Cakit Hydropower Plant, Turkey
#196of 770 in Renewable energy#45of 121 in Turkey#225of 629 in Verra (VCS)#153of 383 in ACM0002
Audit Analysis
The Cakit Hydropower Plant is a VCS-registered renewable energy project with VVB-confirmed additionality and no reversal events, but it is undermined by a 0% leakage deduction with no stated justification in the most recent verification report, the absence of FPIC, and a material finding regarding a non-conformant Social Carbon Report. Multiple contradictions across documents—particularly on baseline method, leakage treatment, and safeguards—reduce confidence in the data record.
Red Flags
- Leakage deduction of 0% with justification recorded as 'not addressed' in the 2022 verification report, while the 2013 report claimed it was quantified—no clear, current justification exists
- FPIC was not conducted and no grievance mechanism was confirmed in the 2014 verification report (though the 2015 monitoring report states one exists)
- Material finding: the Social Carbon Report does not meet the Ecologica Institute's Terms & Conditions, with a 60-day corrective action deadline
- Baseline method is contradictory: the 2013 verification report states 'project' while the 2014 monitoring report states 'jurisdictional'
- Buffer pool percentage is not stated in any available document, leaving permanence risk unquantified
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2010 | 49,978 | 49,978 | 0 | |
| 2011 | 58,097 | 58,097 | 0 | |
| 2012 | 5,386 | 0 | 5,386 | |
| 2013 | 41,535 | 31,904 | 9,631 | |
| 2014 | 31,346 | 0 | 31,346 | |
| 2015 | 48,442 | 0 | 48,442 | |
| 2016 | 27,125 | 0 | 27,125 | |
| 2017 | 51,708 | 0 | 51,708 | |
| 2018 | 54,988 | 0 | 54,988 | |
| 2019 | 59,747 | 0 | 59,747 | |
| 2020 | 38,276 | 0 | 38,276 | |
| Total | 466,628 | 139,979 | 326,649 |
Risk Indicators
VVB-confirmed combined test
No reversals but buffer pool not stated
0% deduction, justification not addressed (2022)
Method contradicted across documents; grid EF 2019
Mentioned (2022) but FPIC absent; grievance inconsistent
CORSIA explicitly excluded; CCP not stated
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