RIDI Grouped Hydro Solar Power Project in Nepal
Score Breakdown
Integrity
verified additionality confirmed by the VVB via an investment test (verification report, 2025-07-18)
missing no buffer pool percentage stated and baseline reassessment timing not found — increases reversal and baseline risk
Transparency
verified named VVB (TÜV SÜD South Asia) and monitoring period provided (2021-08-22 — 2023-05-31) in the verification report
inferred uncertain: some evidence documents are listed as 'unknown' and extraction confidence is medium, reducing traceability
Claim Safety
missing verified ERs (18,234) are substantially lower than claimed ERs (24,279) in the verification report — risk of over-crediting or reporting errors
inferred uncertain leakage treatment: the verification documentation contains contradictory leakage statements, undermining claim reliability
Documentation
verified recent verification report available (2025-07-18) and 12 documents extracted overall
inferred medium extraction confidence and at least one evidence doc labeled 'unknown', which weakens documentary completeness
Detailed Analysis
Integrity
Additionality is confirmed by the VVB using an investment test as stated in the verification report (2025-07-18), which supports the project's additionality. However, the project uses a project-specific baseline (AMS I.D. methodology, version 18) without a stated recent reassessment of the baseline, and no buffer pool percentage or reversal treatment is provided in the extracted record. The contradiction and lack of explicit leakage deduction further reduce confidence in baseline/leakage robustness, so integrity is moderate.
Transparency
The verification report names the VVB (TÜV SÜD South Asia) and provides a clear monitoring period (2021-08-22 — 2023-05-31) and crediting period, and 12 documents were used. However, at least one evidence document is listed as 'unknown' and the minimum extraction confidence is medium, which lowers traceability. Registry is VCS and key ER figures (claimed vs verified) are reported, which is positive for transparency.
Claim Safety
Claim safety is weak because verified emissions reductions (18,234) are materially lower than the claimed amount (24,279) in the verification materials, indicating potential over-claiming or reporting inconsistency. Leakage justification is recorded as contradictory in the extracted facts: one entry says leakage was 'not addressed' while another says 'deemed negligible' within verification-report sources dated 2025-07-10. Conservatively privileging the more cautious interpretation (leakage not addressed) reduces claim safety further. CORSIA/CCP status is not stated, preventing assessment of double-claim risk.
Documentation
A recent verification report (2025-07-18) and a named independent VVB provide good documentary backbone; benefit-sharing, FPIC and grievance mechanism are documented. Nonetheless, several fields are not stated (baseline reassessment, buffer pool %, grid EF), at least one evidence doc is unknown, and extraction confidence is medium. Overall documentation is adequate but has important gaps.
Audit Analysis
The project shows some positive governance features (VVB-reviewed additionality, FPIC and grievance mechanism) but has notable weaknesses: a large discrepancy between ERs claimed and verified, an unresolved/contradictory leakage treatment, and gaps around baseline reassessment and buffer/reversal management. Overall quality is moderate-low and would benefit from clarifications and remediation.
Project Description
Proponent: RIDI POWER COMPANY LIMITED Protocol categories: Energy industries (renewable/non-renewable sources) Protocols: AMS-I.D. Estimated annual GHG reductions: 38598 tCO2e Region: Asia Registration date: 2025-07-23
Red Flags
- Large discrepancy between ERs claimed (24,279) and ERs verified (18,234)
- Contradictory statements on leakage justification in the verification record; conservative interpretation is that leakage was not addressed
Credit Vintages
Nessuna emissione registrata sul registro.
Cosa migliorerebbe questo punteggio
- Resolve the leakage contradiction in official documents and, if leakage is negligible, provide a clear justification and any quantitative analysis; if not, apply an appropriate leakage deduction.
- Reconcile the discrepancy between ERs claimed and ERs verified (24,279 claimed vs 18,234 verified) and publish corrected issuance/claiming records; disclose buffer/reversal measures and baseline reassessment timing.
Questi suggerimenti indicano quali prove pubbliche aggiuntive potrebbero migliorare il livello di confidenza di questa valutazione. Non garantiscono un punteggio futuro più alto.
Risk Indicators
VVB-confirmed
no buffer/reversal details
not addressed / contradictory
project baseline (no reassessment stated)
FPIC & grievance present
CORSIA/CCP status unknown
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