*Burgaz Wind Farm Project, Turkey
GS-1403 ↗ · current registry ID: GS439
#202of 770 in Renewable energy#50of 121 in Turkey#109of 426 in Gold Standard (GS)#60of 417 in AMS-I.D
Audit Analysis
The Burgaz Wind Farm is a Gold Standard renewable electricity project with a VVB-confirmed investment additionality test and a jurisdictional baseline, but it carries notable dual-channel risk (CORSIA-eligible and CCP-eligible), a 15% grid emission factor discrepancy between reports, and a low extraction confidence rating that limits assurance in the underlying data. The project delivered roughly 45–66% of the pro-rata expected credits for the elapsed monitoring period, suggesting either conservative ex-ante estimates or under-performance.
Red Flags
- Grid emission factor differs by 15% between the 2025 verification report (0.6297) and the 2028 monitoring report (0.7258), which directly affects credit quantity
- Project is simultaneously CORSIA-eligible and CCP-eligible, creating a dual-channel double-claim risk
- Minimum extraction confidence is rated low, meaning at least one key document was poorly readable and data reliability is reduced
- Total ERR claimed (229,187 tCO₂e over 7 years) versus verified (54,204 tCO₂e for the 2025 period) shows the project delivered well below pro-rata expectation
- Buffer pool percentage is not stated in any available document, leaving permanence risk unquantified
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2007 | 9,377 | 9,377 | 0 | |
| 2008 | 27,532 | 27,532 | 0 | |
| 2009 | 25,079 | 25,079 | 0 | |
| 2010 | 24,671 | 24,671 | 0 | |
| 2011 | 28,949 | 28,949 | 0 | |
| 2012 | 28,702 | 28,702 | 0 | |
| 2013 | 4,338 | 2,334 | 2,004 | |
| 2018 | 11,645 | 11,645 | 0 | |
| 2019 | 21,155 | 18,571 | 2,584 | |
| 2020 | 24,713 | 24,713 | 0 | |
| 2021 | 10,831 | 452 | 10,379 | |
| 2022 | 23,168 | 0 | 23,168 | |
| 2023 | 25,297 | 0 | 25,297 | |
| 2024 | 5,739 | 0 | 5,739 | |
| Total | 271,196 | 202,025 | 69,171 |
Risk Indicators
VVB-confirmed investment test
Avoidance project, no reversals
Negligible, justified for wind
Jurisdictional, reassessed 2021
FPIC, grievance, benefit sharing
CORSIA + CCP eligible
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