Implementation of clean energy technology in rural areas of India-1

Audit Analysis

A Gold Standard biogas project in rural India with a VVB-confirmed combined additionality test and a quantified 5% leakage deduction, but weakened by a project-specific baseline, absence of a buffer pool, and a significant usage-rate contradiction between the 2020 monitoring report and the 2023 verification report. The project over-delivered relative to its pro-rata ex-ante expectation (127%), which is reassuring, yet CORSIA eligibility and an unmentioned CCP status introduce dual-channel risk.

Project Description

Red Flags

• ⚠Usage-rate contradiction: the 2020 monitoring report records a verified usage rate of 100 (presumably 100%), while the 2023 verification report records 0.073 (7.3%) — a 1,370-fold discrepancy that undermines confidence in the underlying emissions calculation.
• ⚠CORSIA eligibility is confirmed while CCP status is not mentioned in any available document, creating an unresolved dual-channel / double-claiming risk.
• ⚠Buffer pool percentage is not stated in any document and reversal events are explicitly not addressed, leaving permanence risk unquantified.
• ⚠FNRB method is reported as 'national_default' in the 2025 verification report but 'local_field' in the 2023 verification report, indicating a possible change in calculation basis that is not clearly documented.

Credit Vintages