Carbon Project in the Emas-Taquari Biodiversity Corridor, Goiás and Mato Grosso do Sul, Brazil

Audit Analysis

This VCS ALM soil-carbon project in Brazil has a VVB-confirmed additionality assessment and a 10% buffer pool, but is undermined by two fire-related reversal events, a significant reduction in the leakage deduction from 15% to 0% with the VVB itself flagging insufficient evidence, and 24 outstanding corrective actions. The project delivered only about 14% of its pro-rata ex-ante expectation for the monitored period, raising questions about baseline accuracy. Multiple contradictions across documents—particularly on leakage, buffer percentage, and ERR figures—reduce confidence in the data reliability.

Project Description

Red Flags

• ⚠Leakage deduction reduced from 15% (validation report, 2010) to 0% (monitoring report, 2022) with the VVB's own CAR 10/2010 flagging 'lack of evidence to support assumption of zero leakage'
• ⚠Two fire events (July 2015, September 2020) caused reversals in a project where fire risk was scored at likelihood 5 (highest) with only a 0.5 mitigation factor
• ⚠Buffer pool reduced from 20% (validation report, 2010) to 10% (verification report, 2022) without clear justification in the extracted record
• ⚠24 corrective actions and 16 CARs identified during the audit, including overestimation of biomass stocks in the first forest inventory
• ⚠ERR figures contradict between monitoring reports: 9,563.5 tCO2e (Oct 2021) vs 5,673.45 tCO2e (Mar 2022)

Credit Vintages

No issuances recorded on the registry.