BT3 Windfarm
GS-3229 ↗ · current registry ID: GS11240
#4of 25 in Vietnam#56of 426 in Gold Standard (GS)#99of 383 in ACM0002
Audit Analysis
The BT3 Windfarm is a Gold Standard wind energy project in Vietnam with a VVB-confirmed investment additionality test and a jurisdictional grid-emission-factor baseline, both appropriate for the sector. However, four material findings (methodology version mismatches, a missing calibration hyperlink, and an emission-factor misalignment) and a low extraction confidence across the document set introduce meaningful uncertainty. The project delivered roughly 87% of its pro-rata expected reductions for the elapsed monitoring period, consistent with normal wind variability.
Red Flags
- Four material findings (CARs) in the verification report: methodology version number errors on the cover page and in MR sections, a missing calibration-frequency hyperlink, and a combined margin emission-factor value that did not align with the PDD
- Minimum extraction confidence rated 'low', indicating at least one key document was poorly readable, reducing reliability of the extracted record
- Reversal events are listed as 'not addressed' in the extracted record, and no buffer pool percentage is stated, leaving permanence risk unquantified
- Five contradictions between the PDD, validation report, and verification report (FPIC status, additionality test type, ERR figures, baseline method, leakage treatment) create ambiguity about the project's true parameters
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 15,334 | 0 | 15,334 | |
| 2022 | 71,528 | 0 | 71,528 | |
| 2023 | 78,603 | 0 | 78,603 | |
| 2024 | 5,717 | 0 | 5,717 | |
| Total | 171,182 | 0 | 171,182 |
Risk Indicators
VVB-confirmed investment test
Avoidance project; reversal not addressed, no buffer pool st
0% deemed negligible, appropriate for wind
Jurisdictional grid EF; contradiction with validation report
FPIC conducted, grievance mechanism present, safeguards docu
CORSIA and CCP status both not stated
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