MicroEnergy Credits - Mongolia - Microfinance for Clean Energy Product Lines VER Project - VPA No. 005: XacBank LLC

Registry Record

Registry

Gold Standard

Project ID

GLD2687

Country

Mongolia

Category

Not specified

Methodology

Not specified

Status

Not stated

Credits Issued

261,823 tCO₂e

Credits Retired

1,908 tCO₂e

Data as of

1 June 2026

Issuance and retirement by vintage

Issued Retired
Issuance and retirement by vintageVintages 2012 to 2024: 261,823 tonnes issued and 1,908 retired.025k50k75k100k2012 issued: 5,342 tonnes2012 retired: 1,891 tonnes20122013 issued: 20,602 tonnes20132020 issued: 47,763 tonnes20202021 issued: 63,524 tonnes2021 retired: 17 tonnes20212022 issued: 61,808 tonnes20222023 issued: 50,503 tonnes20232024 issued: 12,281 tonnes2024
VintageIssued (tCO₂e)Retired (tCO₂e)
202412,281none
202350,503none
202261,808none
202163,52417
202047,763none
201320,602none
20125,3421,891

Source: Registry records · Data as of 1 June 2026

Credit Passport in detail

ICVCM quality status

Methodology could not be matched to ICVCM records.

  • Programme: Gold Standard, CCP-eligible since April 2024.

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 3 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. 005: XacBank LLC is registered with Gold Standard, located in Mongolia. As of 1 June 2026, registry records show 261,823 tonnes issued and 1,908 tonnes retired. This reflects registry-reported figures, not an independent quality assessment.

Related

Questions about this project

How many credits has MicroEnergy Credits - Mongolia - Microfinance for Clean Energy Product Lines VER Project - VPA No. 005: XacBank LLC issued?

261,823 tonnes of credits have been issued and 1,908 retired, according to registry records as of 1 June 2026.

Registry data as of June 1, 2026