COCOMAN FRONTERA REDD+
#54of 99 in REDD+#87of 124 in Colombia#65of 99 in CerCarbono (CC)
Audit Analysis
COCOMAN FRONTERA REDD+ is a Colombian REDD+ project with a jurisdictional baseline and VVB-verified additionality, but the verification report surfaced 32 material findings—including a double-counting concern involving mining titles and overlap with an indigenous reserve—along with six outstanding corrective actions. The project delivered roughly 78% of its pro-rata ex-ante expectation for the 2021–2023 monitoring period, which is conservative, yet the low extraction confidence and multiple contradictions between the PDD and verification report undermine confidence in the underlying data.
Red Flags
- Double-counting risk identified: overlap between PSA (Plan de Salvaguardas Ambientales) and mining titles flagged in the verification report (SA 07)
- Project area overlaps with the Guayabal de Partadó indigenous reserve (SA 12), raising FPIC and land-tenure concerns
- Reversal events are described as 'not addressed' in the most recent verification report (Dec 2024), contradicting an earlier version that listed them as 'reported'
- Reforestation activity was reported in monitoring but not actually executed (SA 10), indicating a gap between claimed and delivered activity
- Six corrective actions remain open, including demonstrating monitoring of catastrophic events and applying the correct methodology version for spatial boundaries
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2016 | 48,126 | 0 | 48,126 | |
| 2017 | 47,588 | 0 | 47,588 | |
| 2018 | 47,056 | 0 | 47,056 | |
| 2019 | 46,529 | 0 | 46,529 | |
| 2020 | 46,007 | 0 | 46,007 | |
| 2021 | 3,333 | 0 | 3,333 | |
| 2022 | 3,333 | 0 | 3,333 | |
| 2023 | 3,332 | 0 | 3,332 | |
| Total | 245,304 | 0 | 245,304 |
Risk Indicators
Combined test, VVB-verified by ICONTEC
8% buffer pool present but reversal events 'not addressed'
6% quantified deduction in verification report
Jurisdictional baseline, reassessed 2024
FPIC and grievance mechanism present; overlap with indigenous reserve flagged
CCP and CORSIA status not stated; PSA/mining-title overlap flagged
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