AS METAL, Romania Aluminum Recycling Project

Audit Analysis

The AS METAL aluminum recycling project in Romania is a Gold Standard avoidance project with VVB-confirmed additionality and inherently low reversal risk, but it is undermined by three corrective action requests (including one questioning methodology applicability), a contradictory 0% leakage treatment, and an unconfirmed registry status. The project over-delivered relative to its pro-rata expectation, which is a positive signal, yet the project-specific baseline and multiple documentation gaps limit confidence in the overall claim.

Project Description

Red Flags

• ⚠Three corrective action requests (CAR 1, CAR 2, CAR 3) were raised by the VVB, with CAR 1 specifically questioning the applicability of methodology AMS-III.AJ to this project
• ⚠Registry status for GS-10878 could not be confirmed in the Gold Standard registry (NOT_FOUND), leaving the project's active registration unverified
• ⚠Leakage justification is contradictory: the verification report (Mar 2026) states leakage was 'quantified' while the monitoring report (Feb 2026) states it was 'deemed negligible', yet the deduction is 0% in both cases
• ⚠Crediting period differs between the PDD (2021-01-01 to 2026-12-31) and the verification report (2022-05-01 to 2027-04-30), creating ambiguity about the actual project duration

Credit Vintages