VPA 71 - GHG Emission Reduction through use of Bondhu Chula (Improved Cook Stoves) in Bangladesh
GS-4092 ↗ · current registry ID: GS11768
#163of 1329 in Industrial#29of 121 in Bangladesh#295of 1801 in Gold Standard (GS)
Audit Analysis
A Gold Standard cookstove project in Bangladesh with verified additionality and a quantified 5% leakage deduction, but undermined by the absence of FPIC (per the 2024 verification report), a project-specific baseline, no stated buffer pool, and a long list of corrective actions. The 81-document record is voluminous but contains multiple cross-document contradictions that reduce confidence in data consistency.
Red Flags
- FPIC was not conducted per the 2024 verification report, despite the 2023 validation report stating it was — a direct contradiction on a critical safeguard for a household-level project
- 18+ corrective actions were required across verification and validation, including unresolved questions on stakeholder consultation and grievance mechanism implementation
- Leakage deduction appears as 5% in the 2024 verification report but 0.05% in the 2023 monitoring report — a 100× discrepancy that, while likely a typographical error, signals weak internal QA
- Crediting period is stated as 15 years (2024 monitoring report) versus 5 years (2022 validation report), creating uncertainty about the project's actual commitment horizon
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2022 | 7,825 | 7,825 | 0 | |
| 2023 | 8,439 | 8,309 | 130 | |
| Total | 16,264 | 16,134 | 130 |
Risk Indicators
VVB-confirmed combined test
reversal risk unquantified
5% quantified deduction applied
Project-specific; no reassessment date recorded
Grievance mechanism present; FPIC not conducted
CCP-eligible; CORSIA status not stated
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