A-Gas South Korea 7

Audit Analysis

A-Gas South Korea 7 is an ODS destruction project under ACR with VVB-confirmed additionality (combined regulatory and investment test) and inherently permanent credits, as destruction of ozone-depleting substances is irreversible. However, the verification identified three material findings—including a baseline calculation error for Plas-1299 and inconsistencies in the monitoring report—requiring corrective actions, and several key MRV parameters remain unstated. The very short monitoring window (three weeks) relative to the ten-year crediting period limits confidence in the verified figures.

Project Description

Red Flags

• ⚠Three material findings identified by the VVB: errors in the Project Plan (bulk tank count, ACR comments from SK6), inconsistencies in the Monitoring Report (ACR comments, emission reduction totals), and a baseline calculation error for Plas-1299 that did not initially use the more conservative estimate
• ⚠Three corrective actions are required before the credits can be considered fully validated, including updates to multiple sections of both the Project Plan and Monitoring Report
• ⚠The monitoring period spans only three weeks (2025-09-11 to 2025-10-04) against a ten-year crediting period, providing a very narrow window of verified activity
• ⚠No ex-ante lifetime emission reduction estimate is available in the extracted record, preventing a pro-rata comparison of verified versus expected reductions

Credit Vintages