Saxon EVolve Program – EV Charging System Grouped Project
#790of 1935 in Renewable energy#6of 16 in Malaysia#482of 1339 in Verra (VCS)#5of 15 in VM0038
Audit Analysis
A small-scale (106 tCO₂e lifetime) EV charging project in Malaysia with a VVB-verified investment additionality test and smart-meter monitoring, but limited by the absence of a buffer pool, no verified monitoring data yet, low extraction confidence, and several inter-document contradictions. The project is in its early crediting phase (2024–2031), so the lack of verified ERR is expected, though the documentation gaps and contradictions warrant caution.
Red Flags
- Low extraction confidence across the document set, combined with three inter-document contradictions (benefit sharing, additionality test type, leakage justification), reduces reliability of the extracted record
- Grid emission factor is from 2017; no updated or jurisdictional default factor is cited, which could affect baseline accuracy over the 7-year crediting period
Credit Vintages
No issuances recorded on the registry.
Risk Indicators
VVB-verified investment test
reversal N/A
0% deduction, qualitative justification only
Project-specific; no reassessment date
FPIC and grievance mechanism documented
CORSIA and CCP status not stated
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