Hunan Guanbaodu-Liangjiangkou Small-scale Hydropower Bundle Project

Audit Analysis

A small-scale hydropower bundle project in China with a VVB-confirmed barrier additionality test and inherently low permanence risk, but undermined by eleven cross-document contradictions, nine corrective action requests, and a contradictory leakage justification. The 2024 claimed emissions reduction (4,747 tCO₂e) is only about 38% of the pro-rata annual expectation (~12,317 tCO₂e), suggesting under-delivery rather than over-crediting, but the data quality issues raise questions about the reliability of the monitoring record.

Project Description

Red Flags

• ⚠Eleven contradictions across documents, including conflicting baseline method (project vs jurisdictional), leakage justification (not addressed vs deemed negligible), and FPIC status (conducted vs not conducted)
• ⚠Nine corrective action requests (CAR 1–9) and two clarification requests (CL 1–2) in the verification report, covering missing meter data recording methods, inconsistent training opportunity counts, and electricity data deduction errors
• ⚠Leakage deduction of 0% with justification described as 'not addressed' in the most recent verification report (2024-09-13), contradicting an earlier report that stated it was 'deemed negligible'
• ⚠2024 claimed ERR of 4,747 tCO₂e is only ~38% of the pro-rata annual expectation of ~12,317 tCO₂e (86,219 lifetime ÷ 7-year crediting period), indicating significant under-delivery or a data issue

Credit Vintages