VPA 95- GHG Emission Reduction through use of Bondhu Chula (Improved Cook Stoves) in Bangladesh
GS-3799 ↗ · current registry ID: GS11842
#40of 1329 in Industrial#6of 121 in Bangladesh#113of 1801 in Gold Standard (GS)
Audit Analysis
A Gold Standard cookstove VPA in Bangladesh with a verified combined additionality test and quantified 5% leakage deduction, but lacking a buffer pool for its 15-year crediting period and showing FPIC not conducted per the most recent verification report. The project delivered conservative usage rates (verified 0.9833 vs. assumed 0.90), yet the extensive list of corrective actions and ten inter-document contradictions raise questions about internal consistency and data reliability.
Red Flags
- FPIC recorded as not conducted in the 2024 verification report, contradicting the 2023 validation report which recorded it as conducted
- Ten contradictions across documents, including conflicting FNRB methods (national default vs. local field), leakage deduction values (5% vs. 0.95%), and crediting period lengths (15 years vs. 5 years)
- Extensive corrective action list (17+ items) including unverified stove efficiency claims, missing ownership-transfer evidence, and absent serial-number tracking to prevent double counting
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2022 | 5,356 | 5,356 | 0 | |
| 2023 | 8,441 | 0 | 8,441 | |
| Total | 13,797 | 5,356 | 8,441 |
Risk Indicators
Combined test VVB-confirmed
15-yr period
5% quantified deduction
Project-specific; no reassessment date
Grievance present; FPIC not conducted
CCP eligible; CORSIA not stated
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