Campion II Mini Hydro Power project
GS-1036 ↗ · current registry ID: GS5923
#922of 1935 in Renewable energy#7of 10 in Sri Lanka#563of 1801 in Gold Standard (GS)#307of 806 in AMS-I.D
Audit Analysis
The Campion II Mini Hydro project in Sri Lanka has a VVB-verified investment additionality test and a jurisdictional baseline, but is undermined by six material findings (including a missing check meter and delayed calibration), unaddressed reversal risk, and a thin leakage justification. CORSIA eligibility introduces dual-channel risk, and several key MRV parameters (FNRB, usage monitoring) are absent from the record. The ERR figures are broadly consistent on a pro-rata basis, but documentation quality is moderate with multiple inter-document contradictions.
Red Flags
- Six material findings in the verification report, including a check meter not installed during the monitoring period and delayed calibration of the energy meter, with two corrective actions still required
- Reversal events explicitly 'not addressed' in the verification report and no buffer pool percentage stated, leaving permanence risk unquantified
- CORSIA eligibility confirmed while CCP status is not stated, creating potential dual-channel crediting risk
- Leakage deduction of 0% justified only as 'deemed negligible' without a quantified or methodological basis in the available documents
Credit Vintages Exhausted
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2017 | 1,827 | 1,827 | 0 | |
| 2018 | 3,503 | 3,503 | 0 | |
| 2019 | 208 | 208 | 0 | |
| Total | 5,538 | 5,538 | 0 |
Risk Indicators
VVB-confirmed investment test
Reversal risk not addressed
0% deduction, 'deemed negligible' without quantified basis
Jurisdictional per VVB but contradicted by monitoring report; reassessment timing not stated
FPIC and grievance mechanism per VVB, but contradicted in earlier documents
CORSIA-eligible; CCP status not stated
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