Sibel WPP

Audit Analysis

The Sibel WPP is a Gold Standard wind project in Turkey with VVB-confirmed additionality and a jurisdictional baseline, but is undermined by a high volume of corrective actions (20 CARs/CLs), contradictory ERR figures between the monitoring and verification reports, and a low extraction confidence rating. The project's inherent low-risk profile as an avoidance-type wind installation is partially offset by documentation inconsistencies and a weakly justified 0% leakage deduction.

Project Description

Red Flags

• ⚠20 corrective actions and clarifications (CARs/CLs) were required during verification, including inconsistencies in turbine specifications, plant load factor, employment records, and environmental parameters — indicating significant data-quality issues in the project documentation.
• ⚠The monitoring report (Dec 2025) claims 148,204 tCO2e while the verification report (May 2025) verifies 276,630 tCO2e for what appears to be overlapping periods — a 86% discrepancy that is unexplained in the available documents.
• ⚠Leakage justification is contradictory: the verification report states leakage was 'not addressed' while the monitoring report claims it was 'deemed negligible,' with a 0% deduction applied in both cases.
• ⚠Low extraction confidence across the document set, meaning at least one key document was poorly readable, reducing reliability of the extracted data.

Credit Vintages