Grouped Projects for Viet Nam Cookstove Program.
#38of 60 in Cookstoves#20of 25 in Vietnam#440of 629 in Verra (VCS)#25of 38 in VMR0006
Audit Analysis
The Viet Nam Cookstove Program is a VCS-registered energy-demand project with confirmed additionality and a quantified 5% leakage deduction, but it is undermined by a weak safeguards record (no FPIC, no documented grievance mechanism, safeguards not mentioned per the most recent verification report) and an unusually long list of material findings and corrective actions spanning 40+ items. The conservative fNRB reduction and verified ERR below the claimed figure provide some claim-safety margin, yet 11 cross-document contradictions and placeholder data in the extraction notes erode confidence in the underlying data quality.
Red Flags
- FPIC not conducted and grievance mechanism not documented per the most recent verification report (2025-04-11), a significant gap for a community-based cookstove programme in Viet Nam
- 40+ material findings and 20+ corrective actions logged across validation and verification reports, indicating systemic documentation and methodological gaps
- 11 contradictions between documents on key parameters (fNRB, leakage, usage rate, ERR, safeguards, FPIC, grievance mechanism), reducing data reliability
- Extraction notes reveal that some structured fields were populated with placeholder or estimated values from a KML file, undermining confidence in the extracted record
- Safeguards, benefit-sharing, and grievance mechanism all recorded as absent in the most recent verification report, despite being present in an earlier version of the same document
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2022 | 1,256,971 | 92,582 | 1,164,389 | |
| 2023 | 3,259,472 | 0 | 3,259,472 | |
| 2024 | 1,910,757 | 0 | 1,910,757 | |
| Total | 6,427,200 | 92,582 | 6,334,618 |
Risk Indicators
VVB-confirmed activity test
Non-AFOLU, no reversal risk
5% quantified deduction
Project-specific baseline, not yet due for reassessment
No FPIC, no grievance mechanism, safeguards absent
CORSIA excluded, CCP status not stated
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