Biomass Based Cogeneration Project by CG GROUP, NEPAL

Audit Analysis

A biomass cogeneration project under VCS AMS-I.C. with a confirmed investment-test additionality assessment and inherently low reversal risk, but significant data gaps in monitoring, verified emissions, and baseline parameters. Four contradictions between the 2016 PDD and the 2023 validation report (grievance mechanism, benefit sharing, leakage treatment, safeguards) were resolved in favour of the more recent validation report, though the leakage discrepancy warrants caution. The absence of any verified monitoring data and the low extraction confidence limit confidence in the project's actual performance.

Project Description

Red Flags

• ⚠No verified monitoring data available — total ERR verified is not stated in any document, making it impossible to confirm actual delivery against the 472,940 tCO2e lifetime claim
• ⚠Leakage treatment is contradictory: the 2023 validation report states leakage was 'quantified' while the 2016 PDD states it was 'deemed negligible' — the actual deduction percentage is not stated in either document
• ⚠Free, Prior and Informed Consent (FPIC) was not conducted, which is a safeguard gap for a project operating in Nepal
• ⚠Grid emission factor is not stated in any available document, leaving the baseline displacement assumption unverifiable
• ⚠Low extraction confidence across the document set indicates at least one key document was poorly readable, reducing reliability of the extracted record

Credit Vintages

No issuances recorded on the registry.