Advanced Refrigeration and HFC Draw Down - Project 008

Audit Analysis

A US-based HFC drawdown project under ACR with VVB-confirmed additionality and a reputable verifier (TÜV SÜD), but undermined by a baseline-method contradiction between the PDD and validation report, a thin 'deemed negligible' leakage justification, and usage monitoring that relies on assumed rather than measured rates. The one-time nature of the refrigerant replacement explains why the full lifetime reduction was realized in the first monitoring year, but the 7 corrective actions and 1 material finding (2.76% over-reporting) signal documentation quality issues.

Project Description

Red Flags

• ⚠Baseline method is contradictory: the PDD (2025-12-15) describes a jurisdictional baseline while the validation report (2025-12-17) records a project-specific baseline; the more recent VVB assessment is privileged but the discrepancy undermines confidence in baseline validity.
• ⚠Leakage deduction is 0% with only a 'deemed negligible' justification and no quantified analysis, which is thin for a multi-state refrigeration project.
• ⚠Usage monitoring is based on an assumed rate (7.2) with no verified usage rate reported in the monitoring period, leaving the core activity-level data unconfirmed.

Credit Vintages