Installation of high efficiency cookstoves in India by AGS Carbon
#36of 150 in Cookstoves#342of 975 in India#404of 1339 in Verra (VCS)#32of 103 in VMR0006
Audit Analysis
A VCS cookstove project in India with solid additionality (combined test confirmed by the VVB) and consistent ERR reporting between claimed and verified figures. However, the absence of a stated buffer pool, a project-specific baseline, and a significant discrepancy in the leakage deduction (0.95% vs 5% across monitoring reports) introduce meaningful integrity and claim-safety concerns. Documentation is reasonably comprehensive with 20 source documents, though extraction confidence is only medium.
Red Flags
- Leakage deduction shows a material discrepancy: 0.95% in the March 2025 monitoring report versus 5% in the November 2024 monitoring report, with no documented explanation for the change
- FPIC status is contradictory: the verification report (Dec 2024) confirms FPIC was conducted, while the monitoring report (Nov 2024) states it was not
- No lifetime ex-ante ERR estimate was found in the extracted record, preventing a proper pro-rata over/under-delivery assessment
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2022 | 1,905 | 0 | 1,905 | |
| 2023 | 12,702 | 0 | 12,702 | |
| Total | 14,607 | 0 | 14,607 |
Risk Indicators
Combined test, VVB-confirmed
reversal risk unquantified
Quantified but contradictory (0.95% vs 5%)
Project-specific; reassessment timing not stated
FPIC and grievance confirmed but FPIC status contradicted across docs
CORSIA and CCP status not stated
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