Dak Pone Hydropower Project

Audit Analysis

The Dak Pone Hydropower Project is a small-scale CDM hydro project in Vietnam with a VVB-confirmed investment additionality test and a reasonable pro-rata delivery rate (~89% of expectation). However, the absence of a buffer pool, contradictory leakage and baseline characterisations across documents, and 18 material findings (mostly PDD documentation deficiencies) limit confidence in the project's integrity and documentation quality.

Project Description

Red Flags

• ⚠Leakage justification contradicts between the PDD ('deemed negligible') and the monitoring report ('not addressed'), with a 0% deduction in both
• ⚠Baseline method is characterised as 'project-specific' in the monitoring report but 'jurisdictional' in the validation report, creating ambiguity about the baseline approach
• ⚠18 material findings and 18 corrective actions required, indicating significant PDD documentation deficiencies at the time of verification
• ⚠Total verified ER figure is not found in the extracted record, preventing independent verification of claimed credits

Credit Vintages