Orizon CarbonCrop Rewards Programme
#1of 261 in Soil carbon#5of 59 in South Africa#78of 1339 in Verra (VCS)#1of 25 in VM0042
Audit Analysis
The Orizon CarbonCrop Rewards Programme is a VCS soil-carbon project in South Africa with a solid additionality assessment (combined test, VVB-confirmed), a 20% buffer pool, and no reversal events over the first four-year monitoring period. The project delivered roughly 53% of its pro-rata ex-ante expectation, indicating conservative crediting. Main concerns are the project-specific baseline, a 0% leakage deduction with a thin justification, and several unresolved documentation gaps (FNRB method, CORSIA status, usage monitoring).
Red Flags
- Leakage deduction of 0% with justification characterised as 'quantified' in the monitoring report but 'deemed negligible' in the PDD — for a cropland soil-carbon project, displaced emissions from altered land management are plausible and the thin justification warrants scrutiny.
- Eight Non-Conformity Reports were raised during verification (including a project-area reduction from 16,108 to 15,547 ha and a methodology deviation for enteric fermentation equations), all closed but indicating initial documentation weaknesses.
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2018 | 9,061 | 299 | 8,762 | |
| 2019 | 8,784 | 0 | 8,784 | |
| 2020 | 11,100 | 800 | 10,300 | |
| 2021 | 8,998 | 331 | 8,667 | |
| 2022 | 17,216 | 100 | 17,116 | |
| Total | 55,159 | 1,530 | 53,629 |
Risk Indicators
Combined test, VVB-confirmed
20% buffer, no reversals, 25-yr CP
0% deduction, thin justification
Project-specific, mixed data
FPIC, grievance, safeguards documented
CORSIA/CCP status not stated
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