Curuá Grouped REDD+ Project

Audit Analysis

The Curuá Grouped REDD+ Project is a VCS ALM avoidance project in the Brazilian Amazon with a verified investment-test additionality, a 24% buffer pool, and no reported reversal events. However, the verification report (2025) states that Free, Prior and Informed Consent was not conducted, directly contradicting the PDD, and the monitoring report applies a 0% leakage deduction where the PDD had estimated 15%. These safeguard and leakage gaps, combined with a project-specific baseline and several unresolved data contradictions, limit the project's overall quality despite its structural soundness.

Project Description

Red Flags

• ⚠FPIC not conducted per the 2025 verification report, contradicting the 2023 PDD which stated it was done — a critical safeguard gap for a REDD+ project in the Brazilian Amazon
• ⚠Leakage deduction of 0% in the 2025 monitoring report versus a 15% estimate in the PDD, with only a generic 'quantified' justification and no detailed methodology disclosed
• ⚠Verified ERR (103,003 tCO2e) exceeds the project's own monitoring-report figure (78,759 tCO2e), an unusual upward adjustment by the VVB that warrants scrutiny
• ⚠Four corrective actions remain on record, including the need to provide a 40-year contract agreement and a Non-Permanence Risk Report with Calculation Tool v4.2

Credit Vintages

No issuances recorded on the registry.