GS11935 GS11934 RVPA-31 Promoting sustainable use of biomass energy resources in targeted communities
GS-4707 ↗ · current registry ID: GS12731
#761of 1329 in Industrial#79of 101 in Nepal#1149of 1801 in Gold Standard (GS)
Audit Analysis
A Gold Standard cookstove project in Nepal with VVB-verified additionality and a quantified 5% leakage deduction, but significant gaps in permanence safeguards (no buffer pool, reversal risk unaddressed), a contradictory FPIC record, and an aggressive 100% usage-rate assumption. The project is at the validation stage with no monitoring data yet, and multiple document contradictions reduce confidence in the underlying data.
Red Flags
- No buffer pool or permanence mechanism identified; reversal events explicitly 'not addressed' in the validation report, creating unquantified risk that cookstoves will be replaced or fall out of use within the 5-year crediting period
- FPIC status is contradictory: the 2024 validation report states FPIC was not conducted, while an earlier 2023 validation report states it was — the more recent document is privileged, leaving a safeguards gap
- Usage rate assumed at 100% in the validation report, contradicted by an appendix value of 1 (likely a unit or transcription error), making the actual utilisation assumption unclear
- Six Forward Action Requests (FARs) raised by the VVB, including concerns about the 2010 baseline survey's relevance, double-counting demonstration, and grievance mechanism placement, indicate unresolved methodological questions
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2023 | 3,639 | 0 | 3,639 | |
| 2024 | 2,349 | 0 | 2,349 | |
| Total | 5,988 | 0 | 5,988 |
Risk Indicators
VVB-verified combined test
reversal risk unaddressed
5% quantified deduction
Project-specific; 2010 survey flagged as outdated
Grievance mechanism present; FPIC not conducted per 2024 report
CORSIA and CCP status not stated; no explicit exclusion found
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