Henan Funiushan Solar Cooker Project Phase II

Audit Analysis

The Henan Funiushan Solar Cooker Project Phase II has a sound additionality foundation (investment test confirmed by CTI) and documented safeguards, but is significantly undermined by over 40 corrective actions identified during verification, including errors in baseline emission and ER calculations. Multiple contradictions across documents on leakage treatment, verified ERR, usage rates, and monitoring methods erode confidence in the reported figures. The project is a low-risk avoidance type (solar thermal cookers) with no reversal events, but the volume of data-quality issues and the absence of a buffer pool or clear double-counting exclusion warrant caution.

Project Description

Red Flags

• ⚠Verification report (2023) lists 40+ corrective actions, including 'Calculation result of baseline emission incorrect' and 'Calculation results of baseline emission and ER incorrect', raising material doubt about the reliability of verified credit quantities
• ⚠Contradiction on leakage: the 2023 verification report states leakage was 'quantified' while the 2021 verification report states it was 'not addressed'; the 0% deduction is therefore not robustly supported across the project's verification history
• ⚠Demonstration that the project will not be double-counted in other carbon schemes was not clarified in the verification report, and both CCP status and CORSIA eligibility are unstated
• ⚠Verified ERR of 79,032 tCO₂e (2023 verification) represents only ~43% of the pro-rata ex-ante expectation (~182,900 tCO₂e for the ~4-year elapsed period out of a 10-year project life), suggesting significant under-delivery or period-mismatch in reporting

Credit Vintages