Tokat Landfill Gas to Electricty Project

Audit Analysis

The Tokat Landfill Gas to Electricity Project is a Gold Standard biogas project with confirmed additionality and no reported reversal events, but it is undermined by a high volume of corrective actions (24 items), multiple cross-document contradictions on leakage treatment, baseline methodology, and ERR figures, and the absence of a buffer pool or stated permanence mechanism. The project over-delivered relative to its ex-ante estimates (approximately 162% of the pro-rata expectation for the elapsed monitoring period), which is a positive signal of conservative assumptions, yet the 0% leakage deduction rests on a justification that is contradicted by the earlier monitoring report.

Project Description

Red Flags

• ⚠24 corrective actions were required by the VVB, including substantive issues such as incomplete monitoring report sections, missing calibration certificates, and contradictions in crediting period dates across documents
• ⚠Leakage deduction is 0% with a 'quantified' justification in the 2026 verification report, but the 2020 monitoring report indicates leakage was 'not addressed' — a direct contradiction on a material parameter
• ⚠Baseline methodology is described as 'measured' in the 2020 monitoring report but 'modeled' in the 2022 PDD, creating uncertainty about the actual baseline construction
• ⚠No buffer pool percentage or permanence claim is stated in any available document, leaving reversal risk unquantified
• ⚠FPIC was not conducted, and safeguards documentation is inconsistent between the verification report (present) and the monitoring report (absent)

Credit Vintages