Ea Nam Wind Power Project

Audit Analysis

The Ea Nam Wind Power Project is a Gold Standard wind project in Vietnam with a VVB-confirmed investment additionality test and consistent ERR figures (1,056,167 tCO₂e claimed and verified). However, six contradictions across documents—including a baseline method discrepancy (project-specific vs. jurisdictional) and inconsistent leakage justifications—introduce moderate data-reliability concerns. All seven material findings were corrected and closed, and safeguards (FPIC, grievance mechanism, benefit sharing) are documented, but the absence of a buffer pool and the unresolved baseline characterization limit confidence.

Project Description

Red Flags

• ⚠Baseline method is described as 'project-specific' in the verification report (2024) but 'jurisdictional' in the monitoring report (2025) — an unresolved contradiction that affects the credibility of the emission-factor basis (0.823 tCO₂/MWh, 2021 grid EF).
• ⚠Leakage deduction is 0% with justification stated as 'not addressed' in the verification report but 'deemed negligible' in the later monitoring report — the inconsistency weakens the leakage treatment.
• ⚠No buffer pool percentage is stated in any available document, and reversal events are listed as 'not addressed,' leaving permanence risk unquantified even for a low-risk wind project.
• ⚠SDG 7 and SDG 13 co-benefit impacts were found to be approximately 50% lower than estimated in the approved PDD due to unfavorable wind resources and O&M activities, indicating estimation uncertainty in the project's performance modelling.

Credit Vintages