Planeta Agradecido con el Resguardo indígena Bajo Río Guainía y Río Negro II

Audit Analysis

This REDD+ project in Colombia's Guainía region has the structural elements of a credible carbon project—VVB-verified additionality, a jurisdictional baseline, a 5% buffer pool, and no reported reversals—but is undermined by an unusually high volume of material findings (22+), a missed ex-ante deforestation reduction target (32% achieved vs. 83% expected), a double-counting concern between projects of the same owner, and significant contradictions across verification documents. The project delivered roughly 31% of the pro-rata ex-ante expectation for the 2022 monitoring period, which is conservative but raises questions about baseline accuracy.

Project Description

Red Flags

• ⚠Project achieved only 32% of its ex-ante deforestation reduction target (83% expected) in 2022, with 402 ha of deforestation (89% attributed to natural wind events)
• ⚠Hallazgo 19 identifies possible double counting in the leakage area between projects of the same project owner
• ⚠Buffer pool percentage contradicts across documents: 5% in the September 2024 verification report vs. 12.2% in the June 2024 monitoring report
• ⚠Total ERR claimed differs by nearly 100× between the validation report (14.9 million tCO2e) and the July 2024 verification report (150,176 tCO2e), creating serious data reliability concerns
• ⚠Project not registered in RENARE (Colombia's national REDD+ registry) due to platform maintenance, and prior consultation evidence before the Ministry of Interior is missing

Credit Vintages