Fujian Jiangle Gaotang Hydropower Project

Audit Analysis

A CDM hydropower project with a solid combined additionality test verified by Deloitte-TECO and a reasonable zero-leakage justification for grid-displacement. However, significant data reliability concerns arise from contradictory ERR figures within the same monitoring report, a baseline method discrepancy between the verification and monitoring reports, and a mismatched crediting period between the PDD and later documents. Multiple key monitoring parameters (verified ERR, FNRB, usage monitoring method) are absent from the extracted record, limiting the ability to confirm actual delivery against claims.

Project Description

Red Flags

• ⚠The 2024 monitoring report contains two different total ERR claimed values (184,909 and 80,710) within the same document, creating ambiguity about the actual credit volume
• ⚠Baseline method is stated as 'project' in the 2013 verification report but 'jurisdictional' in the 2024 monitoring report, raising questions about which baseline was actually applied
• ⚠Crediting period differs between the PDD (2008-04-01 to 2015-03-31) and the monitoring report (2009-01-16 to 2016-01-15), affecting the total credit calculation
• ⚠Meter calibration for EM3/EM4 was not performed as required by the registered PDD across multiple monitoring periods (2012, 2013, 2014), though later calibrations fell within acceptable ranges
• ⚠Total verified ERR, FNRB method, and usage monitoring method are not stated in the available documents, preventing independent verification of actual delivery

Credit Vintages