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ScoredGSEnergy Efficiency - DomesticIndiaRegistry: RegisteredAMS-II.I

GS11450 - MicroEnergy Credits – Microfinance for Clean Energy Product Lines – India - CPA 11 - GS11481

Developer: Micro Energy Credits Corporation Private Limited

GS-3561 ↗ · current registry ID: GS11481

#312of 1605 in Industrial#914of 2302 in India#484of 2124 in Gold Standard (GS)#6of 56 in AMS-II.I

Assessment

CarbonMeld document-based assessment

01020304 Overall 5.4 / 10
Integrity 🔒 Transparency 🔒 Claim Safety 🔒 Documentation 🔒
Dimension scores are locked — the faint arcs are empty tracks, not zero scores.

Scale 0–10 · method weights: integrity 35% · transparency 25% · claim safety 25% · documentation 15%.

Scored2026-09-02high confidenceLatest verified monitoring: 2023-12-31

evidence:26/28registry documents analyzed · 4red flags

Generated by CarbonMeld Analysis Pipeline · Methodology · Editorial Policy · About the System
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Analysis

This Gold Standard microfinance-for-clean-energy project in India has a VVB-verified combined additionality test and a named verification body, but is undermined by a large gap between the assumed usage rate (0.9 in the PDD) and the verified rate (0.52), a 0% leakage deduction with contradictory justifications across documents, and the absence of a stated buffer pool. Multiple open corrective actions and significant ERR-figure discrepancies between verification and monitoring reports reduce confidence in the data pipeline.

Red Flags

4 red flags detected — Unlock with Premium

Findings

Risk Indicators

Additionality

🔒

Permanence

🔒

Leakage

🔒

Baseline

🔒

Safeguards

🔒

Double-claim

🔒

Risk indicator details are a Premium feature

Score Breakdown

Score factors per dimension are a Premium feature — Unlock with Premium

Detailed Analysis

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Evidence

Eligibility & market

What can you claim with this credit?

Four checks buyers ask about, from the registry and the Integrity Council (ICVCM).

  • Airlines (CORSIA)

    No CORSIA label on the registry

    Not usable for airlines' CORSIA obligations.

    Source: registry label

  • Integrity label (ICVCM CCP)

    No ICVCM information

    No CCP label and no ICVCM decision found for this project's methodology.

  • Removal or reduction

    Emission reduction or avoidance

    Prevents or reduces emissions — fits contribution claims, not SBTi neutralisation.

    Source: registry label

  • Paris Agreement (Article 6)

    Not published

    This registry does not publish Article 6 authorizations.

Information only, from public sources. Claim rules (CORSIA, SBTi, EU rules on green claims) change: check them before making a public claim. Since 27 September 2026, EU consumer rules do not allow “climate neutral” product claims based on offsets.

Registry labels last checked:2026-09-27

Credit Vintages

IssuedRetiredAvailable
2020
20,63320,6330
2021
38,757038,757
2022
34,020034,020
Total93,41020,63372,777

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Profile & governance

Analysis ProvenanceAMS-III.AR
Methodology·Editorial Policy·About the System

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