CNOOC Weifang Binhai Wind Farm Phase II Project

Audit Analysis

A Gold Standard wind farm project with VVB-confirmed additionality and a reasonable leakage treatment, but severely undermined by ten cross-document contradictions, a low extraction confidence rating, and an unresolved discrepancy in the verified emission reduction figures (406,789 vs 102,641 tCO₂e) that raises over-crediting concerns. CORSIA eligibility introduces dual-channel risk, and the project-specific baseline (contradicted by a jurisdictional reference in the monitoring report) weakens baseline robustness.

Project Description

Red Flags

• ⚠The monitoring report (2022-04-26) contains two conflicting ERR figures — 406,789 and 102,641 tCO₂e — for both claimed and verified values, making it impossible to confirm the correct magnitude of reductions
• ⚠Ten contradictions across documents span baseline method, leakage justification, FPIC status, grievance mechanism, benefit sharing, additionality test type, reversal events, and crediting period, indicating poor internal consistency in the project record
• ⚠CORSIA eligibility is flagged as true for a wind project, creating potential dual-channel crediting risk, while CCP status is not stated in any available document
• ⚠The monitoring period (2024) falls entirely outside the recorded crediting period (2016–2021), and no second crediting period is documented in the extracted record
• ⚠Low extraction confidence across the document set means at least one key document was poorly readable, reducing reliability of all extracted facts

Credit Vintages