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ICRSequestration / RemovalSAAR-AM0014

MAADEN MANGROVE PLANTATION PROJECT

ICR-380 ↗

#11of 11 in Blue carbon#7of 7 in SA#135of 154 in Intl. Carbon Registry (ICR)#14of 14 in AR-AM0014

2.2/ 10
Integrity
2.5
Transparency
1.0
Claim Safety
3.0
Documentation
2.0

Audit Analysis

The Maaden Mangrove Plantation Project is in a very early design stage with only a PDD available. Critical elements including additionality assessment, baseline methodology, buffer pool, and permanence mechanisms are absent from the extracted record, making it impossible to validate the 356,011 tCO₂e lifetime claim. The 0% leakage deduction paired with a 'quantified' justification is internally inconsistent and raises over-crediting concerns for a blue-carbon sequestration project.

Red Flags

  • No additionality test type or VVB verification found in the PDD — a mandatory element for any carbon credit project
  • No baseline methodology stated in the PDD, making the 356,011 tCO₂e ex-ante lifetime estimate unverifiable
  • No buffer pool percentage specified for a sequestration project where mangrove mortality and dieback are realistic reversal risks
  • 0% leakage deduction despite 'quantified' justification label — internally inconsistent and unusual for a plantation project where displaced natural vegetation or adjacent ecosystem impacts are plausible
  • No VVB identified and no verification report available — project has not undergone independent verification

Credit Vintages

IssuedRetiredAvailable
2025
7440744
2026
1,79801,798
2027
2,60502,605
2028
3,41103,411
2029
4,21804,218
2030
5,02505,025
2031
5,83105,831
2032
6,63806,638
2033
7,44507,445
2034
8,25108,251
2035
9,05809,058
2036
9,86509,865
2037
10,671010,671
2038
11,478011,478
2039
12,285012,285
2040
13,091013,091
2041
13,898013,898
2042
14,705014,705
2043
15,511015,511
2044
16,318016,318
2045
17,125017,125
2046
17,931017,931
2047
18,738018,738
2048
19,545019,545
2049
20,351020,351
2050
21,158021,158
2051
21,965021,965
2052
22,771022,771
2053
23,578023,578
Total356,0080356,008

Risk Indicators

Additionality

No additionality test found in PDD

Permanence

No buffer pool; no reversals yet

Leakage

0% deduction with 'quantified' label — inconsistent

Baseline

No baseline method stated

Safeguards

Mentioned but no FPIC or grievance detail

Double-claim

CORSIA and CCP status not stated

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Analysis ProvenanceScored2026-09-08AR-AM0014

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