ACP Sustainable Forest Cover Establishment Project
Score Breakdown
Integrity
verified Additionality was confirmed by the VVB, and the project uses a combined additionality test.
missing Reversal events are not addressed in the extracted record, even though the project is an afforestation/reforestation activity.
Transparency
verified The verification body is named as Rainforest Alliance, and the project has documented safeguards such as FPIC and a grievance mechanism.
missing The monitoring period, claimed and verified ER totals, and usage monitoring details are not found in available documents.
Claim Safety
verified Leakage is described as quantified with a 0% deduction in the PDD, which supports lower over-crediting risk if accepted.
missing The project is marked CORSIA-eligible and CCP-eligible, which keeps dual-claim exposure relevant rather than excluded.
Documentation
verified Multiple official documents were used, and the extraction confidence is medium rather than low.
missing Several core fields are missing, including monitoring period, crediting period, baseline reassessment timing, and verified issuance totals.
Detailed Analysis
Integrity
The PDD states that additionality was verified by the VVB and that the project used a combined additionality test, which is a meaningful positive signal. Leakage is treated as quantified with a 0% deduction, and the buffer pool is set at 20%, but reversal handling is not addressed in the extracted record, which is a notable weakness for an A/R project. The baseline is project-specific rather than standardized, and the baseline was not shown as recently reassessed.
Transparency
The verification body is identified as Rainforest Alliance, and the documents mention FPIC, a grievance mechanism, and benefit sharing, which helps with procedural transparency. But key MRV fields are missing from the extracted record, including the monitoring period, total ERs claimed and verified, usage monitoring method, and usage rates. That leaves the public evidence trail incomplete and makes it harder to assess issuance quality.
Claim Safety
Claim safety is helped by the quantified leakage treatment and the absence of reported NCRs in the initial certification. Still, the project is marked CORSIA-eligible and CCP-eligible, so dual-claim exposure is not excluded by the available record. The contradiction on leakage treatment also weakens confidence in the over-crediting assessment.
Documentation
Documentation quality is moderate: multiple official documents were used, the extraction confidence is medium, and the record includes a named VVB and some safeguard information. However, several important fields are missing or not stated, including monitoring period, crediting period, baseline reassessment, and verified issuance totals. The presence of open forward action requests also suggests the documentation package was not fully closed at the time of certification.
Overall
The project appears moderately credible but not high-confidence because the record is incomplete and contains a direct contradiction on leakage treatment. I privileged the PDD’s quantified leakage treatment because it is the more specific and higher-priority project design document, but I still reduced confidence because a later document reportedly says leakage was not addressed. The overall score is also held back by missing MRV data, unresolved reversal treatment, and the fact that the project remains eligible for both CORSIA and CCP channels.
Audit Analysis
The project has some solid integrity signals, including VVB-confirmed additionality, a quantified leakage treatment, and a 20% buffer pool. However, permanence and monitoring clarity are weaker because reversal handling is not addressed in the extracted record and several key MRV fields are missing. Overall, this looks moderately credible but not especially transparent, with some reliability concerns from incomplete documentation and an unresolved leakage contradiction.
Project Description
Developer: Autoridad del Canal de Panama (ACP) Type: A/R Size: Small Scale Crediting period: 2014-08-05 → 2019-08-05 Estimated annual credits: 17024 tCO2e SDGs: Goal 15: Life On Land, Goal 13: Climate Action, Goal 12: Responsible Production and Consumption
Red Flags
- Reversal risk is not clearly addressed in the extracted record, despite this being an A/R project.
- The record contains a contradiction on leakage treatment: one document says leakage was quantified, while another says it was not addressed.
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 |
Cosa migliorerebbe questo punteggio
- Provide a complete monitoring report with verified and claimed ER totals, monitoring period, and usage monitoring details.
- Resolve the leakage contradiction and document reversal risk management and baseline reassessment timing more clearly.
Questi suggerimenti indicano quali prove pubbliche aggiuntive potrebbero migliorare il livello di confidenza di questa valutazione. Non garantiscono un punteggio futuro più alto.
Risk Indicators
VVB-confirmed combined test
buffer present, reversal handling unclear
quantified in PDD but contradicted
project baseline, reassessment not stated
FPIC and grievance mechanism documented
CORSIA-eligible and CCP-eligible
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