SMG - LED Light Program 1
#31of 975 in India#12of 1339 in Verra (VCS)#17of 806 in AMS-I.D
Audit Analysis
A straightforward LED light distribution program in India with well-confirmed additionality (investment test verified by Applus+ Certification) and consistent monitoring data showing 90% of pro-rata expected emissions reductions delivered. Main concerns are the project-specific baseline, absence of a stated buffer pool, and minor documentation inconsistencies between the issuance record and the more recent verification report.
Red Flags
- Baseline is project-specific rather than jurisdictional, increasing sensitivity to baseline assumptions
- Leakage deduction of 0% justified only as 'deemed negligible' without a quantified analysis in the validation report
Credit Vintages
No issuances recorded on the registry.
Risk Indicators
Investment test VVB-confirmed
low inherent reversal risk
0% deduction, qualitative justification only
Project-specific; not yet due for reassessment
FPIC, grievance mechanism, benefit sharing confirmed
CORSIA excluded; CCP not stated
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