GS11935 GS11934 RVPA-45 Promoting sustainable use of biomass energy resources in targeted communities
GS-4721 ↗ · current registry ID: GS12745
#681of 1329 in Industrial#73of 101 in Nepal#1030of 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, reversal risk unaddressed), a contradictory 100% usage-rate assumption, and identical claimed/verified emission figures that raise questions about independent verification. The low extraction confidence and multiple inter-document contradictions further erode confidence in the data integrity.
Red Flags
- Usage rate assumed at 100% in the validation report contradicts a value of 1 in the appendix — a fundamental parameter discrepancy that could inflate credits by orders of magnitude
- Total ERR claimed (47,333 tCO2e) is identical to total ERR verified, with no monitoring period stated, making it impossible to confirm independent measurement
- No buffer pool percentage stated and reversal events explicitly 'not addressed' for a cookstove project with inherent equipment-failure and replacement risk
- FPIC status contradicts between the 2023 and 2024 validation reports; the more recent (2024) report states FPIC was not conducted
- Min extraction confidence is rated low, indicating at least one key document was poorly readable
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2023 | 2,196 | 0 | 2,196 | |
| 2024 | 2,323 | 0 | 2,323 | |
| Total | 4,519 | 0 | 4,519 |
Risk Indicators
VVB-confirmed combined test
reversal unaddressed
5% quantified deduction
Project-specific; reassessment timing not stated
Grievance mechanism present; FPIC not conducted
CORSIA and CCP status not stated
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