Afforestation with Hazelnut Plantations in Western Georgia
Score Breakdown
Integrity
verified Additionality was confirmed by the VVB using a combined test, which is stronger than an unverified assertion.
missing The verification findings report major inventory precision problems and state that no verified credits were envisaged, which undermines confidence in the credited reductions.
Transparency
verified The project has both monitoring and validation documentation, with TÜV SÜD Industrie Service GmbH named as the VVB.
missing Total claimed and verified emission reductions are not stated in the extracted record, and the monitoring method for usage is also not found.
Claim Safety
verified The project is an afforestation activity under Gold Standard, and the validation report indicates a quantified leakage approach rather than ignoring leakage entirely.
missing Baseline details are only described as project-based, with no reassessment date, and the record does not state CORSIA or CCP status, leaving dual-claim risk unresolved.
Documentation
verified Four documents were used, including monitoring and validation reports, and the project date is relatively recent in the extracted record.
missing The extraction confidence is only medium, many corrective and clarification requests were raised, and key fields such as buffer pool, leakage deduction, and monitoring metrics are missing.
Detailed Analysis
Integrity
The project gets partial credit for additionality because the validation report says it was confirmed by the VVB using a combined test. However, the same verification record reports a very high standard deviation in the forest inventory, failure to achieve the required 20% precision level, and that only updated ex-ante calculations were used with no verified credits envisaged. Reversal risk is also not cleanly resolved: one source says it was not addressed, while another later source says reversals were reported, so I treated the contradiction conservatively.
Transparency
Transparency is limited because several core MRV quantities are not stated in the extracted record, including total claimed and verified emission reductions and the usage monitoring method. The project does at least identify the VVB and includes both monitoring and validation documentation, but the evidence set is incomplete and the extraction confidence is only medium. That combination supports a below-average documentation trail for a crediting claim.
Claim Safety
Claim safety is weakened by the project-based baseline approach and the absence of key quantitative checks such as verified usage rates, leakage deductions, and FNRB inputs. The record also does not state whether the project is CORSIA-eligible or CCP-approved, so dual-claim exposure cannot be ruled out. Because the verification findings say no verified credits were envisaged, the risk of overstating credit quality is material.
Documentation
The file set includes four documents and names a recognized VVB, which is a positive sign for documentation quality. But the record contains a long list of corrective action and clarification requests, plus a finding that the inventory precision target was not met. With medium extraction confidence and several missing core fields, the documentation package is only moderately complete.
Overall
I privileged the validation report for additionality because it is the document that explicitly states the VVB-confirmed test, while I treated the later reversal-related contradiction conservatively because the extracted record does not provide enough detail to reconcile the sources. The contradiction on reversal events reduces reliability, and the absence of verified credits in the verification findings is a major negative for overall confidence. Under the stated gating logic, the integrity score remains above the hard cap threshold, but the project still looks weak for a high-confidence credit claim.
Audit Analysis
This project has some positive signs, including VVB-confirmed additionality and documented safeguards, but the evidence base is weak for a carbon credit claim. The monitoring record shows major precision problems, many corrective actions, and no verified credits envisaged, which materially weakens confidence in the issuance claim.
Project Description
Developer: Ferrero Trading LUX S.A. Type: A/R Size: Micro Scale Crediting period: 2007-01-01 → 2056-01-01 Estimated annual credits: 20000 tCO2e SDGs: Goal 12: Responsible Production and Consumption, Goal 13: Climate Action, Goal 15: Life On Land
Red Flags
- The verification findings say the forest inventory had very high standard deviation and could not meet the required 20% precision level, and that no verified credits were envisaged.
- A contradiction exists on reversal events: one document says reversals were not addressed, while another later source indicates reversals were reported.
- Buffer pool size not disclosed in available documents
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2009 | 4,912 | 0 | 4,912 | |
| 2010 | 8,949 | 0 | 8,949 | |
| 2011 | 10,737 | 0 | 10,737 | |
| 2012 | 11,376 | 0 | 11,376 | |
| 2013 | 13,802 | 0 | 13,802 | |
| 2014 | 14,023 | 0 | 14,023 | |
| 2015 | 14,082 | 0 | 14,082 | |
| 2016 | 14,229 | 0 | 14,229 | |
| 2017 | 15,001 | 0 | 15,001 | |
| 2018 | 14,717 | 0 | 14,717 | |
| 2019 | 15,004 | 0 | 15,004 | |
| 2020 | 36,165 | 0 | 36,165 | |
| 2021 | 39,331 | 0 | 39,331 | |
| 2022 | 28,553 | 0 | 28,553 | |
| 2023 | 35,207 | 0 | 35,207 | |
| 2024 | 44,248 | 0 | 44,248 | |
| 2025 | 48,181 | 0 | 48,181 | |
| 2026 | 49,453 | 0 | 49,453 | |
| 2027 | 51,446 | 0 | 51,446 | |
| 2028 | 50,744 | 0 | 50,744 | |
| 2029 | 50,119 | 0 | 50,119 | |
| 2030 | 46,624 | 0 | 46,624 | |
| 2031 | 42,761 | 0 | 42,761 | |
| 2032 | 37,952 | 0 | 37,952 | |
| 2033 | 33,969 | 0 | 33,969 | |
| 2034 | 29,787 | 0 | 29,787 | |
| 2035 | 27,124 | 0 | 27,124 | |
| 2036 | 22,580 | 0 | 22,580 | |
| 2037 | 20,920 | 0 | 20,920 | |
| 2038 | 17,640 | 0 | 17,640 | |
| 2039 | 17,092 | 0 | 17,092 | |
| 2040 | 14,223 | 0 | 14,223 | |
| 2041 | 12,247 | 0 | 12,247 | |
| 2042 | 9,591 | 0 | 9,591 | |
| 2043 | 7,173 | 0 | 7,173 | |
| 2044 | 5,610 | 0 | 5,610 | |
| 2045 | 4,097 | 0 | 4,097 | |
| 2046 | 2,205 | 0 | 2,205 | |
| 2047 | 1,960 | 0 | 1,960 | |
| 2048 | 612 | 0 | 612 | |
| 2049 | 1,676 | 0 | 1,676 | |
| 2050 | 78 | 0 | 78 | |
| 2051 | 486 | 0 | 486 | |
| 2052 | 58 | 0 | 58 | |
| Total | 926,744 | 0 | 926,744 |
Cosa migliorerebbe questo punteggio
- Provide a reconciled, document-backed explanation of reversal events, including whether any reversals occurred and how they were handled.
- Publish the verified emission reduction figures, leakage deduction, usage monitoring method, and a complete response to all corrective actions and clarification requests.
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
reversal treatment unclear
quantified approach mentioned, deduction missing
project baseline, reassessment not stated
FPIC and grievance mechanism present
CORSIA/CCP status not stated
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