GS11677 GS11902 Malawi Biomass Energy Conservation Programme CPA 37
GS-3946 ↗ · current registry ID: GS11932
#86of 1329 in Industrial#16of 92 in Malawi#189of 1801 in Gold Standard (GS)#25of 189 in AMS-II.G
Audit Analysis
A Gold Standard improved-cookstove project in Malawi with VVB-confirmed additionality, no reversal events, and a quantified 5% leakage deduction. However, the project-specific baseline, absence of a buffer pool, lack of a lifetime ex-ante ERR estimate, and several data-representation contradictions across documents limit confidence in the robustness of the credit claims. All corrective actions were resolved, and the verified ERR matches the claimed ERR for the 2024 monitoring period.
Red Flags
- The verification report (Dec 2024) lists a total claimed ERR of 760,155 while the monitoring report for the same period shows 243,647 — a 3.1× discrepancy that is not explained in the extracted record and may indicate cumulative vs. single-period reporting or a data error.
- CORSIA eligibility and CCP status are not stated in any document, leaving dual-channel or double-claiming risk unassessed.
- The crediting period in the PDD (2019–2024) conflicts with the validation report (2021–2036); the earlier PDD period appears to be a superseded draft, but the discrepancy was not explicitly reconciled in the extracted record.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 41,294 | 0 | 41,294 | |
| 2022 | 30,396 | 579 | 29,817 | |
| 2023 | 21,554 | 0 | 21,554 | |
| 2024 | 5,024 | 0 | 5,024 | |
| Total | 98,268 | 579 | 97,689 |
Risk Indicators
VVB-confirmed investment test
no reversals
5% quantified deduction
Project-specific; no reassessment date
FPIC, grievance mechanism, benefit sharing
CORSIA/CCP status not stated
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