Heilongjiang Yilan Maanshan Wind Power Project

Audit Analysis

A registered VCS wind power project with VVB-confirmed additionality and no material findings, but undermined by an outdated 2005 grid emission factor, a 0% leakage deduction with no substantive justification in the verification report, and multiple contradictions across documents (baseline method, crediting period, leakage rationale). The project delivered approximately 110% of the pro-rata ex-ante expectation for the elapsed monitoring period, which is reassuring, but the absence of a buffer pool, FPIC, and grievance mechanism leaves safeguards and permanence governance thin.

Project Description

Red Flags

• ⚠Grid emission factor of 1.146 tCO2/MWh is from 2005 and was never updated or reassessed during the 10-year crediting period, risking an overstated baseline as China's grid decarbonised.
• ⚠Leakage deduction is 0% and the verification report (2022) records the justification as 'not addressed', while the monitoring report (2022) claims it was 'deemed negligible' — an unresolved inconsistency in a project type where displaced electricity could be consumed elsewhere.
• ⚠Baseline method is recorded as 'project' in the 2022 verification report but 'jurisdictional' in the 2008 monitoring report; the contradiction is unexplained and affects confidence in the baseline construction.

Credit Vintages