ONIL Stoves Guatemala Uspantan

Audit Analysis

The ONIL Stoves Guatemala Uspantán project is a VCS-registered cookstove avoidance project with VVB-confirmed additionality, a quantified 5% leakage deduction, and no reported reversal events. However, significant contradictions in verified and claimed emission reduction figures across documents, a usage-rate discrepancy within monitoring reports, and the absence of a stated buffer pool for an avoidance project create material uncertainty around the reliability of the credit quantities. The project's safeguards documentation (FPIC, grievance mechanism) was confirmed in the 2024 verification report, and all corrective actions were closed.

Project Description

Red Flags

• ⚠The verification report (2024-12-18) contains two different claimed ERR values — 32,021 and 193,352 — within the same document, creating serious ambiguity about the actual credit quantity
• ⚠The issuance record (2025-02-06) shows 173,300 verified ERR while the verification report (2024-12-18) shows only 32,021, a 5.4× discrepancy that cannot be reconciled from the available data
• ⚠No buffer pool percentage is stated in any available document for this avoidance project, leaving reversal risk unquantified
• ⚠Usage rate verified as 0.6 in one monitoring report (2024-12-09) and 0.9763 in another (2024-12-17), an 8-day gap with a 63% swing that undermines confidence in the MRV data

Credit Vintages