Livelihoods' mangrove restoration grouped project in Senegal

Audit Analysis

A long-running mangrove restoration project in Senegal (since 2009) with VVB-confirmed additionality, a 10% buffer pool, and no reported reversal events. However, the project-specific baseline, a 0% leakage deduction, and several unquantified parameters (FNRB, usage rates) limit confidence in the robustness of the credit claims. Documentation is reasonably complete across 19 sources but carries medium extraction confidence and four outstanding corrective actions.

Project Description

Red Flags

• ⚠Leakage deduction of 0% for a mangrove restoration project where displaced land-use activities are a plausible risk; the 2021 verification report labels the justification as 'quantified' while the 2014 verification described it as 'deemed negligible', creating ambiguity about the analytical basis.
• ⚠Four corrective actions remain open from the 2021 verification, including the requirement to provide the final net GHG emission reduction value for the second verification period, suggesting the verified figure of 253,934 tCO₂e may not yet be fully settled.
• ⚠Baseline is project-specific and the date of last baseline reassessment is not stated in any available document; the project started in 2009, making a 10-year reassessment due around 2019, yet no reassessment is documented in the 2021 verification report.

Credit Vintages