Proyecto Mirador Enhanced Distribution of Improved Cookstoves in Latin America - First VPA for Distribution of Dos por Tres Cookstoves in Honduras
GS-1575 ↗ · current registry ID: GS2758
#850of 1329 in Industrial#11of 20 in Honduras#1255of 1801 in Gold Standard (GS)
Audit Analysis
Proyecto Mirador is a Gold Standard cookstove project in Honduras with VVB-verified additionality and a measured baseline, but it is undermined by a dramatic fNRB revision (69% to 32%), a 42% gap between claimed and verified emissions reductions, extensive material findings including double-claiming and thermal-efficiency inconsistencies, and the absence of a stated buffer pool. The project's data reliability is further weakened by eleven cross-document contradictions in key parameters. While safeguards and FPIC are documented, the cumulative effect of these issues places the project in a moderate-risk category.
Red Flags
- fNRB value dropped from 69% (Jan 2025 verification) to 32% (Dec 2025 verification) — a 54% relative reduction that fundamentally alters the emissions-reduction claim
- Claimed ERR of 215,034 tCO2e vs verified 124,527 tCO2e — a 42% gap between the two figures reported in the same verification cycle
- 16% of surveyed households still had a traditional fogón in use alongside the improved cookstove (CAR2), raising co-existence and over-crediting concerns
- Double-claiming risk with other carbon projects identified; 5,661 tCO2e was discounted as a corrective action
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2013 | 13,798 | 13,798 | 0 | |
| 2014 | 193,466 | 193,466 | 0 | |
| 2015 | 229,920 | 229,920 | 0 | |
| 2016 | 276,435 | 276,435 | 0 | |
| 2017 | 297,020 | 296,020 | 1,000 | |
| 2018 | 310,032 | 209,532 | 100,500 | |
| 2019 | 275,083 | 260,918 | 14,165 | |
| 2020 | 268,606 | 268,606 | 0 | |
| 2021 | 276,064 | 267,409 | 8,655 | |
| 2022 | 258,939 | 90,894 | 168,045 | |
| 2023 | 181,050 | 0 | 181,050 | |
| 2024 | 124,527 | 11,886 | 112,641 | |
| Total | 2,704,940 | 2,118,884 | 586,056 |
Risk Indicators
VVB-confirmed investment test (downgraded from combined)
reversal risk unaddressed
0% deduction; contradicts earlier 0.8%; justification inconsistent
Project-specific measured baseline; reassessed 2023
FPIC, grievance mechanism, benefit sharing documented
CCP-eligible; CORSIA status not stated; double-claiming risk identified
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