Community Based Forest Plantation in India

Audit Analysis

A VCS forest plantation project in India with VVB-verified additionality, a 20% buffer pool, and no reported reversals, but undermined by a project-specific baseline, a 0% leakage deduction justified only as 'deemed negligible,' and a validation process that required 45 corrective actions. The project delivered roughly 19% of its pro-rata ex-ante expectation for the elapsed monitoring period, which protects against over-crediting but raises questions about baseline calibration.

Project Description

Red Flags

• ⚠45 corrective actions were raised during validation, including insufficient demonstration of baseline scenario and additionality for each state, and insufficient justification of non-permanence risks
• ⚠Leakage deduction of 0% justified solely as 'deemed negligible' without quantified analysis, in a multi-state forest plantation project where displacement of biomass is plausible
• ⚠Ex-ante lifetime estimate dropped from 857,591 (PDD) to 686,073 (validation report), a ~20% reduction, likely reflecting boundary restrictions imposed as a corrective action
• ⚠Project delivered only ~19% of the pro-rata ex-ante expectation for the 6.3-year monitoring period (27,566 verified vs ~144,000 expected), suggesting the original baseline may have been overly optimistic

Credit Vintages

No issuances recorded on the registry.