Langfang Jinye E-waste recycling and comprehensive utilization project

Audit Analysis

A VCS e-waste recycling project (VMR0008) with VVB-confirmed additionality and no applicable reversal risk, but weakened by a project-specific baseline, a 0% leakage deduction with minimal justification, and a direct contradiction between the monitoring report and the validation report on whether FPIC was conducted. The project over-delivered relative to its pro-rata expectation for the first monitoring period, which is a positive claim-safety signal.

Project Description

Red Flags

• ⚠FPIC contradiction: the monitoring report (Sep 2024) states FPIC was conducted, while the more recent validation report (Nov 2025) states it was not — a material safeguard gap if the validation report is correct
• ⚠Leakage deduction of 0% justified only as 'deemed negligible' with no quantified analysis, despite e-waste recycling projects carrying inherent diversion and substitution leakage risks
• ⚠Nine Corrective Action Requests and three Clarification Requests were raised during verification, indicating notable initial documentation deficiencies (all subsequently closed)

Credit Vintages

No issuances recorded on the registry.