Installation of high efficiency wood burning cookstoves in Malawi – Project 3
#77of 150 in Cookstoves#50of 92 in Malawi#794of 1339 in Verra (VCS)#56of 103 in VMR0006
Audit Analysis
A VCS cookstove project in Malawi with a verified combined additionality test and no reversal events, but undermined by a material finding of 9,490 excess VCUs issued, a project-specific baseline, an unaddressed buffer pool, and five cross-document contradictions on key parameters. The corrective cancellation mitigates the over-crediting event, but the pattern of inconsistencies across the verification and monitoring reports raises reliability concerns.
Red Flags
- Material finding in the verification report: 9,490 VCUs were issued in excess of the correct amount; proponent compensated via cancellation, but the process failure is a significant integrity concern.
- Five contradictions across documents on ERR figures, additionality test type, leakage justification, and FNRB method, indicating inconsistent reporting between the PDD, monitoring reports, and verification report.
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2022 | 45,551 | 12,356 | 33,195 | |
| 2023 | 28,009 | 0 | 28,009 | |
| Total | 73,560 | 12,356 | 61,204 |
Risk Indicators
Combined test, VVB-verified
mixed evidence / unresolved risk
5% deducted, justification inconsistent
Project-specific, not yet due for reassessment
FPIC, grievance mechanism, safeguards documented
CORSIA and CCP status not stated
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