Chaiyaphum Wind Farm Power Project
GS-2038 ↗ · current registry ID: GS7550
#429of 770 in Renewable energy#16of 22 in Thailand#350of 426 in Gold Standard (GS)#313of 383 in ACM0002
Audit Analysis
The Chaiyaphum Wind Farm is a Gold Standard wind project with VVB-confirmed additionality and inherently low permanence risk, but its credibility is undermined by seven corrective actions, a major crediting-period discrepancy between the PDD and verification report, and a significant gap in verified emission reduction figures. Multiple contradictions across documents (baseline method, leakage justification, safeguards, FPIC) reduce confidence in the data record. The project is functional but its documentation quality and internal consistency fall well below best practice.
Red Flags
- Crediting period stated as 2020-2025 in the verification report but 2021-2036 in the PDD — a 10-year discrepancy that the monitoring report itself flags as a corrective action
- Seven corrective actions required in the verification report, including missing grievance register records, missing meter calibration data, and missing SDG indicator evidence
- Total ERR claimed of 129,784 tCO₂e in the monitoring report versus 70,598 tCO₂e in the PDD — an 84% discrepancy that cannot be reconciled without knowing the exact crediting-period basis
- No verified ERR figure is available in the extracted record, making independent over- or under-delivery assessment impossible
- No buffer pool percentage stated, leaving no quantified permanence safeguard despite the absence of a formal reversal-risk assessment in the verification report
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2020 | 61,653 | 39,769 | 21,884 | |
| 2021 | 71,297 | 12,930 | 58,367 | |
| 2022 | 6,778 | 135 | 6,643 | |
| Total | 139,728 | 52,834 | 86,894 |
Risk Indicators
VVB-confirmed, test type unspecified
Low inherent risk (wind) but no buffer pool stated
0% deduction, justification inconsistent across docs
Method contradictory; grid EF from 2016
FPIC and grievance mechanism present but records incomplete
CORSIA and CCP status both unstated
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