Soubre Hydropower Project
#1281of 1935 in Renewable energy#883of 1339 in Verra (VCS)#995of 1287 in ACM0002
Audit Analysis
The Soubre Hydropower Project is a large-scale renewable energy project in Côte d'Ivoire with a fundamentally sound claim of displacing grid electricity. However, the project is undermined by a 23% exceedance of ex-ante emission reduction estimates, multiple unresolved corrective actions related to meter calibration, and significant contradictions between the verification and monitoring reports on additionality test type, baseline method, and ERR figures. The low extraction confidence and numerous incomplete documentation sections further erode confidence in the data quality.
Red Flags
- Ex-post power generation and emission reductions exceed ex-ante estimates by 23%, flagged as a finding requiring VVB assessment but not yet resolved
- Contradiction between verification report (investment test) and monitoring report (combined test) on additionality methodology
- Contradiction between verification report (project-specific baseline) and monitoring report (jurisdictional baseline) on baseline method
- ERR figures differ between the verification report (912,224 tCO2e) and the monitoring report (1,300,333 tCO2e), with unclear period attribution
- Multiple incomplete PDD sections (Sections 1.10, 1.12.2, 1.12.3, 1.12.4) and missing legal declarations (non-rejection, non-claim) identified as CARs
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2017 | 376,967 | 31,802 | 345,165 | |
| 2018 | 787,269 | 149,236 | 638,033 | |
| 2019 | 959,446 | 43,482 | 915,964 | |
| 2020 | 884,101 | 60,263 | 823,838 | |
| 2021 | 691,737 | 119,187 | 572,550 | |
| 2022 | 818,203 | 0 | 818,203 | |
| 2023 | 449,676 | 0 | 449,676 | |
| Total | 4,967,399 | 403,970 | 4,563,429 |
Risk Indicators
VVB-confirmed investment test
Avoidance project, no reversal events
0% with reasonable justification for displacement
Project-specific baseline, reassessment timing not stated
FPIC, grievance mechanism, and safeguards documented
CORSIA and CCP status not stated
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