Info Report Check
Submission incomplete:
1: The DOE has reported different values for the total area of the project in different sections of the validation report; 370 ha (pg11), 468 ha (pg 12) and 347.1 ha (pg 18). The PDD mentions a total planting area of 347.1 ha. The DOE is requested to report which is the correct value of the total project area and how it was validated as per VVM v1.2 paragraph 64(a).


2: The DOE is requested to upload an unprotected copy of Appendix 1 spreadsheet containing the emission reductions and financial calculations as per VVM v1.2 paragraph 92(e) and EB 51, Annex 58 (Investment Analysis guidance) paragraph 8.


3: The DOE is requested to report how it has validated the IRR calculation and its input values as the spreadsheet (Appendix 1, Financial sheet, cell G89) shows a message that "excel is unable to calculate the IRR". The DOE shall also report how the alternate investment yields have been validated. In doing so please refer to VVM v 1.2 paragraph 114 (a).


4: The DOE is requested to explain how it has validated investment barriers (pg. 13 of validation report) on the basis of an IRR analysis when the PDD does not refer to any IRR analysis for establishing project additionality. In doing so please refer to VVM v1.2, Para 118 (a), (b).