GS11677 GS11902 Malawi Biomass Energy Conservation Programme CPA 33
GS-3932 ↗ · current registry ID: GS11930
#32of 1329 in Industrial#6of 92 in Malawi#99of 1801 in Gold Standard (GS)#12of 189 in AMS-II.G
Audit Analysis
A Gold Standard cookstove project in Malawi with a VVB-verified investment additionality test, a quantified 5% leakage deduction, and no reported reversal events. However, the project-specific baseline, absence of a stated buffer pool, and multiple data inconsistencies across documents (particularly in ERR figures and crediting period) moderate confidence in the overall credit quality. The project is near the end of its crediting period (March 2025), limiting forward-looking risk.
Red Flags
- Crediting period discrepancy: the monitoring report (2023) states 2016-10-15 to 2025-03-31, while the validation report (2022) states 2021-10-15 to 2036-10-14 — a 15-year difference that is unresolved in the extracted record
- ERR figure contradiction: the monitoring report claims 243,647 tCO2e for the 2024 period, while the verification report (same date) references 760,155 tCO2e — the scope difference (single period vs. cumulative) is not clarified
- Baseline is project-specific rather than jurisdictional, and the date of last baseline reassessment is not found in the extracted record
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 42,830 | 0 | 42,830 | |
| 2022 | 32,879 | 0 | 32,879 | |
| 2023 | 23,315 | 0 | 23,315 | |
| 2024 | 4,911 | 0 | 4,911 | |
| Total | 103,935 | 0 | 103,935 |
Risk Indicators
VVB-verified investment test
mixed evidence / unresolved risk
5% quantified deduction
Project-specific, reassessment date not stated
FPIC, grievance mechanism, benefit sharing documented
CORSIA and CCP status not stated
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