Lumin/Eucapine Uruguay Forest Plantations On Degraded Grasslands Under Extensive Grazing

Audit Analysis

A VCS forestry project in Uruguay with a verified investment-test additionality assessment, a 10% buffer pool, and no reported reversal events. However, ten contradictions across the document set—including conflicting ERR figures within the same monitoring report, a 40-year discrepancy in the crediting period, and inconsistent treatment of leakage and safeguards—undermine confidence in the data's internal consistency. The project-specific baseline and the absence of CORSIA/CCP status information leave material uncertainty about claim safety.

Project Description

Red Flags

• ⚠Two different ERR figures (4,799,002 and 6,140,066) appear in the same 2021 monitoring report, creating an unresolved internal inconsistency in the verified credit quantity.
• ⚠The crediting period is stated as 100 years (2006–2106) in the 2013 verification report but 60 years (2006–2066) in the 2021 monitoring report, a 40-year discrepancy that materially affects pro-rata credit expectations.
• ⚠Leakage is recorded as 'deemed negligible' with a 0% deduction in the verification report, yet the 2021 appendix states leakage was 'not addressed,' leaving the justification basis unclear.
• ⚠CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed.

Credit Vintages