ARALIK HEPP
GS-1139 ↗ · current registry ID: GS663
#277of 295 in Turkey#1590of 1801 in Gold Standard (GS)#531of 806 in AMS-I.D
Audit Analysis
The Aralık HEPP is a small hydro project under Gold Standard with a well-known VVB (Bureau Veritas) and a recent PDD (2024), but it is undermined by nine cross-document contradictions, a 350% over-delivery of verified credits relative to the ex-ante estimate, and a 2024 validation report that does not confirm additionality by the VVB. The project's integrity and claim-safety profiles are materially weakened by these inconsistencies.
Red Flags
- Verified ERR of 77,956 tCO₂e for the 2023 monitoring period is 350% of the 22,254 tCO₂e ex-ante estimate in the 2024 PDD, indicating a severe over-delivery that is not explained in the available documents.
- The 2024 validation report does not confirm additionality by the VVB, contradicting the 2011 validation report which did; the more recent document is privileged.
- Nine contradictions across documents span leakage justification, baseline method, additionality test type, FPIC status, benefit-sharing description, grid emission factor, and crediting period, indicating poor internal consistency.
- No buffer pool percentage is stated and reversal risk is not addressed, leaving permanence unsecured for a project whose dam infrastructure could be decommissioned.
- CORSIA eligibility and CCP status are both not stated in any available document, leaving dual-channel risk unassessed.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2010 | 6,827 | 4,756 | 2,071 | |
| 2011 | 26,939 | 25,661 | 1,278 | |
| 2012 | 23,465 | 22,996 | 469 | |
| 2013 | 20,725 | 20,311 | 414 | |
| Total | 77,956 | 73,724 | 4,232 |
Risk Indicators
Test present but VVB verification contradicted (2024 report does not confirm)
reversal risk not addressed
0% deduction; justification inconsistent across documents
Project-specific; method contradicted; last reassessed 2019
Grievance mechanism present; FPIC and benefit-sharing contradicted
CORSIA and CCP status both not stated
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