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VCS Forestry Brazil Registry: Registered Documentazione completa General Methodology v2.0

Agrocortex REDD Project

VCS-1686 ↗

5.4 / 10
Integrity
6.2
Transparency
4.8
Claim Safety
5.4
Documentation
4.3

Score Breakdown

Integrity

verified Additionality was confirmed by the VVB, and the issuance report cites a barrier test under VM0015.

missing The VVB required ERR calculation spreadsheets for review, and the record shows contradictions on the additionality test type and buffer pool percentage.

Transparency

verified The monitoring period is clearly stated for 2020-01-01 to 2021-12-31, and the VVB is identified as Earthood Services Private Limited.

missing Total ERR claimed and verified are not stated, usage monitoring is not described, and the extraction confidence is only medium.

Claim Safety

verified Leakage was quantified with a 5% deduction, which is better than an unaddressed leakage assumption.

missing The baseline is project-specific rather than jurisdictional, and CORSIA eligibility is not stated, leaving residual over-crediting and double-claim uncertainty.

Documentation

verified The record includes a substantial set of extracted documents and a named VVB, with safeguards such as FPIC, grievance mechanism, and benefit sharing described.

missing One or more key documents were not fully readable, and the VVB noted missing ERR calculation spreadsheets, reducing documentation completeness.

Detailed Analysis

Integrity

The project shows moderate integrity because additionality was verified by Earthood Services Private Limited and the issuance report uses a barrier test under VM0015. Leakage is not ignored: the record states a quantified leakage deduction of 5%, and no reversal events are reported. However, the VVB still required the ERR calculation spreadsheets, which suggests unresolved review gaps, and the contradiction log shows disagreement over the additionality test type and buffer pool percentage.

Transparency

Transparency is limited by missing core quantitative fields: total ERR claimed and verified are not stated, and the usage monitoring method is not found in the extracted record. The monitoring period is clear, and the VVB is named, but the extraction confidence is only medium, so some source material was not fully legible. That weakens confidence in the completeness of the public record.

Claim Safety

Claim safety is mixed. A quantified 5% leakage deduction and a buffer pool provide some protection, but the baseline is project-specific rather than a more standardized or jurisdictional approach, which increases over-crediting risk. CORSIA eligibility is not stated, and the contradictions around buffer pool size and additionality test type reduce reliability of the claim.

Documentation

Documentation is only fair because the record includes many extracted documents and identifies the VVB, but key supporting materials were missing or not fully usable. The VVB explicitly requested ERR calculation spreadsheets, and the extraction confidence is medium rather than high. On the positive side, FPIC, grievance mechanism, and benefit sharing are described, which improves completeness on safeguards.

Overall

Overall, this is a mid-quality REDD issuance record with some solid project-level controls but meaningful evidence gaps. I privileged the 2022 issuance report for the buffer pool and additionality test because it is the most recent document, but I discounted confidence because earlier documents conflict on both points. I also treated the reversal record cautiously: the latest document says no reversals were reported, while an earlier document did not address reversals, so the newer statement is more specific but still not fully corroborated.

Audit Analysis

The project has some positive integrity signals, including VVB-confirmed additionality, a quantified leakage deduction, and a buffer pool, but the evidence base is incomplete and contains contradictions. Documentation quality is weakened by missing ERR spreadsheets and several key fields not being stated, which limits confidence in the issuance claim.

Project Description

The Agrocortex REDD Project aims to prevent the unplanned deforestation of 186,369.66 ha of Amazon rainforest in the South-western region of Brazil. The project also establishes a barrier against deforestation and contributes to the conservation of the region's biodiversity and climate regulation. Public comments were open from 12 May - 11 June 2017, with no comments received.

Red Flags

  • The VVB required the project proponent to provide ERR calculation spreadsheets, indicating incomplete review support.
  • There are contradictions across documents on the buffer pool size, additionality test type, and whether reversal risk was addressed.

Credit Vintages

Issued Retired Available
2014
75,523 74,518 1,005
2015
259,940 259,760 180
2016
282,490 282,490 0
2017
296,775 180,198 116,577
2018
436,595 420,394 16,201
2019
445,946 359,618 86,328
2020
397,013 138,956 258,057
2021
497,962 0 497,962
Total 2,692,244 1,715,934 976,310

Cosa migliorerebbe questo punteggio

  • Provide the ERR calculation spreadsheets and a complete reconciliation of claimed versus verified issuance.
  • Publish a clear baseline reassessment history and resolve the contradictions on buffer pool size and additionality test type.

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

Additionality

VVB-confirmed but conflicting test history

Permanence

Buffer pool present, no reversals reported

Leakage

Leakage quantified at 5%

Baseline

Project baseline, reassessment timing not stated

Safeguards

FPIC and grievance mechanism documented

Double-claim

CORSIA/CCP status not stated

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Analysis Provenance Scored 2026-04-19 General Methodology v2.0 Documentazione completa

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