VPA 88 - GHG Emission Reduction through use of Bondhu Chula (Improved Cook Stoves) in Bangladesh

Audit Analysis

This Gold Standard cookstove project in Bangladesh has a verified additionality assessment and a quantified 5% leakage deduction, but lacks a buffer pool, did not conduct FPIC (per the 2024 verification report), and carries a project-specific baseline. The extensive list of corrective actions and multiple cross-document contradictions (particularly on FPIC, FNRB method, and safeguards) reduce confidence in the overall data reliability. The project is CCP-eligible, introducing a dual-channel risk that is not fully mitigated in the available documentation.

Project Description

Red Flags

• ⚠FPIC status is contradictory: the 2024 verification report states FPIC was not conducted, while the 2023 validation report states it was — the more recent verification report is privileged, indicating a safeguards gap
• ⚠CCP status is 'eligible' while CORSIA eligibility is not stated, creating an unresolved dual-channel risk for the 523,571 tCO₂e credits
• ⚠20+ corrective actions were required across the verification and validation processes, including unresolved items on stakeholder consultation, grievance mechanism implementation, and double-counting prevention for stove serial numbers
• ⚠The FNRB method is contradictory: the 2024 verification report cites a national default (0.843) while the 2023 validation report cites a local field measurement — the more recent verification report is privileged, but the methodological shift is unexplained

Credit Vintages