Jiro Kanto rural hydro-electricity in Alaotra-Mangoro

Audit Analysis

A small-scale rural hydro project in Madagascar with VVB-confirmed additionality and no reported reversals, but significant documentation and transparency gaps including low extraction confidence, a project-specific baseline, an unquantified leakage justification, and material findings around household-count inconsistencies. The exact match between claimed and verified ERR figures, combined with the absence of a stated monitoring period, limits the ability to assess actual delivery against expectations.

Project Description

Red Flags

• ⚠Material finding (CAR #01) reports an inconsistency in total household count between the PDD and the ERR sheet, undermining baseline reliability
• ⚠Minimum extraction confidence is rated low, indicating at least one key document was poorly readable or incomplete
• ⚠An 'unknown' document type appears in the evidence list, suggesting a source document could not be identified or classified
• ⚠Buffer pool percentage is not stated in any available document, leaving permanence risk unquantified
• ⚠Leakage deduction is 0% with only a 'deemed negligible' justification and no quantified analysis

Credit Vintages

No issuances recorded on the registry.