Hunan Anfu PP Recycling Project
#459of 1084 in China#532of 1339 in Verra (VCS)#17of 72 in AMS-II.I
Audit Analysis
The Hunan Anfu PP Recycling Project is a VCS-registered waste recycling project with a confirmed investment-test additionality and an avoidance-based permanence profile, but it carries five corrective action requests related to data inconsistencies in the ER calculation and IRR, a 0% leakage deduction with contradictory justifications across documents, and a project-specific baseline. The verified emissions reductions for the monitoring period represent only about 34% of the pro-rata ex-ante expectation, indicating conservative crediting but also questioning the accuracy of the original estimate.
Red Flags
- Five corrective action requests in the verification report, including incorrect Wi values in the ER calculation and monitored consumption inconsistent with meter records, indicating data quality issues in the credit calculation
- Leakage justification is contradictory: the monitoring report states 'quantified' while the validation report states 'deemed negligible,' yet the deduction is 0% in both cases
- No FPIC, grievance mechanism, or safeguards documentation confirmed in the verification report (the most recent and authoritative document)
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 5,639 | 4,512 | 1,127 | |
| Total | 5,639 | 4,512 | 1,127 |
Risk Indicators
VVB-confirmed investment test
mixed evidence / unresolved risk
0% deduction with contradictory justification
Project-specific, no reassessment date stated
No FPIC, grievance mechanism, or safeguards confirmed
CORSIA-ineligible, CCP status not stated
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