AIPL WHRB 1&2

Audit Analysis

This CDM energy-efficiency project (ACM0004 v02) in India was verified by SGS UK and delivered roughly 91% of its pro-rata expected reductions over the first monitoring period, which is reasonable. However, the validation report contains 21 material findings covering baseline correctness, additionality demonstration, ER calculation errors, and monitoring parameter gaps, and the monitoring report contradicts the validation report on baseline method and leakage treatment. The project's documentation quality and baseline robustness are the principal weaknesses.

Project Description

Red Flags

• ⚠21 material findings in the validation report, including 'the baseline selected for the project activity is not correct' and 'ER is not calculated correctly' in the PDD
• ⚠Baseline method contradicts between documents: 'project' in the monitoring report vs 'jurisdictional' in the validation report
• ⚠Leakage justification contradicts: 'quantified' (monitoring report) vs 'deemed negligible' (validation report), yet the deduction is 0%
• ⚠No buffer pool, no permanence mechanism, and no reversal-event data found in the extracted record
• ⚠CORSIA eligibility and CCP status are not stated in any available document

Credit Vintages

No issuances recorded on the registry.