Hebei Zhangbei Baimiaotan Wind Power Project Phase I

Audit Analysis

A CDM wind power project in China with VVB-confirmed additionality and inherent permanence, but undermined by 14 material findings at validation, inconsistent leakage justifications across documents, and a notable absence of verified emission reduction figures. The ERR discrepancy between the PDD and validation report is explainable (lifetime vs. annual basis) but the volume of unresolved issues at validation raises moderate concerns about project design robustness.

Project Description

Red Flags

• ⚠14 material findings at validation, including missing LoAs from host and Annex I countries, outdated common-practice data, and an IRR calculation that omitted a tax benefit — indicating a rushed or incomplete additionality analysis
• ⚠Leakage justification is contradictory: the validation report (2011) deems leakage negligible, while the monitoring report (2013) records it as 'not addressed', leaving no consistent documented rationale for the 0% deduction
• ⚠No verified emission reduction figure (total ERR verified) was found in any available document, making it impossible to confirm actual delivery against the claimed 729,071 tCO₂e lifetime estimate
• ⚠Two of the seven source documents are of unknown type, reducing confidence in the completeness of the evidence base

Credit Vintages