Bull Valley Forest Carbon Offsets
#1of 11 in Blue carbon#31of 345 in United States#14of 59 in City Forest Credits (CFC)
Audit Analysis
Thompson Road Oak Woods is a 40-year urban tree preservation project under the City Forest Credits standard with a VVB-confirmed barrier additionality test, a 10% buffer pool, and a quantified 18.3% leakage deduction. The verified carbon figure (7,663 tCO₂) exceeds the ex-ante estimate (6,897 tCO₂), indicating a conservative initial claim. Key gaps include a project-specific baseline with no stated reassessment date, absent FNRB and usage-monitoring data, and unknown CORSIA/CCP status.
Red Flags
- Baseline is project-specific with no documented reassessment date; the CFC standard's reassessment cadence is not confirmed in the available documents
- FNRB method and value are not stated in any extracted document, leaving the forest net regeneration baseline unquantified
- CORSIA eligibility and CCP status are both unstated, leaving dual-channel or double-claiming risk unassessed
- Contradiction between the validation report (additionality test: 'combined') and the verification report ('barrier') introduces minor uncertainty about the exact additionality methodology applied
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2023 | 6,897 | 3,500 | 3,397 | |
| Total | 6,897 | 3,500 | 3,397 |
Risk Indicators
VVB-confirmed barrier test
40-yr commitment, permanent restrictions, 10% buffer, no reversals
18.3% quantified deduction
Project-specific, no reassessment date stated
Safeguards mentioned; FPIC and grievance mechanism not stated
CORSIA and CCP status both unstated
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