Alto Huayabamba: Carbon Dioxide sequestration through reforestation with small-scale farmers in Peru, San Martin Region
#161of 261 in Soil carbon#18of 24 in Peru#1052of 1339 in Verra (VCS)
Audit Analysis
This VCS reforestation project in Peru has VVB-confirmed additionality and documented safeguards, but is undermined by a significant reversal event (25,147 tCO2e loss), a questionable zero-leakage claim, extensive data-quality issues flagged by the VVB, and verified removals that represent only about 17–20% of the pro-rata expectation for the elapsed monitoring period. Six contradictions across documents, 19 corrective action requests, and a 15.6% project-area reduction further erode confidence in the integrity and accuracy of the credit claims.
Red Flags
- Reversal event of 25,147 tCO2e (8% of previously verified removals) reported during the 2019–2023 monitoring period, deducted from gross removals
- Zero leakage deduction justified as 'deemed negligible' in the 2025 verification report, yet the 2019 appendix described leakage as 'quantified' — the VVB issued a CAR demanding scientific evidence for the zero-leakage claim
- Verified removals of 23,164 tCO2e represent only ~17% of the linear pro-rata expectation (~135,500 tCO2e) for the 4.7-year monitoring period out of the 40-year crediting period, even before accounting for the non-linear growth curve of reforestation
- Project area reduced from 1,613 ha to 1,361 ha (15.6% loss) due to data-quality issues, with inconsistencies in GIS tracks, parcel coding, and overlapping areas flagged
- 19 corrective action requests, 14 non-material findings, 5 additional documentation requests, and 7 clarification requests issued by the VVB, indicating systemic documentation and calculation weaknesses
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2008 | 48,870 | 48,870 | 0 | |
| 2014 | 218,138 | 212,344 | 5,794 | |
| 2019 | 3,647 | 0 | 3,647 | |
| 2020 | 3,628 | 0 | 3,628 | |
| 2021 | 3,628 | 0 | 3,628 | |
| 2022 | 3,628 | 0 | 3,628 | |
| 2023 | 5,157 | 0 | 5,157 | |
| Total | 286,696 | 261,214 | 25,482 |
Risk Indicators
VVB-confirmed combined test
Buffer pool present but reversal event reported
Zero deduction, justification inconsistent across docs
Project-specific baseline, reassessment date not stated
FPIC, grievance mechanism, benefit sharing documented
CORSIA and CCP status not stated; overlap with other AFOLU projects flagged
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