Global Cookstove Program (EKI Phase 05)

Audit Analysis

The Global Cookstove Program (EKI Phase 05) is a VCS-registered energy-demand project in India with a confirmed combined additionality test and a quantified 5% leakage deduction, but it is undermined by a severe 28-fold discrepancy in claimed emissions reductions between the PDD and the monitoring report, a 100% verified usage rate that is implausible for household cookstoves, and the absence of any documented buffer pool or reversal-risk assessment. The project's data reliability is further weakened by the lack of a verified ERR figure and a project-specific baseline that has not been independently reassessed.

Project Description

Red Flags

• ⚠Claimed ERR differs by a factor of ~28 between the PDD (556,554 tCO₂e) and the monitoring report (15,884,098 tCO₂e); the basis for each figure is unclear and no verified ERR is available to arbitrate
• ⚠Verified usage rate of 100% is implausible for household cookstoves and raises over-crediting risk
• ⚠No buffer pool or reversal-risk mechanism is documented despite the inherent breakage/abandonment risk of distributed cookstoves
• ⚠CORSIA eligibility and CCP status are both unstated, leaving dual-channel risk unassessed

Credit Vintages