Promotion of EV Infrastructure and Emission Reduction for Sustainable transport by Continuum Research and PersistentClimate
#743of 975 in India#964of 1339 in Verra (VCS)#9of 16 in AMS-III.C
Audit Analysis
This Indian EV-charging infrastructure project under VCS has a verified first monitoring period of 1,284.51 tCO₂e, but the verification report flagged nine material findings including serious questions about additionality in a market with existing government and private EV infrastructure, unverified data sources, and inadequate double-counting safeguards. The PDD's lifetime estimate of 600,000 tCO₂e contrasts sharply with the ~2,000 tCO₂e claimed in the first 21 months, raising over-crediting concerns. Six corrective actions remain open, and the 0% leakage deduction lacks a documented justification.
Red Flags
- Nine material findings in the verification report, including additionality questioned due to existing government and private EV charging infrastructure in India and a booming EV market with government grants
- PDD lifetime estimate of 600,000 tCO₂e versus only 2,061 tCO₂e claimed (1,284.51 verified) in the first ~21 months — the project delivered roughly 1–2% of the pro-rata expectation, suggesting the ex-ante baseline was highly optimistic
- Leakage deduction of 0% with justification recorded as 'not addressed' in the later monitoring report (2025-06-18), despite an earlier version (2025-06-04) stating it was 'quantified'
- Double-counting safeguards against CDM AMS-III-C overlap were not adequately described, and the VVB raised this as a material finding
- Monitored parameters (AFEC, MPG) relied on unverified data sources per the verification report
Credit Vintages
No issuances recorded on the registry.
Risk Indicators
VVB-confirmed but seriously questioned
Non-AFOLU, no reversal risk
0% deduction, justification not addressed
Project-specific, no reassessment date
FPIC and grievance present, double-counting safeguards weak
CORSIA/CCP not stated, CDM overlap flagged
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