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VCS Agriculture Forestry and Other Land Use Guatemala Registry: Registered Documentazione completa General Methodology v2.0

Agroforestry and forest restoration for ecological connectivity, poverty reduction and biodiversity conservation in Cerro San Gil, Caribbean Guatemala

VCS-1558 ↗

5.3 / 10
Integrity
5.8
Transparency
5.2
Claim Safety
5.0
Documentation
4.6

Score Breakdown

Integrity

verified Additionality was confirmed by the VVB, and the project used a combined additionality test in the verification report.

missing A reversal event was reported, and the verification report notes an estimated loss of 3,693 t CO2e from the previous period.

Transparency

verified The verification report provides a quantified comparison between claimed ERs and verified ERs for the 2016-07-20 to 2021-07-08 monitoring period.

missing The monitoring method for usage was not stated, and the record shows several report-format and safeguard-section errors requiring correction.

Claim Safety

verified Leakage was treated as negligible with a 0% deduction, which supports lower over-crediting risk on leakage.

missing The verified ER total of 226,665 is well below the 253,880 claimed, indicating a meaningful downward adjustment in the verification process.

Documentation

verified Fifteen documents were used and the VVB is identified as Aenor Internacional S.A.U., which supports traceability.

missing Extraction confidence was only medium, and the verification report required multiple corrective actions, including updates to the monitoring report and safeguard section.

Detailed Analysis

Integrity

The verification report confirms additionality through a combined test and states that the VVB accepted it, which is a positive sign for project integrity. The project also has a 12% buffer pool and a leakage deduction of 0%, but the report explicitly says a reversal event occurred, with an estimated loss of 3,693 t CO2e from the previous verification period due to loss of project area. The baseline is project-specific rather than a recently reassessed jurisdictional baseline, which is weaker than ideal.

Transparency

The monitoring period is clearly stated, and the verification report provides both claimed and verified ER totals, allowing some cross-checking of issuance claims. However, the usage monitoring method is not stated in the extracted record, and the report required corrections to the monitoring report structure and content. The presence of multiple documentation errors lowers confidence in the completeness of public MRV disclosure.

Claim Safety

Claim safety is supported by the VVB-verified additionality and the explicit leakage treatment of 0%, which reduces one source of over-crediting risk. At the same time, verified ERs of 226,665 are materially below the 253,880 claimed, showing that the verifier found a meaningful reduction. The project’s CORSIA and CCP status are not stated, so dual-market claim risk cannot be ruled out from the extracted record.

Documentation

The record draws on 15 documents, and the VVB is named, which helps with traceability and independence. Still, the minimum extraction confidence is only medium, meaning at least one key document was not fully readable, and the verification report lists several corrective actions. The need to fix dates, template issues, and safeguard reporting suggests the documentation package is incomplete or inconsistently prepared.

Overall

I privileged the 2022 verification report over earlier statements where contradictions existed, because it is the more recent and more specific source for the current monitoring period. That means I accepted the later finding that leakage was deemed negligible, FPIC and safeguards were documented, and a reversal event was reported, while noting that earlier documents had weaker or conflicting statements on those points. The biggest reliability issue is the gap between claimed and verified ERs, combined with report corrections and a reported loss of project area, which keeps the overall score in the mid range.

Audit Analysis

The project has some strong elements, including VVB-confirmed additionality, a documented buffer pool, and no reported leakage deduction. However, the verification record also shows a material reversal event, a sizable gap between claimed and verified ERs, and several documentation issues that reduce confidence in the claims. Overall, this looks like a moderately credible AFOLU project with meaningful reliability and permanence concerns.

Project Description

Proponent: Livelihoods Fund SICAV SIF Protocol categories: Agriculture Forestry and Other Land Use Protocols: AR-ACM0003 Estimated annual GHG reductions: 51827 tCO2e Region: Latin America Registration date: 2020-04-06

Red Flags

  • A reversal event was reported, with an estimated loss of 3,693 t CO2e from the previous verification period due to loss of project area.
  • Verified ERs were materially lower than claimed ERs, and the verification report required multiple corrections to the monitoring report.

Credit Vintages

Issued Retired Available
2013
54,782 46,111 8,671
2016
223,415 88,704 134,711
Total 278,197 134,815 143,382

Cosa migliorerebbe questo punteggio

  • Publish a clean, fully corrected monitoring report with consistent dates, complete safeguard subsections, and a clear usage monitoring method.
  • Provide explicit current status on CORSIA eligibility, CCP status, and any post-verification handling of the reported reversal event and lost project area.

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 combined test

Permanence

reversal event reported

Leakage

0% deduction with negligible justification

Baseline

project baseline, reassessment not stated

Safeguards

FPIC and grievance present, but reporting issues

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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