Composting Project in Santa Catarina

Audit Analysis

The Santa Catarina composting project has a VVB-verified additionality assessment and no reported reversals, but suffers from significant gaps in safeguards documentation (no FPIC, no grievance mechanism, safeguards not mentioned per the most recent verification report), an unaddressed leakage justification, and multiple material findings with required corrective actions. The ERR figures for the 2019–2020 monitoring period match exactly between claimed and verified values, but the project-specific modeled baseline and absence of a stated buffer pool introduce moderate over-crediting risk.

Project Description

Red Flags

• ⚠Leakage deduction of 0% with justification recorded as 'not addressed' in the most recent verification report (Dec 2024), while an earlier 2020 report described it as 'deemed negligible' — the more recent and authoritative statement leaves the 0% deduction without a documented basis.
• ⚠The most recent verification report (2024-12-23) records no FPIC, no grievance mechanism, no safeguards mention, and no benefit-sharing description, directly contradicting the slightly earlier report (2024-12-11) which recorded all of these as present — a material inconsistency in social-environmental compliance.
• ⚠Three corrective actions were required by the VVB, including missing parameter values (Qy,treatment), absent farmer daily logs and support spreadsheets, and an incorrect emission factor for 2015, indicating incomplete monitoring data.

Credit Vintages