Global Cookstove Program (EKI Phase 12)

Audit Analysis

The Global Cookstove Program (EKI Phase 12) is a VCS-registered cookstove project in India with VVB-confirmed additionality and a quantified 5% leakage deduction, but it is undermined by a 33-fold discrepancy between the PDD's claimed ERR (15,754) and the monitoring report's verified ERR (523,651), eight material findings in the verification report with no recorded corrective actions, and a project-specific baseline with no stated reassessment date. The fNRB method contradiction (national default vs. local field) and the absence of buffer-pool, reversal, and CORSIA/CCP data further limit confidence in the credit's integrity and claim safety.

Project Description

Red Flags

• ⚠33× discrepancy between the PDD's claimed ERR of 15,754 (June 2024) and the monitoring report's verified ERR of 523,651 (January 2024) — the pro-rata expectation for the 3.5-month monitoring window is roughly 656 tCO₂e, making the verified figure ~798× the expectation if the PDD value is the lifetime estimate
• ⚠Eight material findings in the verification report (fNRB calculation, sample size, ICS identification, wood-saving clarification, monitoring survey, etc.) with no corrective actions recorded in the extracted record
• ⚠Buffer pool percentage and reversal-event data are not stated in any available document, leaving permanence risk unquantified for a cookstove project where stove breakage or abandonment is a realistic reversal pathway
• ⚠fNRB method is contradictory: the verification report (Oct 2024) states a national default while the validation report (Jul 2024) states a local field measurement

Credit Vintages