GS11935 GS11934 RVPA-02 Promoting sustainable use of biomass energy resources in targeted communities

Audit Analysis

A Gold Standard cookstove project in Nepal with VVB-verified additionality, a quantified 5% leakage deduction, and no reported reversal events. However, the verified emissions reduction (91,239 tCO₂e) is roughly double the ex-ante estimate (47,333 tCO₂e) from the validation report, raising over-crediting concerns. Multiple data contradictions across documents and an unresolved FPIC status weaken confidence in the project's safeguards and data reliability.

Project Description

Red Flags

• ⚠Verified ERR of 91,239 tCO₂e is approximately 193–964% of the ex-ante estimate of 47,333 tCO₂e from the validation report, depending on whether the latter is a first-year or lifetime figure — a significant over-delivery that warrants scrutiny
• ⚠FPIC status is contradictory: the earlier validation report (Nov 2023) states FPIC was conducted, while the later validation report (Sep 2024) states it was not; the more recent document is privileged, indicating FPIC was not conducted
• ⚠No buffer pool or explicit permanence mechanism is documented, and the fNRB unit inconsistency (91.44 vs 0.9144) across the verification and monitoring reports suggests a documentation quality issue
• ⚠CORSIA eligibility and CCP status are both unstated, leaving dual-channel risk unassessed

Credit Vintages