Masaka - Locally made cookstoves in Madagascar

Audit Analysis

The Masaka cookstove project in Madagascar has a VVB-confirmed investment additionality test and a quantified 5% leakage deduction, but is hampered by a project-specific baseline, the absence of any monitoring or usage-verification data, and a validation report carrying 12 material findings including an internal inconsistency in GHG reduction estimates. The project is in its early crediting phase (started October 2023), so the lack of verified emissions data is expected, yet the volume of unresolved documentation gaps and corrective actions limits confidence in the claimed 372,652 tCO₂e lifetime figure.

Project Description

Red Flags

• ⚠Material finding CAR 10 reports an inconsistency in estimated GHG emission reductions between Table 1 and Section 4.4 of the validation report, undermining confidence in the 372,652 tCO₂e lifetime claim.
• ⚠No buffer pool percentage is stated in any available document, leaving permanence risk for cookstove abandonment or fuel reversion unquantified.
• ⚠Nine corrective actions remain open, including missing benefit-permanence plan, missing end-user relocation monitoring, and missing site-inspection details, indicating the validation was not fully clean.
• ⚠No usage-monitoring method, verified usage rate, or end-use tracking is documented, making it impossible to confirm that distributed cookstoves are actually displacing fuelwood.

Credit Vintages

No issuances recorded on the registry.