AAC Block Project By Aerocon Buildwell PVt. Ltd. (Ekiesl- June 2016-02)
#641of 975 in India#828of 1339 in Verra (VCS)#6of 10 in AMS-III.Z
Audit Analysis
This VCS-registered AAC block energy-efficiency project in India has a VVB-confirmed investment additionality test and low inherent permanence risk as an avoidance project, but the verification report (March 2025) identified ten material findings and eight corrective actions, including an inadequate 'No Net Harm' demonstration, inconsistent baseline emission factors across reports, and an unjustified 21.96% increase in achieved emission reductions. The project-specific baseline, missing leakage percentage, and unresolved ERR contradictions across monitoring reports materially weaken confidence in the claimed credits.
Red Flags
- Ten material findings in the 2025 verification report, including inadequate 'No Net Harm' demonstration and inconsistent baseline emission factor values across reports
- ERR figures differ substantially across monitoring reports (31,270 in 2025 vs 52,866 in 2024 vs 119,115 claimed in 2021), and a 21.96% increase in achieved ERs was not initially justified
- Leakage justification is described as 'quantified' but no actual deduction percentage is stated in any available document
- Two fixed parameters (EF Biomass briquettes, EF gypsum) and five monitored parameters were missing from the registered PDD and only later incorporated
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2014 | 7,264 | 7,264 | 0 | |
| 2015 | 21,216 | 21,216 | 0 | |
| 2016 | 12,215 | 12,215 | 0 | |
| 2017 | 30,596 | 30,596 | 0 | |
| 2018 | 57,218 | 57,218 | 0 | |
| 2019 | 60,180 | 60,180 | 0 | |
| 2020 | 53,508 | 53,508 | 0 | |
| 2021 | 21,727 | 3,575 | 18,152 | |
| 2022 | 20,808 | 0 | 20,808 | |
| 2023 | 10,331 | 0 | 10,331 | |
| 2024 | 4,515 | 15 | 4,500 | |
| Total | 299,578 | 245,787 | 53,791 |
Risk Indicators
VVB-confirmed investment test
Avoidance project, no reversal risk
Quantified justification but no stated percentage
Project-specific, no reassessment date stated
FPIC and grievance present but 'No Net Harm' inadequate
CORSIA excluded; CCP status not stated
Where to buy
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