VPA 47 - GHG Emission Reduction through use of Bondhu Chula (Improved Cook Stoves) in Bangladesh

Audit Analysis

A Gold Standard improved cookstove project in Bangladesh with VVB-confirmed additionality and a quantified 5% leakage deduction, but significant gaps in permanence security (no buffer pool stated) and multiple contradictions across documents on key parameters such as the FNRB value, ERR figures, and crediting period. The project is delivering at or above its pro-rata expectation, but the absence of a buffer pool and the project-specific baseline limit confidence in long-term integrity.

Project Description

Red Flags

• ⚠FNRB value contradicts between the verification report (0.843) and the validation report (0.39) — a 2.2× discrepancy that materially affects emission calculations
• ⚠Crediting period differs between the validation report (5 years, 2021–2026) and the monitoring report (15 years, 2021–2036), creating uncertainty about the project's actual duration
• ⚠The verified ERR of 352,957 tCO2e for a 1.5-month monitoring period is roughly 20× the pro-rata expectation of ~17,646 tCO2e derived from the 2,117,525 tCO2e lifetime estimate, raising over-crediting concerns unless the figure is cumulative since inception

Credit Vintages