ACP Sustainable Forest Cover Establishment Project
GS-1337 ↗ · current registry ID: GS3421
#7of 11 in Panama#1273of 1801 in Gold Standard (GS)
Audit Analysis
The ACP Sustainable Forest Cover Establishment Project in Panama has a verified additionality assessment and a 20% buffer pool, but suffers from a project-specific baseline, a 0% leakage deduction with contradictory justification across documents, and two open corrective actions. The absence of any ERR figures, monitoring period data, or FNRB values severely limits the ability to verify claimed versus actual emissions reductions. The use of a road-test methodology version and the dual CORSIA/CCP eligibility add further uncertainty to the credit's robustness.
Red Flags
- Leakage justification is contradictory: the PDD (Sept 2013) states leakage was 'deemed negligible' while the verification report (Dec 2013) records it as 'not addressed', and the deduction is 0% with no quantified analysis
- Two forward action requests (03-02 and 001-01) remain open per the verification report, indicating unresolved compliance issues
- No ERR figures (claimed or verified), no monitoring period, and no crediting period are available in the extracted record, making over-crediting risk unassessable
- Methodology is GS Version 0.9 (Road Test), a pre-final version with less established validation
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2013 | 9,420 | 185 | 9,235 | |
| 2014 | 40,942 | 3,488 | 37,454 | |
| 2015 | 40,942 | 11,000 | 29,942 | |
| 2016 | 40,942 | 100 | 40,842 | |
| 2017 | 17,076 | 0 | 17,076 | |
| 2018 | 17,076 | 0 | 17,076 | |
| 2019 | 17,076 | 0 | 17,076 | |
| 2020 | 17,076 | 0 | 17,076 | |
| 2021 | 17,076 | 0 | 17,076 | |
| 2022 | 17,076 | 0 | 17,076 | |
| 2023 | 17,076 | 0 | 17,076 | |
| 2024 | 17,076 | 0 | 17,076 | |
| 2025 | 17,076 | 0 | 17,076 | |
| 2026 | 17,076 | 0 | 17,076 | |
| 2027 | 17,076 | 0 | 17,076 | |
| 2028 | 17,076 | 0 | 17,076 | |
| 2029 | 17,076 | 0 | 17,076 | |
| 2030 | 17,076 | 0 | 17,076 | |
| 2031 | 17,076 | 0 | 17,076 | |
| 2032 | 17,076 | 0 | 17,076 | |
| 2033 | 17,076 | 0 | 17,076 | |
| 2034 | 16,056 | 0 | 16,056 | |
| 2035 | 17,076 | 0 | 17,076 | |
| Total | 455,670 | 14,773 | 440,897 |
Risk Indicators
VVB-verified combined test
mixed evidence / unresolved risk
0% deduction, contradictory justification
Project-specific, no reassessment date
FPIC, grievance, benefit-sharing documented
CORSIA-eligible and CCP-eligible
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