CHONTA COROZO REDD+ Project
#8of 99 in REDD+#4of 124 in Colombia#2of 99 in CerCarbono (CC)
Audit Analysis
The CHONTA COROZO REDD+ project demonstrates solid additionality (combined test, VVB-verified) and a jurisdictional NREF-based baseline, with a 7.5% buffer pool and 15% quantified leakage deduction. However, significant contradictions in lifetime ERR estimates (nearly a 2× gap between the PDD and validation report) and the absence of CORSIA/CCP eligibility information create uncertainty around claim safety. The project is registered in Colombia's CerCarbono registry, which limits public data accessibility compared to international registries.
Red Flags
- Lifetime ex-ante ERR differs by nearly 2× between the PDD (5,518,788) and the validation report (2,728,460), creating material uncertainty about the true baseline credit volume
- Buffer pool percentage is inconsistent: 7.5% in the monitoring report versus 5% in the PDD
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed
- 13 non-conformances and clarification requests were raised during verification (8 NC, 5 CL), including calculation errors and incomplete PDD sections, all subsequently closed
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2017 | 449 | 0 | 449 | |
| 2018 | 956 | 0 | 956 | |
| 2019 | 949 | 0 | 949 | |
| 2020 | 439 | 0 | 439 | |
| 2021 | 935 | 0 | 935 | |
| Total | 3,728 | 0 | 3,728 |
Risk Indicators
Combined test, VVB-verified
7.5% buffer, no reversals
15% quantified deduction
Jurisdictional NREF baseline
FPIC, grievance, benefit sharing
CORSIA/CCP status unknown
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