GS10959 VPA08 Safe Water Project in Bangladesh II
GS-3106 ↗ · current registry ID: GS11151
#21of 1329 in Industrial#5of 121 in Bangladesh#79of 1801 in Gold Standard (GS)
Audit Analysis
A Gold Standard safe-water project in Bangladesh that displaces fuel-based water heating, with VVB-confirmed additionality and 100% of claimed reductions verified in the latest monitoring period. The project-specific baseline, absence of a stated buffer pool, and a 0% leakage deduction (justified as negligible) introduce moderate risk, while the numerous minor corrective actions and several cross-document inconsistencies temper confidence in data reliability.
Red Flags
- Additionality test type is not specified in the extracted record despite VVB confirmation, limiting the ability to assess the robustness of the additionality argument
- The monitoring report (Dec 2024) characterises leakage as 'quantified' while the verification report (May 2024) states it is 'deemed negligible' — a characterisation inconsistency that, while both yield 0%, suggests ambiguity in the leakage treatment
- Four corrective actions remain open, including a requirement to clarify how double-claiming is avoided if alternative water purification access is covered under another carbon credit project
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 8,952 | 8,952 | 0 | |
| 2022 | 23,053 | 22,862 | 191 | |
| 2023 | 35,764 | 24,064 | 11,700 | |
| 2024 | 29,900 | 29,302 | 598 | |
| Total | 97,669 | 85,180 | 12,489 |
Risk Indicators
VVB-confirmed but test type unspecified
mixed evidence / unresolved risk
0% deduction, negligible for safe-water displacement
Project-specific, no reassessment date found
Grievance mechanism and benefit sharing present; FPIC not stated
CORSIA and CCP status not stated; open CAR on double-claiming
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