GS1729 Myanmar Stoves Campaign - Soneva in Myanmar - VPA No. 010
GS-1471 ↗ · current registry ID: GS6600
#1068of 1329 in Industrial#23of 25 in Myanmar#1510of 1801 in Gold Standard (GS)
Audit Analysis
This Gold Standard cookstove project in Myanmar has a named VVB (SustainCERT) and a stated monitoring period, but is undermined by 13 material findings, 13 corrective actions, and nine cross-document contradictions. The verification report (2023) does not confirm additionality by the VVB, the baseline is project-specific with no reassessment date, no buffer pool is in place, and the assumed 100% usage rate diverges sharply from the 75.45% verified rate. The project's data reliability is further weakened by a large discrepancy in the ex-ante lifetime estimate (9,584 vs 47,922 tCO₂e) and a leakage deduction that is 0% in the verification report but 5% in the contemporaneous monitoring report.
Red Flags
- Additionality was NOT verified by the VVB according to the 2023 verification report, contradicting the 2023 validation report which recorded it as verified
- 13 material findings in the verification report, including corrections to baseline calculations, survey sample data, EFb values, and net-benefit computations
- 13 corrective actions required, spanning ODA declaration, stakeholder consultation documentation, LSC timing, and emission-reduction transfer agreements
- Ex-ante lifetime estimate differs by a factor of five between the PDD (47,922 tCO₂e) and the 2020 monitoring report (9,584 tCO₂e)
- Leakage deduction is 0% in the verification report but 5% in the monitoring report dated 15 days earlier
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2018 | 6,535 | 6,535 | 0 | |
| 2019 | 9,216 | 9,098 | 118 | |
| 2020 | 6,957 | 4,537 | 2,420 | |
| 2021 | 5,697 | 1,952 | 3,745 | |
| 2022 | 4,618 | 0 | 4,618 | |
| 2023 | 259 | 0 | 259 | |
| Total | 33,282 | 22,122 | 11,160 |
Risk Indicators
Investment test present but not VVB-verified per 2023 verification report
no reversal events reported
0% deduction in verification report contradicted by 5% in monitoring report
Project-specific baseline; no reassessment date found in available documents
Grievance mechanism and benefit sharing documented; FPIC not conducted; 13 corrective actions on stakeholder consultation
CORSIA eligibility and CCP status not stated in available documents
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