Anakot Thmei Safe Water Project

Audit Analysis

The Anakot Thmei Safe Water Project in Cambodia is a Gold Standard energy-efficiency project with VVB-confirmed additionality and a quantified 5% leakage deduction, but the verification report lists over 30 material findings and 12 corrective actions, indicating substantial data-quality and methodological weaknesses. Multiple contradictions between the PDD, validation report, and verification report — particularly a 100× discrepancy in the fNRB value and a doubling of the claimed ERR — raise serious over-crediting concerns. The project's safeguards framework (FPIC, grievance mechanism) is documented, but the overall evidentiary base is fragile.

Project Description

Red Flags

• ⚠Over 30 material findings and 12 corrective actions required in the verification report, including incorrect formulas, missing units, missing evidence for rehabilitated technologies, and missing internal test reports
• ⚠fNRB value contradicts between documents: 52.03 in the verification report (2026) versus 0.5203 in the validation report (2024) — a 100× discrepancy that could materially alter the credit quantity
• ⚠Total ERR claimed in the verification report (12,907) is more than double the figure in the validation report (6,225), and the verified ERR (12,434) is roughly four times the pro-rata expectation for the elapsed monitoring period
• ⚠Buffer pool percentage not stated in any available document, leaving permanence risk unaddressed
• ⚠Usage rate of 0.95 is assumed but not independently verified in the monitoring data

Credit Vintages