Xiping Biogas Recovery and Utilization Project

Audit Analysis

The Xiping Biogas project has a VVB-confirmed additionality assessment and no reported reversal events, but the verification report identifies 12 material findings including missing calculation equations, an incorrect sectoral scope, and incomplete monitoring parameters, along with one CAR and two CLs. The project-specific modeled baseline, absence of a stated buffer pool, and a low extraction confidence across the document set collectively limit confidence in the robustness of the credit claims. The ERR figures for the 2024 monitoring period are internally consistent between the monitoring and verification reports, which is a positive signal.

Project Description

Red Flags

• ⚠12 material findings in the 2024 verification report, including a missing equation for heat generation, incorrect sectoral scope (Scope 1 listed instead of 13 and 15), and missing monitoring parameters in Section 5.2
• ⚠One Corrective Action Request (CAR) and two Corrective Logs (CLs) raised during the verification process, indicating unresolved compliance gaps
• ⚠FPIC status is directly contradicted: the verification report confirms it was conducted while the monitoring report states it was not
• ⚠Leakage justification is described as 'quantified' but no specific deduction percentage appears in the extracted record

Credit Vintages

No issuances recorded on the registry.