Goiandira, Pedra do Garrafão, Pirapetinga and Sítio Grande Small Hydropower Plants Project Activity

Audit Analysis

A four-plant small hydropower CDM project in Brazil with confirmed additionality and a jurisdictional grid baseline, but the verification report flagged nine corrective action requests and three outstanding corrective actions related to meter calibration delays and monitoring-report inconsistencies. Pro-rata delivery for the first monitoring period exceeded the ex-ante expectation, yet the volume of CARs and the absence of several key MRV fields (FNRB, usage monitoring, buffer pool confirmation) limit confidence in the robustness of the credit claims.

Project Description

Red Flags

• ⚠Nine Corrective Action Requests, two Clarification Requests, and one Forward Action Request were raised in the verification report, indicating material weaknesses in monitoring and reporting quality
• ⚠Three corrective actions remained open at the time of the verification report, including updating the monitoring report, providing calibration evidence, and clarifying shared transmission-line measurement
• ⚠Baseline method is described as 'jurisdictional' in the verification report but 'project' in the validation report, creating ambiguity about the baseline basis
• ⚠Grid emission factor is from 2007 and no updated value or reassessment is documented

Credit Vintages