Bom Jesus Ceramic Fuel Switching Project
#46of 202 in Industrial#21of 104 in Brazil#270of 629 in Verra (VCS)#9of 26 in AMS-I.E
Audit Analysis
The Bom Jesus Ceramic Fuel Switching Project is a VCS-registered fuel-switching project in Brazil with VVB-confirmed additionality and no material findings, but it carries notable data-quality concerns reflected in 14+ corrective actions across monitoring reports. The project-specific baseline, absence of a stated buffer pool, and unaddressed reversal risk temper its integrity profile, while self-reported usage monitoring and a medium extraction confidence limit transparency. Overall, the project is functional but sits in the mid-range of credit quality.
Red Flags
- 14+ corrective actions in the 2024 verification report reveal systematic data-quality errors in monitoring reports, including incorrect parameter values, wrong units, missing evidence for biomass receipts, and use of glycerin not listed in the PDD
- Buffer pool percentage is not stated in any available document, leaving permanence risk unquantified
- Reversal events are explicitly marked as 'not addressed' in the extracted record
- Usage monitoring relies on self-reporting rather than independent metering or third-party verification
- Multiple contradictions across verification reports (2012, 2018, 2024) on FPIC, grievance mechanism, safeguards, and additionality test type indicate inconsistent documentation over time
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2007 | 12,677 | 12,613 | 64 | |
| 2008 | 12,446 | 12,446 | 0 | |
| 2009 | 12,275 | 12,275 | 0 | |
| 2010 | 13,906 | 13,906 | 0 | |
| 2011 | 14,025 | 14,025 | 0 | |
| 2012 | 15,341 | 4,927 | 10,414 | |
| 2013 | 20,995 | 8,878 | 12,117 | |
| 2014 | 12,611 | 8,032 | 4,579 | |
| 2015 | 9,929 | 4,958 | 4,971 | |
| 2016 | 8,628 | 4,309 | 4,319 | |
| 2017 | 7,766 | 0 | 7,766 | |
| 2018 | 8,256 | 0 | 8,256 | |
| 2019 | 6,804 | 0 | 6,804 | |
| 2020 | 6,249 | 0 | 6,249 | |
| 2021 | 5,123 | 0 | 5,123 | |
| Total | 167,031 | 96,369 | 70,662 |
Risk Indicators
VVB-confirmed barrier test
Buffer pool not stated; reversal unaddressed
0% deduction, justified but thin
Project-specific; reassessed 2018
FPIC and grievance per 2018; inconsistent with 2012
CORSIA excluded; CCP status not stated
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