Safe Drinking Water Programme in Punjab, Pakistan
#5of 108 in Water#2of 9 in Pakistan#63of 1339 in Verra (VCS)#3of 72 in AMS-II.I
Audit Analysis
A VCS-registered safe drinking water project in Punjab, Pakistan serving 77,000 beneficiaries across three districts, with a VVB-confirmed investment additionality test, a 5% quantified leakage deduction, and no material findings. Key concerns include a project-specific baseline, an unconfirmed buffer pool, and a discrepancy between two PDD versions on the total ERR figure (314,450 vs 366,153 tCO₂e). The project is broadly sound but carries moderate uncertainty on permanence and baseline robustness.
Red Flags
- Two PDD versions report different total ERR figures (366,153 in the July 2024 PDD vs 314,450 in the March 2025 PDD); the verification report confirms 314,450, but the initial over-estimate raises a question about the robustness of the ex-ante calculation.
- FNRB value differs between documents: the verification report (April 2025) uses 0.79 (national default) while the earlier PDD (July 2024) used 1.0; the lower value is privileged but the inconsistency warrants attention.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2023 | 150,000 | 0 | 150,000 | |
| 2024 | 29,450 | 0 | 29,450 | |
| Total | 179,450 | 0 | 179,450 |
Risk Indicators
VVB-confirmed investment test
reversal risk unquantified
5% quantified deduction
Project-specific; reassessment not yet due
FPIC, grievance mechanism, safeguards documented
CORSIA and CCP status not stated
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