Pierce County Forest Carbon Offsets
#221of 389 in United States#54of 59 in City Forest Credits (CFC)
Audit Analysis
A Pierce County urban reforestation project under the City Forest Credits standard with verified additionality and a 5% buffer pool, but significant concerns around an unaddressed leakage component, a baseline that was downgraded from jurisdictional to project-specific between PDD versions, 40% tree loss from flooding, and a verified ERR that is roughly 270% of the linear pro-rata expectation for the elapsed period. The VVB is an individual rather than an accredited body, and several key MRV fields remain unreported.
Red Flags
- Leakage deduction is not stated in any available document despite a project type (tree planting in a flood-prone riparian corridor) where displacement of carbon stocks is plausible
- 40% tree loss estimated from 2021 flooding and heatwave (material findings in the verification report) yet no reversal event was formally triggered; the VVB concluded minimum stocking thresholds were still met
- Verified ERR of 1,835 tCO₂e is approximately 270% of the linear pro-rata expectation (~680 tCO₂e) for the ~3.9-year elapsed period out of a 26-year crediting period, raising over-crediting questions
- Baseline method changed from 'jurisdictional' in the 2021 PDD to 'project' in the 2025 PDD, a downgrade in baseline rigor
- The VVB is an individual (Matthew Lee) rather than an accredited verification body, raising independence and capacity concerns
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 459 | 0 | 459 | |
| 2025 | 1,835 | 0 | 1,835 | |
| Total | 2,294 | 0 | 2,294 |
Risk Indicators
Combined test verified by VVB
mixed evidence / unresolved risk
Not addressed in any document
Project-specific; downgraded from jurisdictional
Safeguards mentioned; FPIC and grievance not stated
CORSIA and CCP status not stated
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