GS10959 VPA07 Safe Water Project in Bangladesh I
GS-3105 ↗ · current registry ID: GS11150
#110of 1329 in Industrial#15of 121 in Bangladesh#226of 1801 in Gold Standard (GS)
Audit Analysis
A Gold Standard safe-water project in Bangladesh that displaces thermal energy used for boiling water, verified by 4K Earth Science with no reversal events and a 100% usage rate confirmed by annual surveys. The project is hampered by the absence of a buffer pool, a project-specific baseline, a large volume of corrective actions, and several cross-document inconsistencies (mostly unit-conversion artefacts), which together moderate confidence in the robustness of the credit claims.
Red Flags
- The verification report (2025) describes leakage as 'deemed negligible' while the monitoring report (2024) characterises it as 'quantified' — an unresolved inconsistency in how leakage is treated.
- A finding from the first monitoring period explicitly flags the need to confirm that access to alternative water-purification technology is not covered under another carbon-credit project, raising a residual double-claiming risk.
- Eleven corrective actions remain open, including the requirement to submit the baseline report and raw data for review, indicating the baseline has not yet been fully validated by the VVB.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 9,459 | 9,306 | 153 | |
| 2022 | 23,791 | 9,894 | 13,897 | |
| 2023 | 36,595 | 8,121 | 28,474 | |
| 2024 | 29,538 | 9,295 | 20,243 | |
| Total | 99,383 | 36,616 | 62,767 |
Risk Indicators
VVB-confirmed but test type not stated
no reversals reported
0% deduction, justified as negligible for water displacement
Project-specific; reassessment timing not stated
Grievance mechanism and benefit sharing present; FPIC not stated
CORSIA/CCP status not stated; FAR flags alternative-technology overlap
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