Agua Fresca Multipurpose and environmental services project

Audit Analysis

A CDM-registered grid-connected hydro project in Colombia with a jurisdictional baseline and a 7-year crediting period (2020–2026), validated by Colombia's national standards body ICONTEC. The project carries three material findings related to PDD documentation gaps and inconsistent energy-generation data, and the extracted record lacks critical information on additionality testing, monitoring methodology, and FNRB. Overall, the project design is sound for a renewable-energy credit, but the documentation and transparency record is thin and the low extraction confidence limits confidence in the assessment.

Project Description

Red Flags

• ⚠Three material findings in the validation report, including inconsistent energy-generation data for six power plants in the 2019 spreadsheet (CAR 1), raising data-quality concerns for the ERR calculation.
• ⚠No monitoring period, FNRB method, or usage-monitoring method is stated in the extracted record, leaving the MRV chain incomplete.
• ⚠Additionality test type and VVB confirmation are not stated in the extracted data, a core CDM requirement that cannot be independently confirmed from the available documents.
• ⚠Minimum extraction confidence is rated low, indicating at least one key document was poorly readable and the full evidentiary picture may be incomplete.

Credit Vintages