Energisa Rio Grande SHPPs

Audit Analysis

The Energisa Rio Grande small hydro project has a solid additionality case confirmed by DNV via an investment test, and the jurisdictional baseline is standard for CDM hydro. However, a major discrepancy between the PDD's claimed 78,323 tCO₂e and the VVB-validated 11,189 tCO₂e raises serious over-crediting concerns, and the absence of a verification report, monitoring report, and low extraction confidence significantly weaken the transparency and documentation picture.

Project Description

Red Flags

• ⚠The PDD claims 78,323 tCO₂e while the DNV validation report validates only 11,189 tCO₂e — a 7-fold difference that, if the higher figure were used for credit issuance, would represent severe over-crediting.
• ⚠No verification report or monitoring report is explicitly identified among the seven extracted documents; the monitoring period spans the entire 7-year crediting period with no intermediate verification evidence.
• ⚠Minimum extraction confidence is rated low, indicating at least one key document was poorly readable, undermining confidence in the extracted data.
• ⚠The grid emission factor of 0.1635 tCO₂/MWh is from 2009, predating the 2013 crediting start by four years, and no reassessment date is recorded.

Credit Vintages

No issuances recorded on the registry.