MAHARASHTRA AND GUJARAT INITIATIVE FOR REGENERATIVE AGRICULTURE AND INCOME CREATION

Audit Analysis

A VCS soil-carbon regenerative agriculture project in India with a verified combined additionality test, a 20% buffer pool, and documented FPIC and grievance mechanisms. However, the absence of any verified monitoring-period ERR data, a project-specific baseline, a shift in leakage justification from 'quantified' to 'deemed negligible' between validation reports, and multiple cross-document contradictions (notably a ~15% discrepancy in lifetime ERR) limit confidence in the credit claims. The project remains in the validation phase with no independently verified credits yet issued.

Project Description

Red Flags

• ⚠Lifetime ERR differs by ~15% between the PDD (7,389,027 tCO2e, Feb 2026) and the earlier validation report (6,413,280 tCO2e, Dec 2024); the higher figure was adopted after updated soil sampling (n=47) but the basis of the revision is not fully transparent.
• ⚠Leakage justification shifted from 'quantified' in the December 2024 validation report to 'deemed negligible' in the April 2026 validation report, with the 0% deduction resting on a baseline survey rather than a quantified estimate.
• ⚠No verified monitoring-period ERR figure is available in the extracted record; the project's 4-year monitoring window (May 2020 – Apr 2024) has no independently verified output to anchor the lifetime claim.
• ⚠The most recent validation report (Apr 2026) lists reversal events as 'not addressed,' whereas the earlier report (Dec 2024) stated 'none reported'—the absence of explicit treatment in the latest document is a documentation gap for a soil-carbon project with inherent reversal risk.

Credit Vintages

No issuances recorded on the registry.