Advanced Refrigeration and HFC Draw Down - Project 007B - Canada

Audit Analysis

This ACR-registered HFC drawdown project in the refrigeration sector has VVB-confirmed additionality (combined test by TUV/SUD) and no reversal events, but is undermined by a significant internal contradiction in the validation report (ERR of 15,171 vs. 317,089), four material findings including calculation and GWP errors, a missing baseline method, and a country discrepancy (project named 'Canada' but registered under Missouri, US). The project is operationally sound in concept but the documentation quality and data consistency issues raise meaningful concerns about the reliability of the claimed reductions.

Project Description

Red Flags

• ⚠The validation report (2024-10-01) contains two conflicting ERR figures — 15,171 and 317,089 — for both claimed and verified reductions, indicating an unresolved internal inconsistency in the primary verification document.
• ⚠Four material findings were reported, including incorrect annual amortized emission rate calculations, wrong GWP values for post-June 2021 projects, and erroneous emission units in the monitoring report, all requiring corrective action.
• ⚠The project is named 'Canada' but the country field lists Missouri, US, creating ambiguity about the actual project location and applicable regulatory baseline.
• ⚠The baseline method is not stated in any available document, and no baseline reassessment date is recorded, leaving the reference scenario unverified.

Credit Vintages