A-Gas South Korea 1

Audit Analysis

A-Gas South Korea 1 is an ODS destruction project under ACR with verified additionality and inherently permanent reductions (destruction is irreversible). However, the verification report raised multiple corrective and additional data requests, the monitoring window was only 16 days against a 10-year crediting period, and a crediting-period discrepancy exists between the validation report and the issuance record, collectively tempering confidence in the project's documentation and operational transparency.

Project Description

Red Flags

• ⚠The verification report (2023-05-08) lists four Additional Data Requests and one Corrective Action Request, including unconfirmed regulatory compliance for the South Korea source facility and missing evidence of ownership of environmental benefits by A-Gas.
• ⚠The monitoring period spans only 16 days (2022-11-01 to 2022-11-16) against a 10-year crediting period, leaving the vast majority of the crediting period unmonitored in the available record.
• ⚠The crediting period differs between the validation report (2022-11-01 to 2032-10-31) and the issuance record (2022-12-15 to 2032-12-14), and the issuance is dated 2022-11-03 — before the validation report of 2023-05-08 — raising a timeline anomaly.

Credit Vintages