CIKEL BRAZILIAN AMAZON REDD PROJECT AVOIDING PLANNED DEFORESTATION
#53of 99 in REDD+#126of 211 in Brazil#937of 1339 in Verra (VCS)#12of 27 in VM0007
Audit Analysis
The Cikel Brazilian Amazon REDD project has confirmed additionality, quantified leakage, and no significant reversal events, but is undermined by a large number of material findings including non-reproducible ERR calculations, a reduced buffer pool, and a project-specific baseline that is at the 10-year reassessment boundary. The discrepancy between the monitoring report and verification report ERR figures, combined with data-archiving and evidence gaps, raises meaningful concerns about the robustness of the credit claims.
Red Flags
- ERR calculations flagged as not reproducible and ex-ante vs ex-post ERRs not compared or justified (2023 verification report)
- Buffer pool allocation reduced from 15.5% to 10% for the current monitoring period
- KML file does not accurately delineate the project area (2023 verification report)
- ERR discrepancy: monitoring report shows 4,364,505 tCO2e while the verification report shows 5,186,724 tCO2e for the same period
- Impact of a hacker attack on project data and ERR calculations was not assessed by the VVB
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2007 | 2,545,150 | 1,522,226 | 1,022,924 | |
| 2011 | 57,439 | 55,230 | 2,209 | |
| 2012 | 7,711 | 7,434 | 277 | |
| 2013 | 21,463 | 20,463 | 1,000 | |
| 2014 | 79,129 | 79,129 | 0 | |
| 2015 | 31,156 | 30,156 | 1,000 | |
| 2016 | 85,602 | 64,099 | 21,503 | |
| 2017 | 86,910 | 41,009 | 45,901 | |
| Total | 2,914,560 | 1,819,746 | 1,094,814 |
Risk Indicators
VVB-confirmed combined test
Buffer present but reduced; fire risk noted
Quantified at 2.88 MtCO2e
Project-specific; at 10-yr reassessment boundary
FPIC and grievance present; AFOLU safeguards incomplete
CORSIA and CCP status not stated
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