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CarbonMeld CarbonMeld Carbon Observatory
Re-assessment pendingVCSEnergy industries (renewable/non-renewable sources)RwandaRegistry: RegisteredAMS-I.D

Giciye III Hydropower Project in Rwanda

Developer: B.B. Energy (Asia) Pte Ltd

Methodology: AMS-I.D (CDM)

VCS-3720 ↗

#3301of 4744 in Renewable energy#64of 147 in Rwanda#1160of 1615 in Verra (VCS)#1212of 1920 in AMS-I.D

Score from methodology v2.1 (analysis of 2 Sep 2026). Re-assessment under v2.2 pending.

Assessment

CarbonMeld document-based assessment

01020304 Overall 5.1 / 10 Dimension scores are locked — the faint arcs are empty tracks, not zero scores.

Scale 0–10 · method weights: integrity 35% · transparency 25% · claim safety 25% · documentation 15%.

Re-assessment pending · v2.1

How this analysis was made

Our method
CarbonMeld methodology v2.1 · analysed on 2 Sep 2026 · 16/18 registry documents analyzed · re-assessment under v2.2 pending

Analysis

The Giciye III Hydropower Project is a registered VCS renewable energy project with confirmed additionality and a named VVB, but it carries a significant unresolved capacity discrepancy (7.2 MW in the PPA versus 9.8 MW in the project description) that raises material over-crediting risk. Multiple corrective actions remain open, leakage is deducted at 0% without a clear justification in the verification report, and the baseline method is inconsistently described across documents. The project's avoidance-based nature limits reversal risk, but the combination of the capacity gap, unaddressed leakage, and project-specific baseline warrants caution before relying on the claimed credits.

Red Flags

4 red flags detected — Unlock with Premium

Findings

Risk Indicators

Additionality

🔒

Permanence

🔒

Leakage

🔒

Baseline

🔒

Safeguards

🔒

Double-claim

🔒

Risk indicator details are a Premium feature

Score Breakdown

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Gates applied

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Detailed Analysis

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Evidence

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On this page: the analysis of 2 Sep 2026, marked “Re-assessment pending”. Per-dimension scores, risk indicators, 4 red flags, score factors, detailed analysis, and 18 registry documents (16 analyzed).

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Eligibility & market

What can you claim with this credit?

Four checks buyers ask about, from the registry and the Integrity Council (ICVCM).

  • Airlines (CORSIA)

    In scope, not yet eligible

    The registry flags units as in scope for CORSIA; eligibility still needs host-country authorization.

    Source: registry label · read on 1 Nov 2026

    Covers: credits of this project that carry the label on the registry — not every unit or lot

  • Integrity label (ICVCM CCP)

    Methodology not approved by ICVCMAMS-I.D

    The Integrity Council assessed this methodology as not meeting the Core Carbon Principles.

    Source: ICVCM assessment · ICVCM table read on 4 Oct 2026

    Covers: the methodology (every project using it), not this project's credits

  • Removal or reduction

    Emission reduction or avoidance

    Prevents or reduces emissions — fits contribution claims, not SBTi neutralisation.

    Source: project sector

    Covers: the project type, not a label on individual credits

  • Paris Agreement (Article 6)

    No Article 6 authorization

    No corresponding adjustment: the host country can also count this reduction towards its own target.

    Source: registry label · read on 1 Nov 2026

    Covers: this project's credit records as read on the registry

Information only, from public sources. Claim rules (CORSIA, SBTi, EU rules on green claims) change: check them before making a public claim. Since 27 September 2026, EU consumer rules do not allow “climate neutral” product claims based on offsets.

Registry labels last checked:2026-11-01

Credit Vintages

IssuedRetiredAvailable
2020
1,45601,456
2021
23,276023,276
2022
22,638022,638
2023
9,38509,385
Total56,755056,755

Methodology versions used

The methodology version stated in each monitoring, verification and issuance document, by period, compared with the official methodology pages.

  1. 2020–2023AMS-I.D v18.0current version

    monitoring report + verification report

    official page · verified on

  2. 2023–2025AMS-I.D v18.0current version

    monitoring report + verification report

    official page · verified on

  • AMS-I.D: Active (CDM / UNFCCC) · official page · verified on

A version is shown only when the document's own text writes it next to the methodology code. Current versions, status and CCP ranges come from the official pages linked, checked on the date shown.

Documents on the registry

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