Canakkale WPP

Audit Analysis

The Canakkale WPP is a Gold Standard wind project with a VVB-verified investment additionality test and a recently reassessed (2025) project-specific baseline. However, the absence of a stated buffer pool, an unaddressed 0% leakage deduction in the most recent verification, CORSIA eligibility without a clear CCP status, and a low extraction confidence across 29 documents collectively limit confidence in the credit's robustness. Multiple corrective action requests across verification cycles, including a noted underperformance relative to wind yield predictions, further temper the assessment.

Project Description

Red Flags

• ⚠CORSIA eligibility confirmed while CCP status is not mentioned in any available document, creating a dual-channel allocation risk
• ⚠Leakage deduction of 0% with no justification in the 2024 verification report, contradicting an earlier (2016) verification that described leakage as quantified
• ⚠Total ERR verified figure is absent from the extracted record, preventing any pro-rata delivery check against the claimed 53,896 tCO₂e
• ⚠Low extraction confidence flagged across the document set, undermining reliability of all extracted values

Credit Vintages