GS11935 GS11934 RVPA-18 Promoting sustainable use of biomass energy resources in targeted communities
GS-4694 ↗ · current registry ID: GS12717
#500of 1329 in Industrial#41of 101 in Nepal#798of 1801 in Gold Standard (GS)
Audit Analysis
A Gold Standard cookstove project in Nepal with a verified combined additionality test and a quantified 5% leakage deduction, but significant gaps in permanence safeguards (no buffer pool, reversals unaddressed), an outdated 2010 baseline survey, and no monitoring data yet available. The low extraction confidence and multiple clarification/corrective action requests during validation indicate documentation weaknesses that temper confidence in the overall credit quality.
Red Flags
- No buffer pool percentage stated and reversal events explicitly not addressed, leaving permanence risk unmitigated for a 5-year crediting period
- Baseline survey data dates from 2010 (flagged in FAR 4), raising concerns about the currency and representativeness of the project-specific baseline
- No monitoring report or monitoring period found in the extracted record despite the crediting period starting in May 2023, meaning no verified ex-post data exists
- Low extraction confidence across the document set, indicating at least one key document was poorly readable or incomplete
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2023 | 5,602 | 0 | 5,602 | |
| 2024 | 2,349 | 0 | 2,349 | |
| Total | 7,951 | 0 | 7,951 |
Risk Indicators
VVB-confirmed combined test
reversals unaddressed
5% quantified deduction
Project-specific; 2010 survey data
FPIC, grievance, benefit sharing documented
CORSIA and CCP status not stated
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