MicroEnergy Credits - Mongolia - Microfinance for Clean Energy Product Lines VER Project - VPA No. 002: XacBank LLC
Registry
Gold Standard
Project ID
GLD2684
Country
Category
Energy Efficiency
Methodology
Status
Not stated
Credits Issued
281,601 tCO₂e
Credits Retired
87,349 tCO₂e
Data as of
1 June 2026
Credit Passport
How to read itIssuance and retirement by vintage
| Vintage | Issued (tCO₂e) | Retired (tCO₂e) |
|---|---|---|
| 2024 | 11,973 | none |
| 2023 | 48,801 | none |
| 2022 | 60,084 | none |
| 2021 | 65,656 | 15,432 |
| 2020 | 48,568 | 48,568 |
| 2013 | 23,170 | none |
| 2012 | 23,349 | 23,349 |
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
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
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
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
Declared SDG contributions
Goals the project declared to its registry. CRBN.credit does not measure these outcomes.
Source: Gold Standard registry · Data as of 17 September 2026
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
- MicroEnergy Credits - Mongolia - Microfinance for Clean Energy Product Lines VER Project No issuance recorded
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