Global Cookstove Program (EKI Phase 01)
#21of 60 in Cookstoves#109of 387 in India#207of 629 in Verra (VCS)#14of 38 in VMR0006
Audit Analysis
The Global Cookstove Program (EKI Phase 01) is a VCS cookstove project in India with confirmed additionality, quantified leakage, and no reversal events, but it carries moderate risk from a project-specific baseline, an unstated buffer pool, and unresolved corrective actions. The ERR figures show a discrepancy between two monitoring cycles (133,365 vs 179,189 tCO₂e), and the registry status remains at 'verification approval requested,' meaning credits have not yet been issued.
Red Flags
- Buffer pool percentage is not stated in any available document, leaving permanence risk unquantified for a cookstove project where stove replacement or abandonment could trigger reversals
- Five corrective actions remain open in the verification report, including correction of the ERy,i,j parameter calculation and provision of actual data for the survey-based baseline parameter, indicating the underlying calculations have not been fully validated
- ERR figures differ between the November 2023 monitoring report (133,365 tCO₂e) and the March 2024 monitoring report (179,189 tCO₂e), a 34% increase that is not clearly explained in the extracted record
- Usage rate is verified at 100% but the assumed usage rate used in the ex-ante calculation is not stated, making it impossible to confirm whether the verified figure is consistent with the original methodology assumptions
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 389 | 0 | 389 | |
| 2022 | 179,140 | 179,140 | 0 | |
| 2023 | 196,002 | 45,301 | 150,701 | |
| Total | 375,531 | 224,441 | 151,090 |
Risk Indicators
VVB-confirmed activity test
No reversal events but buffer pool not stated
5% quantified deduction with justification
Project-specific baseline, no reassessment date
FPIC, grievance mechanism, and safeguards documented
CORSIA and CCP status not stated
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