For Peat’s Sake
#18of 69 in REDD+#413of 629 in Verra (VCS)#6of 12 in VM0007
Audit Analysis
The Katingan Peatland project demonstrates verified additionality, a 10% buffer pool, and recent baseline reassessment, but faces material permanence risks from recurring illegal logging (261.17 ha in 2020; 374,278 tCO2 losses in 2021–2023) and fire events. Significant documentation gaps, ERR figure discrepancies between the 2022 verification report and the 2025 monitoring report, and an unresolved community grievance temper confidence. The project remains in 'verification approval requested' status, meaning credits have not yet been formally issued.
Red Flags
- ERR figures conflict between the 2022 verification report (6,430,873) and the 2025 monitoring report (16,067,800); the basis for each figure (single-period vs. cumulative vs. lifetime ex-ante) is not clearly reconciled in the extracted record
- 261.17 ha of illegal-logging deforestation in 2020 and 374,278 tCO2 of carbon losses in 2021–2023 indicate persistent and material reversal risk despite the 10% buffer pool
- One grievance from Galinggang Village remains unresolved, and consultation/grievance knowledge gaps were identified in three communities (Mentaya Seberang, Rawasar, Babaung)
- Registry status is 'Verification approval requested' — the project has not yet received final verification approval, so no credits are formally issued
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2018 | 2,792,097 | 2,775,194 | 16,903 | |
| 2019 | 5,196,516 | 4,688,589 | 507,927 | |
| 2020 | 5,879,844 | 5,493,034 | 386,810 | |
| Total | 13,868,457 | 12,956,817 | 911,640 |
Risk Indicators
Combined test, VVB-confirmed
Reversal events (logging, fire); 10% buffer in place
Quantified zero via GFW data
Project-specific; reassessed 2025
FPIC & grievance present; 1 unresolved case; 3-community gap
CORSIA & CCP status not stated
Where to buy
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