Caldere Hydro Power Plant Project
#139of 770 in Renewable energy#30of 121 in Turkey#159of 629 in Verra (VCS)#43of 417 in AMS-I.D
Audit Analysis
The Çaldere Hydro Power Plant is a VCS-registered renewable energy project (AMS-I.D) with VVB-confirmed additionality, a jurisdictional baseline, and no material findings or reversal events. However, the absence of FPIC, contradictory safeguards reporting across documents, and several unresolved corrective actions (missing EIA letter, empty monitoring section, absent meter calibration records) temper confidence in the project's social and documentation integrity.
Red Flags
- Free, Prior and Informed Consent (FPIC) was not conducted, as stated in the verification report
- Three corrective actions remain open: missing EIA Positive Letter, an empty Section 2.2 in the monitoring report, and absent meter installation/calibration records
- Grievance mechanism and benefit-sharing status are contradictory between the 2011 verification report (absent) and the 2021 monitoring report (present)
- An 'unknown' document type appears in the evidence list, reducing confidence in the completeness of the documentary record
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2008 | 6,653 | 6,653 | 0 | |
| 2009 | 25,998 | 25,998 | 0 | |
| 2010 | 17,974 | 17,974 | 0 | |
| 2011 | 19,950 | 10,383 | 9,567 | |
| 2012 | 26,856 | 0 | 26,856 | |
| 2013 | 20,606 | 0 | 20,606 | |
| 2014 | 21,004 | 0 | 21,004 | |
| 2015 | 21,870 | 0 | 21,870 | |
| 2016 | 13,323 | 0 | 13,323 | |
| Total | 174,234 | 61,008 | 113,226 |
Risk Indicators
VVB-confirmed
Hydro avoidance, no reversals
0% with quantified justification
Jurisdictional, reassessment date not stated
FPIC absent, grievance inconsistent
CORSIA excluded, CCP not stated
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