GS11677 GS11902 Malawi Biomass Energy Conservation Programme CPA 20
GS-3942 ↗ · current registry ID: GS11920
#22of 1329 in Industrial#2of 92 in Malawi#80of 1801 in Gold Standard (GS)#7of 189 in AMS-II.G
Audit Analysis
A Gold Standard cookstove project in Malawi with VVB-confirmed additionality, a quantified 5% leakage deduction, and no reversal events, but hampered by a project-specific baseline, multiple cross-document contradictions (notably in claimed ERR figures and crediting period), and the absence of a stated buffer pool or lifetime ex-ante estimate. The monitoring approach (annual survey) is appropriate for the sector, and the verified usage rate is conservatively below the assumed rate.
Red Flags
- Claimed ERR of 760,155 in the verification report contradicts the 243,647 in the monitoring report for the same period, creating uncertainty about the true baseline claim
- Crediting period stated as 2016–2025 in the monitoring report but 2021–2036 in the validation report, raising questions about which period is operative
- No lifetime ex-ante ERR estimate found, preventing a pro-rata over/under-delivery check
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 40,855 | 0 | 40,855 | |
| 2022 | 30,535 | 0 | 30,535 | |
| 2023 | 11,898 | 0 | 11,898 | |
| Total | 83,288 | 0 | 83,288 |
Risk Indicators
VVB-confirmed investment test
mixed evidence / unresolved risk
5% quantified deduction
Project-specific; reassessment timing unstated
FPIC, grievance mechanism, safeguards documented
CORSIA and CCP status both unstated
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