CCIPL was contracted by Climate Bridge (Shanghai) Ltd. for project verification of the project activity “Henan Nanzhao Huanghou Wind Power Project” in China. The project verification was performed based on rules and requirements defined by GCC for the project activity.

The proposed project activity is a wind power project, which results in reductions of CO₂e emissions that are real, measurable and give long-term benefits to the mitigation of climate change. It is demonstrated that the project is not a likely baseline scenario and the emission reductions attributable to the project are, hence, additional to any that would occur in the absence of the project activity. The project correctly applies the approved baseline and monitoring ACM0002 Grid connected electricity generation from renewable sources; Version 21.0 /B02/ and is assessed against latest valid Project Standard /B01-1/, Verification Standard /B01-2/, Environment and Social Safeguards Standard /B01-4/, Project-Sustainability-Standard /B01-5/ and/or other applicable GCC/CDM Decisions/Tools/Guidance/Forms.

The project activity is likely to achieve the anticipated emission reductions stated in the PSF provided the underlying assumptions do not change. The expected emission reductions (annual average) from the project activity are estimated to be 1,212,740 tCO₂e over the 10 years crediting period starting from 11/01/2017.

CCIPL has informed the project owners of the project verification outcome through the draft project verification report and final project verification report. The final project verification report contains the information with regard to fulfilment of the requirements for project verification, as appropriate.

CCIPL applied the following verification process and methodology using a competent verification team:

·         The desk review of documents and evidence submitted by the project owner in context of the reference GCC rules and guidelines issued,

·         Undertaking/conducting site visit, interview, or interactions with the representative of the project owner.

·         Reporting audit findings with respect to clarifications and non-conformities and the closure of the findings, as appropriate

·         Preparing a draft verification opinion based on the auditing findings and conclusions.

·         Technical review of the draft project verification opinion along with other documents as appropriate by an independent competent technical review team.

·         Finalization of the project verification opinion in this report.

The GCC Project Verifier, Carbon Check (India) Private Ltd, verifies and certifies that the GCC Project Activity “Henan Nanzhao Huanghou Wind Power Project”:

(a)  has correctly described the Project Activity in the Project Submission Form (version 2.1, dated 16/05/2024) including the applicability of the approved CDM methodology, ACM0002, version 21.0 /B02/ and meets the methodology applicability conditions, is additional and is expected to achieve the forecasted real and additional GHG emission reductions, complies with the monitoring methodology, has appropriately conducted local and global stakeholder consultation processes and has calculated emission reduction estimates correctly and conservatively;

(b)  is likely to generate GHG emission reductions amounting to the estimated 1,212,740 t CO₂eq (for the fixed 10 years crediting period), as indicated in the PSF, which are additional to the reductions that are likely to occur in absence of the Project Activity and complies with all applicable GCC rules and therefore requests the GCC Program to register the Project Activity;

(c)   is not likely to cause any net-harm to the environment and/or society and complies with the Environmental and Social Safeguards Standard, and therefore requests the GCC Program to register the Project Activity, which is likely to achieve the requirements of the Environmental No-net-harm Label (E+) and the Social No-net harm Label (S+); and

(d)  is likely to contribute to the achievement of United Nations Sustainable Development Goals (SDGs), comply with the Project Sustainability Standard, version 3.1 and contribute to achieving a total of 3 SDGs, which is likely to achieve the silver SDG certification label (SDG+).

(e)  complies with all the applicable requirement of the GCC Program and ICAO’s requirements on CORSIA Emissions Unit Eligibility Criteria and CORSIA Eligible Emissions Units, as per Clarification No 1., v 1.3 paragraph 23-25, and the ACCs expected to be issued during the crediting period is likely to be CORSIA eligible and can be used by International Airlines for offsetting their emissions during all phases of CORSIA and therefore requests GCC Steering Committee to append CORSIA Certification label (C+) to this project.

The Verification report describes a total of 29 findings, which include:

• 01 Forward Action Request (FAR);
• 10 Clarification Requests (CLs);
• 18 Corrective Action Requests (CARs)

All findings have been resolved by the project owner (except the FAR which needs to be resolved during emission reduction verification).