GS1729 Myanmar Stoves Campaign - Soneva in Myanmar - VPA No. 009
GS-1487 ↗ · current registry ID: GS6599
#455of 1329 in Industrial#10of 25 in Myanmar#714of 1801 in Gold Standard (GS)
Audit Analysis
The Myanmar Stoves Campaign is a Gold Standard cookstove project with VVB-confirmed additionality and documented safeguards, but it carries moderate risk from a project-specific baseline, a very low leakage deduction (0.95%) that conflicts with the monitoring report's 5%, and a verified usage rate of 52.63% that is far below the 100% assumption. Reversal risk is not addressed, and multiple data contradictions across documents reduce confidence in the reported figures.
Red Flags
- Verified usage rate of 52.63% (verification report, 2024) is less than half the 100% assumed in the methodology, raising over-crediting risk
- Leakage deduction of 0.95% in the verification report conflicts with 5% in the monitoring report; the lower figure is extremely low for a household cookstove project
- Reversal events are explicitly not addressed in the verification report, leaving permanence risk unquantified for a project where stoves can break or be replaced
- Six contradictions identified across documents, including differing crediting periods, usage rates, and monitoring methods
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2018 | 7,907 | 7,907 | 0 | |
| 2019 | 7,965 | 7,821 | 144 | |
| 2020 | 5,112 | 5,112 | 0 | |
| 2021 | 4,700 | 8 | 4,692 | |
| 2022 | 3,041 | 0 | 3,041 | |
| Total | 28,725 | 20,848 | 7,877 |
Risk Indicators
VVB-confirmed combined test
Reversal risk not addressed
0.95% deduction contradicted by 5% in monitoring report
Project-specific baseline; no reassessment date stated
FPIC, grievance mechanism, benefit sharing documented
CORSIA and CCP status not stated
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