Alkumru Hydroelectric Power Plant

Audit Analysis

The Alkumru hydroelectric project is a well-established VCS avoidance project (ACM0002) with a sound regulatory additionality test confirmed by the VVB and a jurisdictional baseline reassessed in 2022. However, the verification report lists an extensive set of material findings—including calculation inconsistencies, missing monitoring parameters, and transcription errors—that undermine confidence in the reported figures. The project over-delivered relative to its pro-rata expectation for the 2020–2021 monitoring period, but documentation quality and safeguard gaps (notably the absence of FPIC) limit overall assurance.

Project Description

Red Flags

• ⚠The 2023 verification report lists at least 17 material findings, including inconsistencies in ER spreadsheet calculations, manual insertion of values, missing EGPP-Import/Export data, and lack of clarity on the emission factor used—raising concerns about the reliability of the 309,207 tCO₂e figure.
• ⚠No site visit was conducted for the verification; the audit relied entirely on remote review and interviews due to the COVID-19 lockdown, limiting the VVB's ability to independently confirm metering and operational data.
• ⚠Free, Prior and Informed Consent (FPIC) was not conducted, despite the project's operation in Türkiye and the presence of local stakeholders; only a grievance mechanism and benefit-sharing description are documented.

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