Longyuan Mulilo De Aar 2 North Wind Energy Facility
#76of 1935 in Renewable energy#1of 59 in South Africa#21of 1339 in Verra (VCS)#51of 1287 in ACM0002
Audit Analysis
A registered VCS wind energy project in South Africa with a solid jurisdictional baseline (ASB0040-2018 grid EF of 0.9871 tCO₂/MWh) and a VVB-confirmed investment additionality test (IRR 8.30% below the 12.98% benchmark). Monitoring via smart meters (class 0.2s, monthly) is appropriate, and the 2023 verified ERR of 490,954 tCO₂ matches the claimed figure. However, low extraction confidence across 24 documents, multiple corrective actions during validation and verification, and unresolved contradictions on FPIC and benefit-sharing temper confidence in the overall record.
Red Flags
- FPIC status is contradictory: the 2024 verification report states FPIC was not conducted, while the 2022 monitoring report indicates it was; the more recent VVB assessment (not conducted) is privileged, leaving a safeguards gap.
- Benefit-sharing description is absent in the most recent (2024) verification report, though it was present in the 2023 report, suggesting a regression in documentation.
- Low extraction confidence across the document set means at least one key document was poorly readable, reducing reliability of the extracted record.
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2017 | 82,365 | 80,942 | 1,423 | |
| 2018 | 447,805 | 311,834 | 135,971 | |
| 2019 | 457,457 | 188,849 | 268,608 | |
| 2020 | 441,208 | 217,666 | 223,542 | |
| 2021 | 465,395 | 175,696 | 289,699 | |
| 2022 | 409,302 | 42,074 | 367,228 | |
| 2023 | 490,000 | 3,941 | 486,059 | |
| Total | 2,793,532 | 1,021,002 | 1,772,530 |
Risk Indicators
VVB-confirmed investment test, IRR below benchmark
Wind displacement – non-permanence N/A
0% deduction, negligible for grid displacement
Jurisdictional ASB0040-2018 grid EF
Grievance present; FPIC contradictory; benefit-sharing regressed
CORSIA and CCP status not stated
Where to buy
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