VPA 24 - GHG Emission Reduction through use of Bondhu Chula (Improved Cook Stoves) in Bangladesh

Audit Analysis

The Bondhu Chula cookstove project in Bangladesh has a VVB-verified additionality assessment and a quantified 5% leakage deduction, but suffers from a project-specific baseline, no stated buffer pool, and reversal risk that is explicitly not addressed. Data quality issues flagged in the verification report (identical stove counts across consecutive periods, name inconsistencies, missing phone numbers) and the absence of verified usage rates or verified ERR figures create meaningful over-crediting risk. The project is both CORSIA-eligible and CCP-eligible, introducing dual-channel exposure.

Project Description

Red Flags

• ⚠Reversal risk for cookstoves (7-year lifetime per corrective actions) is explicitly 'not addressed' in the verification report, and no buffer pool percentage is stated
• ⚠The verification report (Oct 2023) flags that the number of stoves distributed in MP#5 is identical to MP#4 (183,882), suggesting no new installations and potential over-crediting on a static stock
• ⚠Usage rate assumed at 99% with no verified usage rate available in any document, creating a significant over-crediting risk
• ⚠Multiple data integrity issues: 121 and 91 respondent name inconsistencies between survey forms and ER worksheets, missing mobile numbers, and employment figures not aligned with the undertaking

Credit Vintages