Inner Mongolia Wu‘Erqihan IFM (Conversion Of Logged To Protected Forest) Project
#28of 99 in REDD+#355of 1084 in China#402of 1339 in Verra (VCS)#3of 10 in VM0010
Audit Analysis
The Wu'Erqihan IFM project has a verified investment-test additionality and a 22% buffer pool, but is currently On Hold in the VCS registry. The project-specific baseline, a 0% leakage deduction justified only as 'deemed negligible,' and seven cross-document contradictions (including conflicting statements on FPIC, safeguards, and benefit-sharing) create moderate over-crediting and data-reliability concerns. The verified ERR for the 4.5-year monitoring period represents roughly 83% of the pro-rata lifetime expectation, indicating modest under-delivery rather than over-crediting.
Red Flags
- Registry status is On Hold per the notification letter, meaning credits are suspended pending resolution of an unspecified issue
- Seven contradictions across documents, including conflicting statements on whether FPIC was conducted, whether a grievance mechanism exists, and whether benefit-sharing is described
- Leakage deduction of 0% with justification only 'deemed negligible' — no quantitative analysis provided in the verification report
- Baseline is project-specific rather than jurisdictional, and the last reassessment date is not stated in any available document
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2013 | 129,761 | 124,407 | 5,354 | |
| 2014 | 298,866 | 0 | 298,866 | |
| 2015 | 206,076 | 0 | 206,076 | |
| 2016 | 268,336 | 159,759 | 108,577 | |
| 2017 | 126,040 | 37,010 | 89,030 | |
| Total | 1,029,079 | 321,176 | 707,903 |
Risk Indicators
VVB-confirmed investment test
22% buffer, no reversal events
0% deduction, thin justification
Project-specific, no reassessment date
FPIC and grievance confirmed but contradicted by appendix
CORSIA and CCP status not stated
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