GS11677 GS11902 Malawi Biomass Energy Conservation Programme CPA 29
GS-3934 ↗ · current registry ID: GS11928
#45of 1329 in Industrial#8of 92 in Malawi#125of 1801 in Gold Standard (GS)#15of 189 in AMS-II.G
Audit Analysis
A Gold Standard improved-cookstove project in Malawi with a VVB-confirmed investment additionality test, a quantified 5% leakage deduction, and no reported reversal events. However, the project relies on a project-specific baseline, no buffer pool is documented, and significant discrepancies exist between the monitoring report and verification report on claimed ERR figures and the crediting period, undermining confidence in the data chain.
Red Flags
- Claimed ERR differs by a factor of ~3 between the monitoring report (243,647) and the verification report (760,155), with no clear explanation in the extracted record
- Crediting period is stated as 2016–2025 in the monitoring report but 2021–2036 in the validation report, creating ambiguity about the project's lifetime and pro-rata expectations
- No lifetime ex-ante ERR estimate is available in the extracted record, preventing a proper pro-rata over/under-delivery check
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 7,644 | 0 | 7,644 | |
| 2022 | 6,069 | 0 | 6,069 | |
| 2023 | 3,826 | 0 | 3,826 | |
| Total | 17,539 | 0 | 17,539 |
Risk Indicators
VVB-confirmed investment test
crediting period in final year
5% quantified deduction with justification
Project-specific baseline; reassessment timing not stated
FPIC, grievance mechanism, and safeguards documented
CORSIA and CCP status both unstated
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