MicroEnergy Credits – Microfinance for Solar Lamps in Kenya
#112of 157 in Kenya#1007of 1339 in Verra (VCS)#40of 72 in AMS-II.I
Audit Analysis
This VCS solar-lamp microfinance project in Kenya has a VVB-verified additionality assessment and a renewable energy source, but is undermined by an extensive list of material findings (27+ corrective actions), contradictory data across documents (FPIC status, leakage justification, usage rates), and a verified emission reduction that is roughly double the pro-rata expectation without a satisfactory explanation. The project's integrity and claim safety are materially weakened by these issues.
Red Flags
- Potential overlapping of project locations with other projects by the same proponent (IDs 2835, 2836, 2837) flagged in the verification report
- Verified ERR of 113,593 tCO2e is approximately 198% of the pro-rata expectation (~57,457 tCO2e) for the 2024 monitoring period, with the VVB noting an 'unjustifiable explanation for ex-ante vs ex-post difference'
- FPIC status directly contradicted: the 2025 verification report states FPIC was conducted, while the 2025 monitoring report states it was not
- Reversal/non-permanence risk explicitly 'not addressed' by the project proponent, and no buffer pool percentage is stated in available documents
- Usage rate assumed (3.5) and verified (1) figures are irreconcilable across documents, with a third value of 100 appearing in the validation report
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 11,471 | 0 | 11,471 | |
| 2022 | 44,536 | 0 | 44,536 | |
| 2023 | 78,952 | 0 | 78,952 | |
| 2024 | 60,000 | 0 | 60,000 | |
| Total | 194,959 | 0 | 194,959 |
Risk Indicators
VVB-confirmed combined test
Reversal risk not addressed
0% deduction; justification inconsistent across documents
Project-specific; no reassessment date recorded
FPIC contradicted; grievance procedure missing in MR
CORSIA and CCP status not stated
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