Production and sale of efficient cookstoves in the urban areas of Maputo Province

Audit Analysis

This Gold Standard cookstove project in Mozambique has a sound design foundation with VVB-confirmed additionality, a quantified 2% leakage deduction, and survey-based usage monitoring. However, the project record is undermined by an extensive list of material findings and corrective actions (over 50 items combined), a significant fNRB value discrepancy between verification reports (0.38 vs 86.0), and a 24% downward revision of verified credits due to a calculation error caught during verification. The volume of documentation errors and inter-document contradictions substantially erodes confidence in the credit figures.

Project Description

Red Flags

• ⚠fNRB value discrepancy of over 200× between the 2024 verification report (86.0) and the 2026 verification report (0.38) raises serious questions about parameter consistency and calculation reliability
• ⚠Over 50 material findings and corrective actions identified across documents, including a 24% downward revision of verified credits (133,049 → 101,450 tCO2e) due to a calculation error in project emissions for July–August 2024
• ⚠Ex-ante lifetime ERR estimate reduced by ~65% between the 2023 PDD (562,185 tCO2e) and the 2026 PDD (199,206.1 tCO2e), indicating significant re-scoping or methodological change
• ⚠CORSIA eligibility and CCP status both not stated in the extracted record, leaving dual-channel risk unassessed

Credit Vintages