Alcom-01-NuevaEcijaPhilippines

Audit Analysis

This Puro.earth biochar removal project in the Philippines has a VVB-verified investment additionality test and documented end-use tracking, but is undermined by 18 material findings (including LCA calculation errors, biochar quantity discrepancies, and missing no-double-counting clauses), a 100-year permanence claim with no buffer pool and reversal events marked as not addressed, and a complete absence of leakage quantification. The volume of corrective actions required signals systemic MRV weaknesses that cast doubt on the reliability of the 552.13 tCO₂e verified figure.

Project Description

Red Flags

• ⚠18 material findings in the 2026 verification report, including biochar sold quantity exceeding produced quantity by ~1 tonne, LCA transcription and calculation errors, and uncalibrated weight cells — indicating systemic data-quality problems
• ⚠100-year permanence claim with no buffer pool and reversal events explicitly marked as 'not addressed' in the extracted record, despite the removal-credit nature of the project
• ⚠Leakage deduction and justification are both absent from the record; for a biomass-to-biochar project, displaced-use leakage is a material concern
• ⚠Missing no-double-counting clause in delivery receipts and invoices, flagged as a corrective action in the 2026 verification report
• ⚠FNRB value, usage monitoring method, and usage rates (assumed and verified) are all not stated in any available document

Credit Vintages Exhausted