Boiler Fuel Conversion from Fuel Oil to Briquettes Biomass Fuel at Saigon Ve Wong Co., Ltd, Ho Chi Minh city, Vietnam
#42of 352 in Biomass#32of 80 in Vietnam#447of 1459 in CDM (UNFCCC)#10of 115 in AMS-I.C
Audit Analysis
A straightforward CDM fuel-substitution project (fuel oil to biomass briquettes) with VVB-confirmed additionality and a reasonable leakage justification, but limited by a project-specific baseline, absence of any monitoring-period data, and two inter-document contradictions that reduce confidence in the extracted record. The 15 corrective action requests during validation, while all closed, signal initial documentation weaknesses.
Red Flags
- 15 Corrective Action Requests and 7 Clarification Requests were raised during validation (validation report, 2011), indicating significant initial documentation gaps that had to be remediated before approval.
- No monitoring-period data (verified ERR, usage rates, FNRB) is available in the extracted record, making it impossible to confirm actual delivery against the 248,658 tCO₂e lifetime claim.
- Crediting period is stated as 2011–2018 in the validation report but 2011–2020 in the PDD; the longer PDD figure would imply a 9-year period and a higher lifetime ERR basis.
- Baseline is project-specific rather than jurisdictional, and no baseline reassessment date is recorded in the available documents.
Credit Vintages
No issuances recorded on the registry.
Risk Indicators
VVB-confirmed barrier test
Fuel substitution – no reversal risk
0% with 5× supply justification
Project-specific, no reassessment date
Mentioned but not detailed
CORSIA/CCP status not stated
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