Hengyang New Hope Swine Farm AWMS GHG Mitigation project
#634of 1084 in China#713of 1339 in Verra (VCS)#32of 66 in ACM0010
Audit Analysis
A VCS-registered anaerobic waste management project at a Chinese swine farm with a VVB-confirmed investment additionality test and established methodology (ACM0010 v08.0), but significant gaps in permanence treatment, a weakly justified 0% leakage deduction, and no monitoring data available to verify ex-ante claims. The validation report identified and resolved eight material findings, but the project-specific modeled baseline and absence of a buffer pool leave moderate residual risk.
Red Flags
- Eight material findings and eight corrective actions were raised during validation, including an incorrectly applied MCF value (dry vs. moist), incomplete N2O emission calculations, and an unjustified LEstorage=0 assumption for the full project life
- Leakage deduction is 0% with a 'deemed negligible' justification, yet the PDD (June 2025) initially described leakage as 'quantified' — the contradiction is unresolved in the record
- Reversal/permanence risk is explicitly 'not addressed' and no buffer pool percentage is stated, despite a 10-year crediting period
- No monitoring report or monitoring period data is available; the project has been in its crediting period since January 2023 but only validation-stage data exists
- Minimum extraction confidence is rated 'low', indicating at least one key document was poorly readable
Credit Vintages
No issuances recorded on the registry.
Risk Indicators
VVB-confirmed investment test
mixed evidence / unresolved risk
0% deduction, contradictory justification
Project-specific, modeled, no reassessment date
FPIC and grievance mechanism documented
CORSIA and CCP status not stated
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