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ScoredGSEnergy Efficiency - DomesticMongoliaRegistry: RegisteredGeneral Methodologyv2.1

MicroEnergy Credits - Mongolia - Microfinance for Clean Energy Product Lines VER Project - VPA No. 001: XacBank LLC

GS-349 ↗ · current registry ID: GS2435

Worked comparison example (English)

#847of 1536 in Industrial#5of 13 in Mongolia#1201of 2030 in Gold Standard (GS)

Assessment

CarbonMeld document-based assessment

01020304 Overall 4.8 / 10
Integrity 🔒 Transparency 🔒 Claim Safety 🔒 Documentation 🔒
Dimension scores are locked — the faint arcs are empty tracks, not zero scores.

Scale 0–10 · method weights: integrity 35% · transparency 25% · claim safety 25% · documentation 15%.

Scored2026-09-05high confidence

evidence:26/28registry documents analyzed · 5red flags

Generated by CarbonMeld Analysis Pipeline · Methodology · Editorial Policy · About the System
Download Report (PDF)

Analysis

This Gold Standard microfinance-for-clean-stoves project in Mongolia has a VVB-verified combined additionality test and no reversal events, but is burdened by a large volume of material findings and corrective actions spanning multiple reporting cycles. The verified usage rate (0.64) falls well below the assumed rate (0.9), and a 0% leakage deduction is applied despite the presence of traditional stoves, raising over-crediting concerns. The project's data quality issues—missing installation dates, inconsistent sales records, and contradictory FPIC reporting—undermine confidence in the reported emission reductions.

Red Flags

5 red flags detected — Unlock with Premium

Findings

Risk Indicators

Additionality

🔒

Permanence

🔒

Leakage

🔒

Baseline

🔒

Safeguards

🔒

Double-claim

🔒

Risk indicator details are a Premium feature

Score Breakdown

Score factors per dimension are a Premium feature — Unlock with Premium

Detailed Analysis

The detailed per-dimension analysis is a Premium feature — Unlock with Premium

Evidence

Unlock the full analysis

Per-dimension scores, risk indicators, 5 red flags, score factors, detailed analysis, and 28 registry documents (26 analyzed).

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Eligibility & market

What can you claim with this credit?

Four checks buyers ask about, from the registry and the Integrity Council (ICVCM).

  • Airlines (CORSIA)

    No CORSIA label on the registry

    Not usable for airlines' CORSIA obligations.

    Source: registry label

  • Integrity label (ICVCM CCP)

    CCP-labelled credits

    The registry marks these credits with the Core Carbon Principles label of the Integrity Council.

    Source: registry label

  • Removal or reduction

    Emission reduction or avoidance

    Prevents or reduces emissions — fits contribution claims, not SBTi neutralisation.

    Source: registry label

  • Paris Agreement (Article 6)

    Not published

    This registry does not publish Article 6 authorizations.

Information only, from public sources. Claim rules (CORSIA, SBTi, EU rules on green claims) change: check them before making a public claim. Since 27 September 2026, EU consumer rules do not allow “climate neutral” product claims based on offsets.

Registry labels last checked:2026-09-27

Credit Vintages

IssuedRetiredAvailable
2012
25,68225,406276
2013
25,47325,4730
2020
48,2924,76143,531
2021
63,319063,319
2022
58,539058,539
2023
47,707047,707
2024
11,678011,678
Total280,69055,640225,050

Retired by

Organisations named as beneficiaries in the registry's public retirement records.

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Profile & governance

Analysis ProvenanceGeneral Methodologyv2.1
Methodology·Editorial Policy·About the System

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