Gazi-9 WPP

Audit Analysis

Gazi-9 WPP is a Gold Standard wind project in Turkey with VVB-verified additionality and no reversal events, but is undermined by a material finding that the first crediting period began a year before design certification, a baseline-method contradiction between the verification and monitoring reports, and a 0% leakage deduction whose justification is inconsistent across documents. The project over-delivered relative to its pro-rata expectation, reducing over-crediting risk, yet several key transparency fields remain unreported and the primary source file appears corrupted.

Project Description

Red Flags

• ⚠Material finding in the verification report: the first crediting period start date (10 Aug 2021) predates the design certification date (10 Aug 2022) by one full year, with no corrective action recorded.
• ⚠Baseline method is reported as 'project' in the verification report but 'jurisdictional' in the monitoring report — a direct contradiction that affects baseline validity.
• ⚠Leakage justification is 'quantified' in the verification report but 'deemed negligible' in the monitoring report, despite both documents being dated 25 Aug 2025.
• ⚠The primary source file is described in its own summary as potentially corrupted or containing primarily non-textual data, undermining confidence in the extracted figures.

Credit Vintages