Guangnan Shangshilong Hydro Project

Audit Analysis

A small hydro project in Yunnan, China, with a VVB-confirmed combined additionality test and a jurisdictional grid-emission-factor baseline. The project significantly over-delivered relative to its pro-rata expectation (approximately 317% of the expected reductions for the elapsed monitoring period), suggesting a conservative baseline, but the large number of corrective actions (14) and missing verified-ERR figure temper confidence. CORSIA and CCP eligibility are not stated, leaving double-claiming risk unassessed.

Project Description

Red Flags

• ⚠14 corrective actions were required during validation, including inconsistencies in IRR information, missing renewable-energy alternatives in the additionality analysis, and errors in the emission-reduction calculation tied to the crediting-period start date.
• ⚠Total verified ERR for the monitoring period is not stated in the extracted record, making it impossible to independently confirm the 32,142 tCO₂e figure reported in the monitoring report.
• ⚠CORSIA eligibility and CCP approval status are both not stated, leaving the project's double-claiming exposure unassessed.
• ⚠No buffer pool percentage or reversal-risk assessment is documented, despite the 7-year crediting period.

Credit Vintages