GS11677 GS11902 Malawi Biomass Energy Conservation Programme CPA 22
GS-3940 ↗ · current registry ID: GS11922
#115of 1329 in Industrial#22of 92 in Malawi#231of 1801 in Gold Standard (GS)#32of 189 in AMS-II.G
Audit Analysis
A Gold Standard improved-cookstove project in Malawi with a verified investment-test additionality assessment, a quantified 5% leakage deduction, and no reported reversal events. However, the absence of a buffer pool for a project type with inherent reversion risk, a project-specific (non-jurisdictional) baseline, and several unresolved contradictions in ERR figures and crediting-period dates moderate confidence in the integrity and claim-safety of the credits.
Red Flags
- The verification report (2024-12-03) lists a claimed ERR of 760,155 while the monitoring report for the same period reports 243,647 — a 3.1× discrepancy that is not explained in the extracted record.
- Two different crediting periods appear across documents: 2016-2023 (monitoring report) and 2021-2036 (validation report), creating ambiguity about which period the 2024 monitoring data falls under.
- The baseline is project-specific rather than jurisdictional, and no baseline reassessment date is recorded in any document.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 39,394 | 0 | 39,394 | |
| 2022 | 29,441 | 0 | 29,441 | |
| 2023 | 14,852 | 0 | 14,852 | |
| Total | 83,687 | 0 | 83,687 |
Risk Indicators
VVB-confirmed investment test
reversion risk unaddressed
5% quantified deduction
Project-specific; no reassessment date
FPIC, grievance mechanism, safeguards documented
CORSIA and CCP status not stated
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