Bikes for the Planet - Brazil

Audit Analysis

Bikes for the Planet is a VCS-registered non-motorized transport project in São Paulo with VVB-confirmed additionality and consistent claimed/verified emissions reductions of 2,519 tCO₂e for the 2021–2022 monitoring period. However, the project-specific baseline, absence of a stated buffer pool, and a 0% leakage deduction with inconsistent justification across documents introduce moderate integrity and claim-safety concerns. Documentation is reasonably complete with 20 source documents and a recent 2024 verification, though extraction confidence is only medium.

Project Description

Red Flags

• ⚠Leakage deduction of 0% is justified as 'not addressed' in the 2024 verification report but 'deemed negligible' in the same-year monitoring report — the justification is inconsistent and not robustly documented
• ⚠Three material deviations were noted in the 2024 verification report (use of public authority surveys instead of ex-post user surveys, use of actual monitored trip distance instead of year-1 survey data, and exclusion of a sub-project), though no corrective actions were required
• ⚠Baseline is project-specific with no reassessment date stated; for a 10-year crediting period starting in 2018, the first 10-year reassessment would be due around 2028, but the absence of any stated reassessment schedule is a gap

Credit Vintages