DaKrong 2 Hydropower Project
#106of 1935 in Renewable energy#8of 80 in Vietnam#61of 1459 in CDM (UNFCCC)#75of 1287 in ACM0002
Audit Analysis
The DaKrong 2 Hydropower Project is a CDM-registered small hydro scheme in Vietnam with a VVB-verified combined additionality test and a jurisdictional baseline, both of which are solid. The project delivered approximately 91.5% of its pro-rata expected emissions reductions for the 2019–2020 monitoring period, indicating reasonable claim accuracy. However, six material findings (mostly administrative corrections) and two open corrective actions regarding grid emission factor consistency, combined with thin safeguards documentation, temper the overall assessment.
Red Flags
- Two corrective actions remain open regarding consistency of the grid emission factor (EFgrid,CM,y) between the PDD and validation report, raising a question about whether the ex-ante fixed parameter was correctly applied
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed
- FPIC and grievance mechanism are not documented in the extracted record, despite safeguards being mentioned in general terms
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2014 | 34,558 | 0 | 34,558 | |
| 2015 | 34,985 | 0 | 34,985 | |
| 2016 | 38,855 | 0 | 38,855 | |
| 2017 | 37,640 | 0 | 37,640 | |
| 2018 | 40,895 | 0 | 40,895 | |
| 2019 | 40,739 | 0 | 40,739 | |
| 2020 | 41,150 | 0 | 41,150 | |
| Total | 268,822 | 0 | 268,822 |
Risk Indicators
VVB-confirmed combined test
Hydro infrastructure, no reversal events
0% deemed negligible, reasonable for hydro
Jurisdictional baseline, grid EF 0.5764
Mentioned but FPIC and grievance mechanism not documented
CORSIA and CCP status not stated
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