Anew - Chestnut Oak Forestry Project
#1of 145 in REDD+#2of 389 in United States#2of 195 in American Carbon Registry (ACR)
Audit Analysis
The Chestnut Oak Forestry Project is a well-documented ACR improved-forest-management project with VVB-confirmed additionality, an 18% buffer pool, and no reversal events. The first monitoring period delivered roughly 236% of the pro-rata lifetime expectation, indicating conservative baseline assumptions. Key concerns include a leakage-deduction discrepancy between the PDD and monitoring report, the absence of FPIC and a described grievance mechanism, and unconfirmed CORSIA/CCP status.
Red Flags
- Leakage deduction reported as 0.3% in the monitoring report but 30% in the PDD — a 100× discrepancy that, while likely a unit-representation error (0.30 = 30%), undermines confidence in the MRV record until clarified.
- Free, Prior, and Informed Consent (FPIC) was not conducted and no grievance mechanism is described in the extracted record, despite the project being a forestry intervention on private land in West Virginia.
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel or double-claiming risk unassessed.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2022 | 62,244 | 0 | 62,244 | |
| 2023 | 21,300 | 0 | 21,300 | |
| Total | 83,544 | 0 | 83,544 |
Risk Indicators
VVB-confirmed combined test
18% buffer pool, no reversals
0.3% deduction, PDD discrepancy
Project-specific modeled, no reassessment date
Safeguards mentioned; no FPIC or grievance mechanism
CORSIA and CCP status not stated
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