Carbonsate Project Namibia
#22of 196 in Biomass#2of 5 in Namibia#7of 109 in Puro.earth (PUR)
Audit Analysis
The Carbonsate Namibia biomass storage project demonstrates solid additionality (investment test, VVB-verified) and a credible risk-mitigation framework with no reversal events, but is held back by the absence of a stated buffer pool, non-conduct of FPIC, and a project-specific baseline. Transparency is moderate, with several key MRV parameters (FNRB, usage rates) not documented in the available record. The project is in its first monitoring period with exact match between claimed and verified ERR, showing no over-crediting signal.
Red Flags
- No buffer pool percentage stated in any available document, leaving permanence risk unquantified under a formal safety mechanism
- FPIC (Free, Prior, and Informed Consent) was not conducted despite the project operating in Namibia with local community involvement
- FNRB method and value are not stated in any available document, limiting ability to assess baseline emission factor robustness
- Leakage treatment is inconsistent between the PDD (not addressed) and the verification report (deemed negligible), indicating a documentation gap in the project design
Credit Vintages Exhausted
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2025 | 799 | 799 | 0 | |
| Total | 799 | 799 | 0 |
Risk Indicators
VVB-verified investment test
No reversals but buffer pool not stated
0% deemed negligible; PDD inconsistent
Project-specific; FNRB not stated
Grievance mechanism present; FPIC not conducted
CORSIA and CCP status not stated
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