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CarbonMeld CarbonMeld Carbon Observatory
Re-assessment pendingVCSEnergy demandNigeriaRegistry: RegisteredVM0050

UpEnergy-Social and Climate Impact Programme- Nigeria-1

Developer: UpEnergy Group

VCS-2673 ↗

#89of 90 in Nigeria#1564of 1612 in Verra (VCS)#5of 7 in VM0050

Score from methodology v2.1 (analysis of 30 Aug 2026). Re-assessment under v2.2 pending.

Assessment

CarbonMeld document-based assessment

01020304 Overall 3.6 / 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

Analysis

This VCS energy-demand project in Nigeria (VM0050) has a VVB-verified additionality test and documented safeguards, but is undermined by 15 inter-document contradictions, a low extraction confidence rating, multiple unresolved material findings on baseline and additionality, and a dramatic fNRB shift from 0.9 to 0.38 between monitoring cycles. The absence of a buffer pool, unaddressed reversal risk, and an unquantified leakage justification further weaken the integrity and claim-safety profile.

Red Flags

5 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 30 Aug 2026, marked “Re-assessment pending”. Per-dimension scores, risk indicators, 5 red flags, score factors, detailed analysis, and 22 registry documents (17 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)

    First phase label on the registry (2024–2026)

    The registry labels credits of this project eligible for the first phase. Only units of 2021–2026 vintages that carry the label count for airlines' CORSIA obligations: check the units, not only the project.

    Every issued vintage (2022–2024) is inside the First Phase window (2021–2026): check that the units offered carry the label.

    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)

    CCP-labelled credits

    The registry marks credits of this project with the Integrity Council's Core Carbon Principles label: check that the units offered carry it.

    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

  • Removal or reduction

    Emission reduction or avoidance

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

    Source: methodology

    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
2022
4,81204,812
2023
20,067020,067
2024
16,768016,768
Total41,647041,647

Methodology versions used

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

  1. 2022VMR0006 v1.1since replaced by v1.2

    monitoring report + verification report + issuance document

    official page · verified on

  2. 2022–2024VM0050 v1.0current version

    monitoring report + verification report

    official page · verified on

    in the ICVCM CCP-approved range (VCS: 1.0) · official page · verified on

  • VM0050: Active (Verra / Verified Carbon Standard) · official page · verified on
  • VMR0006: Withdrawn (Verra / Verified Carbon Standard) · replaced byVM0050 · official page · verified on

Being within an ICVCM-approved version range is information only: it does not mean these credits carry the CCP label, which the registry assigns to each issuance.

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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Profile & governance

Analysis ProvenanceVM0050

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