Biogas utilization project in Zhejiang Jingxing Paper Joint Stock Co. Ltd.. (300660)
GS-1234 ↗ · current registry ID: GS869
#9of 268 in Biogas#128of 1084 in China#147of 1801 in Gold Standard (GS)#3of 55 in AMS-III.H
Audit Analysis
A CDM biogas-to-electricity project at a Chinese paper mill with a VVB-confirmed investment additionality test and reasonable safeguards, but a project-specific baseline, several unquantified parameters (FNRB, usage monitoring), and a first monitoring period that delivered only 55.97% of the PDD estimate. The project is conservative in its actual delivery, which limits over-crediting risk, but the documentation gaps and calibration delays noted by the VVB temper confidence in the MRV chain.
Red Flags
- Actual emission reductions were only 55.97% of the PDD estimate for the comparable period, flagged as a material finding in the verification report
- Calibration of monitoring equipment was delayed during the monitoring period; temperature gauges for flaring efficiency were not calibrated (flare efficiency set to 0% conservatively)
- FNRB value, usage monitoring method, and CORSIA eligibility are all not stated in any available document
- 15+ corrective actions were required by the VVB, spanning construction dates, technology descriptions, monitoring alignment, and SD evidence
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2011 | 13,110 | 0 | 13,110 | |
| 2012 | 24,136 | 0 | 24,136 | |
| Total | 37,246 | 0 | 37,246 |
Risk Indicators
VVB-confirmed investment test
mixed evidence / unresolved risk
Deemed negligible, reasonable for on-site biogas
Project-specific, not jurisdictional
FPIC, grievance mechanism, benefit sharing documented
CORSIA and CCP status not stated
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