Bale Mountains Eco-region REDD+ project
#172of 261 in Soil carbon#25of 36 in Ethiopia#1092of 1339 in Verra (VCS)#21of 29 in VM0015
Audit Analysis
The Bale Mountains REDD+ project has a VVB-verified additionality assessment and no reported reversal events, but is undermined by an extensive list of material findings (over 40 items), a 9× discrepancy in the KML project-area shapefile, a buffer pool reduction from 15% to 10%, a shift in leakage treatment from quantified to deemed negligible, and unresolved double-counting concerns with overlapping OFLP and ICS projects. The project delivered 124% of the pro-rata ex-ante expectation for the 2020–2021 monitoring period, which is reassuring, but the data-quality and documentation gaps significantly erode confidence in the underlying figures.
Red Flags
- KML shapefile area of 3 million hectares did not match the stated project boundary of 333,924 hectares — a 9× discrepancy that calls into question the spatial basis of all ERR calculations
- Buffer pool reduced from 15% (2017 verification) to 10% (2024 verification) without a clearly documented justification in the extracted record
- Leakage treatment shifted from 'quantified' (2021 verification) to 'deemed negligible' with a 0% deduction (2024 verification), a material weakening of the leakage safeguard for a REDD+ project in a high-deforestation-risk region
- Unclear assessment of double-counting risk with overlapping OFLP and ICS projects; corrective action required to verify cookstove distribution linkage to certified ICS projects
- Baseline last reassessment date not stated in any available document; the 10-year reassessment milestone (project start 2012) appears to have passed before the November 2024 verification
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2012 | 460,000 | 460,000 | 0 | |
| 2013 | 348,716 | 348,716 | 0 | |
| 2014 | 1,155,842 | 1,155,842 | 0 | |
| 2015 | 769,547 | 757,547 | 12,000 | |
| 2016 | 6,621,171 | 5,610,847 | 1,010,324 | |
| 2020 | 17,908 | 16,828 | 1,080 | |
| Total | 9,373,184 | 8,349,780 | 1,023,404 |
Risk Indicators
VVB-confirmed investment test
10% buffer, no reversals, but pool reduced from 15%
0% deduction, deemed negligible, shifted from quantified
Project-specific, reassessment date not stated
FPIC and grievance present, but extensive documentation gaps
CORSIA/CCP not stated; OFLP/ICS overlap unresolved
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