective actions required in the extracted record, which supports the core project case. That said, reversal risk is not clearly addressed, with reversal events marked as not addressed and no buffer pool information found in the available documents.
Transparency
The record includes the monitoring period, registry status, methodology, and VVB identity, which helps traceability. However, usage-monitoring details are not stated in the available documents, and the extracted record does not provide a baseline reassessment date. The large difference between claimed and verified emission reductions also makes the public accounting less transparent.
Claim Safety
Claim safety is weakened by the large gap between claimed emission reductions and verified emission reductions, with 943,454 claimed versus 596,949 verified. The project is not CORSIA-eligible, which lowers dual-claim risk, but the baseline remains project-specific rather than a more conservative standardized or recently reassessed baseline. Leakage is treated as negligible with a 0% deduction, but the supporting justification is limited.
Documentation
Documentation is moderately strong because fifteen documents were used and the record reports no material findings or corrective actions. Still, extraction confidence is only medium, meaning at least one key document was not fully readable. The contradiction log also shows multiple conflicts across documents on safeguards, FPIC, benefit sharing, leakage justification, and verified ER totals, which reduces reliability.
Overall
The project scores as mid-quality overall: it has a credible additionality case and a recognized verifier, but the evidence base is weakened by a major claimed-versus-verified ER gap and several document conflicts. For the contradictions, the newer documents were privileged because they are more recent and appear to reflect the final verification state, but the presence of these conflicts still lowers confidence and the score. The overall result is also constrained by the unresolved reversal treatment and incomplete monitoring detail.
Audit Analysis
The project has some strong integrity signals, including VVB-confirmed additionality, an investment test, and no reported material findings. However, the verified issuance is far below the claimed amount, and several safeguards and leakage-related items rely on newer documents that conflict with older records, which reduces confidence in the overall claim quality.
Project Description
The Houqiao Hydropower Station, located on Binglang River in China, has an installed capacity of 48MW and generates 235,000MWh of power annually. With three 16 MW hydro turbines, it is the second level of the hydropower development plan of Binglang River and has a power density of 282.4 W/m2 over 0.17 km2 of surface area.
Red Flags
- Verified emission reductions are much lower than the amount claimed, suggesting a substantial over-claim risk.
- Several social and safeguards fields conflict across documents, including FPIC, grievance mechanism, benefit sharing, and safeguard disclosure.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2006 | 117,919 | 117,919 | 0 | |
| 2007 | 189,586 | 161,131 | 28,455 | |
| 2008 | 162,775 | 162,775 | 0 | |
| 2009 | 140,084 | 140,084 | 0 | |
| 2010 | 179,376 | 179,376 | 0 | |
| 2011 | 153,714 | 153,714 | 0 | |
| Total | 943,454 | 914,999 | 28,455 |
Cosa migliorerebbe questo punteggio
- Publish a reconciled verification note explaining the claimed-versus-verified ER gap and the final accepted issuance basis.
- Provide a complete, dated safeguards and MRV package covering FPIC, grievance handling, leakage rationale, and reversal treatment.
Questi suggerimenti indicano quali prove pubbliche aggiuntive potrebbero migliorare il livello di confidenza di questa valutazione. Non garantiscono un punteggio futuro più alto.
Risk Indicators
VVB-confirmed investment test
No clear buffer or reversal treatment
0% deduction with negligible justification
Project baseline, reassessment not stated
Safeguards present but contradicted in older records
Not CORSIA-eligible
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Registry Documents
issuance
Other
pdd
validation
- Validation Deed of Representation Houqiao.pdf
- VCS-Verification-Representation-v4.1.pdf
- Validation Report Houqiao Final.pdf
- 230627_VCS-FVerR-Houqiao Hydro MP2_clean.pdf
- Verra-Registry-Communications-Agreement-single-PP-for 192 Houqiao(Both Signed).pdf
- VCS Verification Representation(Houqiao).pdf
- +1 more
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