Hengyang Peike Animal Manure Composting Project

Audit Analysis

The Hengyang Peike Animal Manure Composting Project is a VCS-registered waste-handling project with a verified investment-test additionality and a project-specific baseline. The first monitoring period delivered roughly 94% of the pro-rata ex-ante expectation, indicating no material over-crediting. However, a 0% leakage deduction supported by contradictory justifications across documents, the absence of a stated buffer pool, and eleven material findings (all corrected) temper confidence in the project's robustness.

Project Description

Red Flags

• ⚠Leakage deduction is 0% yet the monitoring report describes the justification as 'quantified' while the validation report calls it 'deemed negligible' — the two documents disagree on the basis of the zero deduction.
• ⚠Eleven material findings were raised during validation/verification, including an initially missing IRR sheet, an incorrect GWP source (AR6 instead of AR5), and duck manure being included in claims without a farm agreement; all were corrected but the volume signals weak initial documentation.
• ⚠No buffer pool percentage is stated in any available document, leaving the permanence safeguard unquantified even though the project type carries low reversal risk.

Credit Vintages