Reducing Gas Leakages within North West and other sub-areas of the Titas Gas Distribution Network in Bangladesh

Audit Analysis

A VCS gas-leakage reduction project in Bangladesh with a solid VVB-verified additionality assessment and a measured project-specific baseline, but significant gaps in safeguards documentation, leakage justification, and permanence provisions. The most recent verification report (December 2025) raises concerns about unaddressed leakage, absent grievance mechanisms, and no FPIC, while also flagging data-quality issues in monitoring equipment. The project is not CORSIA-eligible, reducing dual-channel risk, but the absence of a buffer pool and a lifetime ex-ante ERR figure limits confidence in long-term claim integrity.

Project Description

Red Flags

• ⚠Leakage deduction of 0% with justification recorded as 'not addressed' in the most recent verification report (Dec 2025), despite the earlier report (May 2024) stating it was 'deemed negligible' — the justification has regressed
• ⚠No FPIC conducted, no grievance mechanism in place, and safeguards not mentioned in the most recent verification report — a significant social-compliance gap for a VCS project
• ⚠8 Corrective Action Requests raised during verification, including unclarified waste management from leak-repair activities and a discrepancy in cumulative SDG contribution values
• ⚠Corrupted Hi-Flow Sampler records and date-formatting errors required manual correction, indicating data-quality vulnerabilities in the MRV chain

Credit Vintages