The CDQ Project in Tranvic Group
GS-366 ↗ · current registry ID: GS2460
#803of 1329 in Industrial#809of 1084 in China#1199of 1801 in Gold Standard (GS)#12of 28 in ACM0012
Audit Analysis
The CDQ Project is a Gold Standard industrial energy-efficiency project in China with confirmed additionality (combined test, VVB-verified in 2025) and reasonable pro-rata delivery (~104% of expectation). However, the project carries significant MRV concerns: a site-visit gap exceeding three years, over twenty corrective actions, an unaddressed leakage assessment in the most recent verification, and a project-specific baseline with no documented reassessment. The low extraction confidence and multiple cross-document contradictions further erode confidence in the data record.
Red Flags
- Site-visit gap exceeded three years, forcing CAR-1 to limit the claim to reductions within three years of the visit — a material MRV weakness
- Leakage deduction of 0% with justification recorded as 'not addressed' in the 2025 verification report, contradicting the 2020 report which stated it was quantified
- Over twenty corrective actions required in the 2025 verification, including inconsistent electricity monitoring data, missing calibration coverage, and incorrect transmission-loss default values
- Grid emission factor dated 2012 (0.7338 tCO₂/MWh) with no evidence of update to a more recent year
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2013 | 76,338 | 76,253 | 85 | |
| 2014 | 90,906 | 60,832 | 30,074 | |
| 2015 | 115,368 | 82,971 | 32,397 | |
| 2016 | 46,071 | 44,971 | 1,100 | |
| 2017 | 40,173 | 40,173 | 0 | |
| 2018 | 154,593 | 149,609 | 4,984 | |
| 2019 | 167,108 | 119,724 | 47,384 | |
| 2020 | 31,089 | 6,621 | 24,468 | |
| Total | 721,646 | 581,154 | 140,492 |
Risk Indicators
Combined test, VVB-confirmed (2025)
no reversal events stated
0% deduction, justification 'not addressed' (2025)
Project-specific; no reassessment date found
Grievance & benefit-sharing present; FPIC not conducted
CORSIA and CCP status not stated
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