Pacajai REDD+ Project
#65of 99 in REDD+#162of 211 in Brazil#1145of 1339 in Verra (VCS)#24of 29 in VM0015
Audit Analysis
The Pacajai REDD+ project (VCS-981) is currently On Hold in the VCS registry, with six outstanding corrective actions and eleven cross-document contradictions undermining data reliability. While a buffer pool of 11.75% is in place and no reversal events were reported for the 2012–2017 monitoring period, the additionality test type and VVB verification status are directly contradicted across documents, and the project-specific baseline lacks a documented reassessment. The 0% leakage deduction is supported by a 'quantified' justification in the 2020 verification report but is contradicted by the 2021 monitoring report, which states leakage was not addressed.
Red Flags
- Registry status is 'On Hold' per the VCS notification letter, indicating unresolved compliance issues
- Six corrective actions remain open, including missing land ownership records, absent land-use change analysis, and no declaration of non-participation in other GHG mechanisms
- Additionality test type is contradictory: the 2013 validation report records an investment test, while the 2020 PDD records a barrier test; the 2023 validation report states additionality was NOT verified by the VVB, directly contradicting the 2020 verification report
- Eleven cross-document contradictions span ERR figures, safeguards, FPIC, grievance mechanism, buffer pool percentage, and leakage treatment, severely undermining data reliability
- Leakage deduction is 0% with a 'quantified' justification in the 2020 verification report, yet the 2021 monitoring report states leakage was 'not addressed'
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2009 | 20,388 | 17,549 | 2,839 | |
| 2012 | 1,577,866 | 1,145,213 | 432,653 | |
| 2013 | 1,573,291 | 1,315,435 | 257,856 | |
| 2014 | 1,586,360 | 1,184,826 | 401,534 | |
| 2015 | 1,750,093 | 1,032,215 | 717,878 | |
| 2016 | 1,542,996 | 1,174,347 | 368,649 | |
| 2017 | 1,682,101 | 1,050,977 | 631,124 | |
| Total | 9,733,095 | 6,920,562 | 2,812,533 |
Risk Indicators
Contradictory test type and VVB verification status
Buffer pool present, no reversals, but 2013 appendix silent
0% deduction with contradictory justification across docs
Project-specific, no reassessment date documented
FPIC and grievance mechanism reported inconsistently
CORSIA excluded, CCP status not stated
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