Energy Efficient Stoves Program - CPA1

Audit Analysis

The Energy Efficient Stoves Program in Ethiopia has VVB-verified additionality and a quantified 5% leakage deduction, but is undermined by a severe 86-fold discrepancy in the fuel-to-carbon conversion factor between the PDD (0.88) and the verification report (76), the absence of any buffer pool or permanence protection, and a project-specific baseline with no recorded reassessment. Six cross-document contradictions and a low extraction confidence rating further erode confidence in the data reliability of the credit claims.

Project Description

Red Flags

• ⚠Fuel-to-carbon conversion factor differs by a factor of ~86 between the PDD (0.88, Dec 2018) and the verification report (76, Sep 2024), raising serious questions about which value underpins the credit calculation
• ⚠No buffer pool percentage is stated in any available document, leaving no permanence protection against stove replacement or breakdown
• ⚠Reversal events are explicitly noted as 'not addressed' in the extracted record, despite stoves being durable goods subject to wear, replacement, or abandonment
• ⚠Total verified ERR figure is not found in any available document, making it impossible to confirm that claimed credits match verified reductions
• ⚠Crediting period is stated as 2021-01-01 to 2021-12-31 in the verification report but 2021-04-01 to 2023-10-16 in the 2021 monitoring report, a discrepancy of over 1.5 years in scope

Credit Vintages