Ana Primavesi – Sustainable Farming and Restoration Program

Audit Analysis

The Ana Primavesi project is a large-scale agroforestry and restoration initiative in Brazil (416,035 tCO₂e over a 41-year crediting period) that has passed validation with EPIC Sustainability as VVB, but the validation report surfaced 29 material findings and 13 corrective actions covering baseline definition, REDD+ double-counting risk, communal land tenure, and monitoring design. The 18% buffer pool and 0% leakage deduction (deemed negligible) are thin for a project operating in a high-deforestation-pressure country, and the absence of any monitoring or verification data means the project remains entirely at the ex-ante estimation stage.

Project Description

Red Flags

• ⚠29 material findings and 13 corrective actions identified in the validation report, spanning baseline scenarios, geographic area definitions, stratification, monitoring plan errors, and land-tenure clarity
• ⚠Risk of double counting with Brazil's jurisdictional REDD+ programs was not initially assessed and remains an open corrective action
• ⚠Leakage deduction of 0% justified only as 'deemed negligible' with no quantified analysis, in a country with significant deforestation and land-use-change pressure
• ⚠Buffer pool of 18% is below the 20% typically applied to VCS ALM projects, and the adaptive management plan was not initially assessed as required by the VCS Non-permanence Risk Tool
• ⚠Communal land ownership, indigenous territory overlap, and quilombo land consent processes were flagged as unclear in the Project Description

Credit Vintages

No issuances recorded on the registry.