MSA-1 Hydropower Plant
#229of 1935 in Renewable energy#4of 31 in Chile#100of 1339 in Verra (VCS)#82of 806 in AMS-I.D
Audit Analysis
The MSA-1 Hydropower Plant is a grid-connected renewable energy project in Chile with a sound core methodology (VVB-verified investment test additionality, jurisdictional baseline, appropriately negligible leakage). However, documentation gaps around safeguards (no FPIC or grievance mechanism recorded), a baseline-method contradiction between the validation and monitoring reports, and four outstanding corrective actions on report completeness temper the overall assessment. The project is under-delivering relative to its pro-rata ex-ante expectation, which is conservative from a claim-safety standpoint.
Red Flags
- Baseline method is characterised as 'jurisdictional' in the 2023 monitoring report but as 'project' in the 2020 validation report — the discrepancy is unresolved in the extracted record.
- No free, prior and informed consent (FPIC) or grievance mechanism is documented in any available source, despite safeguards being broadly mentioned.
- Four corrective actions remain open, all relating to missing sections in the monitoring and verification reports (emission-trading disclosure, socio-economic impacts, communications mechanism, SD contributions).
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2018 | 10,063 | 1,966 | 8,097 | |
| 2019 | 8,070 | 5,606 | 2,464 | |
| 2020 | 2,086 | 2,086 | 0 | |
| 2021 | 6,901 | 6,901 | 0 | |
| 2022 | 9,417 | 9,417 | 0 | |
| 2023 | 5,491 | 5,491 | 0 | |
| Total | 42,028 | 31,467 | 10,561 |
Risk Indicators
VVB-verified investment test
mixed evidence / unresolved risk
0 % deduction, justified as negligible
Jurisdictional per monitoring report; contradicted by validation report
Mentioned but no FPIC or grievance mechanism documented
CORSIA and CCP status not stated
⚑ Dispute this rating
Are you the project owner?
Metadata correction (free)
Name, country, marketplace or links incorrect? Let us know.
Does not modify the score.
[email protected] →Pipeline re-run with new documents
Have updated documentation not yet included? You can request a new run of the pipeline with the new inputs.
Submit Documents →Share this rating
