Reducing Gas Leakages within the Karnaphuli Gas Distribution Network in Bangladesh

Registry Record

Registry

Verra

Project ID

VCS2738

Country

Bangladesh

Category

GHG Management

Methodology

am0023

Status

Registered

Credits Issued

2,747,860 tCO₂e

Credits Retired

1,224,833 tCO₂e

Data as of

1 June 2026

Issuance and retirement by vintage

Issued Retired
Issuance and retirement by vintageVintages 2019 to 2022: 2,747,860 tonnes issued and 1,224,833 retired.0250k500k750k1M2019 issued: 495,490 tonnes2019 retired: 4,868 tonnes20192020 issued: 507,342 tonnes2020 retired: 280,126 tonnes20202021 issued: 871,219 tonnes2021 retired: 635,741 tonnes20212022 issued: 873,809 tonnes2022 retired: 304,098 tonnes2022
VintageIssued (tCO₂e)Retired (tCO₂e)
2022873,809304,098
2021871,219635,741
2020507,342280,126
2019495,4904,868

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: Verified Carbon Standard, CCP-eligible since May 2024.
  • AM0023 - Leak detection and repair in gas production processing transmission storage and distribution systems and in refinery facilities - 4.0: approved
  • AM0023 - Leak detection and repair in gas production processing transmission storage and distribution systems and in refinery facilities - 4.0: 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 28 October 2026

What this layer checks

CORSIA screen

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

First phase, 2024 to 2026

  • ProgrammePassesVerified Carbon Standard is approved by ICAO for 2024 to 2026.
  • DatesCannot be confirmed from available dataCredits issued for vintages 2021 to 2022. The start of the first crediting period is not in registry data.
  • 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

  • ProgrammePassesVerified Carbon Standard is approved by ICAO for 2027 to 2029.
  • DatesCannot be confirmed from available dataCredits issued for vintages 2021 to 2022. The start of the first crediting period is not in registry data.

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

Bangladesh and Article 6

Bilateral agreements
1
Authority for the Paris Agreement Crediting Mechanism
Appointed
Participation requirements for the Mechanism
Published
Cooperative approaches
1
Article 6.2 activities
4
Crediting Mechanism activities approved by the host
11
Crediting Mechanism activities registered
7

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

Organisations named in registry retirement records. Many retirements name no beneficiary, so this list is partial.

21.8% of retired tonnes name an organisation as beneficiary.

OrganisationTonnes retiredLatest year
Shell267,3422025

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

Reducing Gas Leakages within the Karnaphuli Gas Distribution Network in Bangladesh is registered with Verra under the am0023 protocol, located in Bangladesh. As of 1 June 2026, registry records show 2,747,860 tonnes issued and 1,224,833 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 Reducing Gas Leakages within the Karnaphuli Gas Distribution Network in Bangladesh issued?

2,747,860 tonnes of credits have been issued and 1,224,833 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.

Which organisations have retired credits from Reducing Gas Leakages within the Karnaphuli Gas Distribution Network in Bangladesh?

Registry records name 1 organisation: Shell. Many retirements name no beneficiary.

Registry data as of June 1, 2026