Puringla Sazagua Small Scale Hydropower Project

Audit Analysis

The Puringla Sazagua small-scale hydropower project (part of the Guacamaya PoA) carries a critical eligibility defect: the 2022 verification report explicitly states the project is not eligible for Gold Standard certification due to an expired crediting period and a rejected UNFCCC renewal. Additionality was not confirmed by the VVB in the most recent verification, and multiple meter calibration failures and data errors undermine the reliability of the verified emission reductions.

Project Description

Red Flags

• ⚠The 2022 verification report explicitly states: 'The project has an expired crediting period,' 'The renewal request has been rejected by UNFCCC,' and 'Hence this is not eligible for GS certification.'
• ⚠Additionality was NOT verified by the VVB per the 2020 verification report, contradicting the 2014 validation report which had confirmed it.
• ⚠Multiple faulty meters detected during calibration (errors up to 6.408% above threshold) in CPA 0003 and VPA 0003, requiring retroactive adjustments to ER calculations.
• ⚠The project's crediting period (2012–2019) expired before the monitoring period (2019–2020) ended, creating a temporal gap in eligibility.
• ⚠Leakage justification is contradictory: the 2020 verification report describes it as 'quantified' while the 2022 monitoring report describes it as 'deemed negligible,' yet the deduction is 0%.

Credit Vintages

No issuances recorded on the registry.