VPA 87 - 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 weakened by the absence of a buffer pool, non-conducted FPIC, a project-specific baseline, and a large volume of corrective actions and inter-document contradictions. The conservative usage-rate assumption (0.90 assumed vs 0.9833 verified) and national-default FNRB provide some claim safety, though the 28-year PoA duration and CCP eligibility introduce residual over-crediting and dual-channel risks.

Project Description

Red Flags

• ⚠PoA duration of 28 years exceeds the Gold Standard 20-year maximum; the project relies on transition rules to justify the extension (CAR 02 in the verification report).
• ⚠FPIC was not conducted per the 2024 verification report, contradicting the 2023 validation report which recorded it as completed — a material safeguards gap for a household-level project.
• ⚠18+ corrective actions were required across the verification and validation processes, including misaligned emission-reduction figures between the monitoring report and the ER spreadsheet.
• ⚠CCP status is 'eligible' while CORSIA eligibility is not stated, creating potential dual-channel credit use without a clear exclusion.

Credit Vintages