Safe Water Programme – Nigeria - VPA 75

Audit Analysis

The Safe Water Programme in Nigeria has a VVB-verified additionality assessment and no reported reversal events, but suffers from a project-specific baseline, a 0% leakage deduction with contradictory justifications across documents, and a complete absence of verified emission reduction figures. Five inter-document contradictions and a corrective action on safeguarding documentation further erode confidence in the project's data integrity.

Project Description

Red Flags

• ⚠Total verified ERR is not stated in any available document, making it impossible to confirm whether the 290,960 claimed reductions were actually achieved during the December 2024 monitoring period.
• ⚠Leakage justification is contradictory: the PDD (June 2023) states leakage was 'quantified' while another document (April 2024) describes it as 'deemed negligible,' yet the deduction applied is 0%.
• ⚠FNRB value shows a 100-fold discrepancy between the validation report (82.3) and an unidentified document (0.82), raising serious questions about unit consistency or data entry error.
• ⚠CORSIA eligibility is confirmed while CCP status is not stated, creating an unresolved dual-channel risk for the credits.
• ⚠A corrective action was issued requiring the project to update its Safeguarding Principles Assessment, indicating the safeguard documentation was non-compliant at verification.

Credit Vintages