VPA 91 - 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 for its 15-year crediting period and shows a contradiction on whether FPIC was conducted. The extensive list of corrective actions and multiple cross-document inconsistencies (leakage rate, usage rate, crediting period) reduce confidence in the overall data reliability. The project is CCP-eligible, adding a dual-channel risk that is not fully mitigated in the available documentation.

Project Description

Red Flags

• ⚠No buffer pool is stated for a 15-year crediting period on a cookstove project where stove abandonment or replacement is a realistic reversal risk
• ⚠FPIC status is contradictory: the 2024 verification report states it was not conducted, while the 2023 validation report states it was conducted
• ⚠Leakage deduction is inconsistent across documents: 5% in the 2024 verification report versus 0.95% in the 2023 monitoring report
• ⚠Crediting period is inconsistent: 15 years (2021–2036) in the monitoring report versus 5 years (2021–2026) in the validation report
• ⚠Extensive corrective actions (17+ items) remain open, including unresolved questions on stakeholder consultation, grievance mechanism implementation, and double-counting prevention for stove serial numbers

Credit Vintages