MicroEnergy Credits - Mongolia - Microfinance for Clean Energy Product Lines VER Project - VPA No. 002: XacBank LLC

Registry Record

Registry

Gold Standard

Project ID

GLD2684

Country

Mongolia

Category

Energy Efficiency

Methodology

gs-tpddtec

Status

Not stated

Credits Issued

281,601 tCO₂e

Credits Retired

87,349 tCO₂e

Data as of

1 June 2026

Issuance and retirement by vintage

Issued Retired
Issuance and retirement by vintageVintages 2012 to 2024: 281,601 tonnes issued and 87,349 retired.025k50k75k100k2012 issued: 23,349 tonnes2012 retired: 23,349 tonnes20122013 issued: 23,170 tonnes20132020 issued: 48,568 tonnes2020 retired: 48,568 tonnes20202021 issued: 65,656 tonnes2021 retired: 15,432 tonnes20212022 issued: 60,084 tonnes20222023 issued: 48,801 tonnes20232024 issued: 11,973 tonnes2024
VintageIssued (tCO₂e)Retired (tCO₂e)
202411,973none
202348,801none
202260,084none
202165,65615,432
202048,56848,568
201323,170none
201223,34923,349

Source: Registry records · Data as of 1 June 2026

Credit Passport in detail

ICVCM quality status

ICVCM approved some versions of this methodology and not others. The version this project uses is not in registry data.

  • Programme: Gold Standard, CCP-eligible since April 2024.
  • GS TPDDTEC - Technologies and Practices to Displace Decentralized Thermal Energy Consumption - 2.0-3.1: approved
  • Reduced Emissions from Cooking and Heating (RECH) formerly TPDDTEC - 4.0: approved
  • Reduced Emissions from Cooking and Heating (RECH) formerly TPDDTEC - 5.0: under assessment

The CCP label is applied to credits by the registry, issuance by issuance. An approved methodology means credits from this project can be eligible; it does not mean every credit carries the label.

Source: ICVCM assessment decisions · Decisions read 19 September 2026

What this layer checks

CORSIA screen

A screen against published ICAO criteria, not an eligibility determination.

First phase, 2024 to 2026

  • ProgrammePassesGold Standard is approved by ICAO for 2024 to 2026.
  • DatesDoes not passCrediting began before 1 January 2016 (Gold Standard records a crediting period from 2 September 2012).
  • Host country authorisationCannot be confirmed from available dataAuthorisation is granted per activity. This screen cannot confirm whether this project holds a Letter of Authorization.

Second phase, 2027 to 2029

  • ProgrammePassesGold Standard is approved by ICAO for 2027 to 2029.
  • DatesDoes not passCrediting began before 1 January 2016 (Gold Standard records a crediting period from 2 September 2012).

Programme-specific exclusions were not assessed. Host country context is under Article 6 below.

Source: ICAO eligibility decisions and registry records · Criteria verified 25 September 2026

What this layer checks

Mongolia and Article 6

Bilateral agreements
4
Authority for the Paris Agreement Crediting Mechanism
Appointed
Participation requirements for the Mechanism
Published
Cooperative approaches
1
Article 6.2 activities
7
Crediting Mechanism activities approved by the host
1
Crediting Mechanism activities registered
0

This is country-level context. It does not show whether this project is authorised.

Source: UN Article 6 tracking · Data as of 4 September 2026

What this layer checks

Recorded buyers

No organisation named as beneficiary in registry records.

Retired credits from this project? See what a company can still say about them under the EU green claims rules.

Source: Registry records · Data as of 1 June 2026

What this layer checks

Declared SDG contributions

Goals the project declared to its registry. CRBN.credit does not measure these outcomes.

Goal 7: Affordable and Clean EnergyGoal 8: Decent Work and Economic GrowthGoal 13: Climate Action

Source: Gold Standard registry · Data as of 17 September 2026

What this layer checks

Gold Standard's current record

Gold Standard registry · as of 28 October 2026

Status

Gold Standard Certified Project

Project type

Energy Efficiency - Domestic

Scale

Small scale

Structure

Part of a programme (VPA)

Developer

MicroEnergy Credits

Crediting period

2 Sep 2012 to 1 Sep 2026

Expected per year

49,199 tCO₂e, as estimated at registration

MicroEnergy Credits - Mongolia - Microfinance for Clean Energy Product Lines VER Project - VPA No. 002: XacBank LLC is registered with Gold Standard under the gs-tpddtec protocol, located in Mongolia. As of 1 June 2026, registry records show 281,601 tonnes issued and 87,349 tonnes retired. This reflects registry-reported figures, not an independent quality assessment.

Related

Similar projects

Same methodology and country, largest issuance first.

Questions about this project

How many credits has MicroEnergy Credits - Mongolia - Microfinance for Clean Energy Product Lines VER Project - VPA No. 002: XacBank LLC issued?

281,601 tonnes of credits have been issued and 87,349 retired, according to registry records as of 1 June 2026.

What is the ICVCM status of this project's methodology?

ICVCM approved some versions of this methodology and not others. The version this project uses is not in registry data. The CCP label is applied to credits by the registry, issuance by issuance.

Registry data as of June 1, 2026