La Veta

Audit Analysis

La Veta is a biomass storage project in the United States registered on Puro.earth with a VVB-confirmed combined additionality test and no reported reversal events. However, the verification report identified five material findings—including non-compliant sampling procedures, missing scope-3 vehicle emissions, and unsupported project-specific parameters—each requiring corrective action. The project delivered roughly 494% of the pro-rata ex-ante expectation for the elapsed monitoring period, a large over-delivery that warrants scrutiny, and key MRV parameters (FNRB, usage monitoring method, buffer pool) are absent from the available record.

Project Description

Red Flags

• ⚠Five material findings in the verification report, including sampling procedures that do not satisfy the methodology's statistical requirements (Section 2.1, Rules 4.1.4, 6.4.3, 6.4.4)
• ⚠Verified ERR of 850.18 tCO₂e is approximately 494% of the pro-rata ex-ante expectation (~172 tCO₂e) for the 8.5-month monitoring period, indicating a large over-delivery relative to the lifetime estimate of 1,205.67 tCO₂e
• ⚠No buffer pool percentage stated in the available record despite inherent reversal risk from biomass decay and fire
• ⚠Project-specific parameters (35% Ox, 1% FCH4) lack supporting evidence and require ongoing justification in future reporting periods
• ⚠Only one document (the verification report) is available; no PDD, separate monitoring report, or baseline documentation was found

Credit Vintages Exhausted