Lyngdalur Áfangi I

Audit Analysis

The available record for Lyngdalur Áfangi I (ICR-407, Iceland, sequestration/removal) contains virtually no extractable project data: no methodology, no VVB, no baseline, no additionality test, no permanence or leakage treatment, and no ERR figures. The single document of unknown type was read with low confidence, leaving every critical quality dimension unassessable. This project cannot be meaningfully evaluated on the evidence available.

Project Description

Red Flags

• ⚠No additionality assessment, baseline method, or VVB verification found in any available document — core integrity pillars are entirely absent from the record
• ⚠Sequestration/removal project with no buffer pool percentage, no reversal-event history, and no permanence mechanism documented — critical for a carbon-removal credit
• ⚠No leakage deduction or justification stated for a forestry/land-sector project where displacement is a recognised risk
• ⚠Only one document of unknown type was available and was read with low extraction confidence; the project name itself could not be confirmed from the record
• ⚠No ERR figures (claimed or verified) available, making over- or under-crediting impossible to assess
• ⚠Leakage not addressed in project documentation
• ⚠Buffer pool size not disclosed in available documents

Credit Vintages