Þröm í Skagafirði

Audit Analysis

The Þröm í Skagafirði forest carbon project (ICR-332) presents an almost entirely empty evidentiary record: only a single project design document was available, and nearly every critical parameter—additionality, baseline, leakage, permanence, safeguards, and monitoring—is absent. While the VVB (Enviance) is named and no material findings or corrective actions are reported, the absence of any verification or monitoring data makes it impossible to confirm the integrity or safety of the 22,367 tCO₂e claimed.

Project Description

Red Flags

• ⚠No additionality test type or VVB confirmation of additionality found in any available document
• ⚠No baseline method or baseline reassessment date stated for a sequestration project
• ⚠No leakage deduction or justification provided for a forestry project where displacement is a known risk
• ⚠No buffer pool percentage or permanence risk mitigation documented for a tree-planting project
• ⚠No monitoring period, verified ERR, or FNRB data available to validate the 22,367 tCO₂e claim
• ⚠Leakage not addressed in project documentation
• ⚠Buffer pool size not disclosed in available documents

Credit Vintages