Recycling Roadways for Carbon Emission Reductions – Global Emissionairy – U.S. Project #1

Audit Analysis

This VCS construction project (VM0039, roadway recycling) has a VVB-confirmed additionality assessment and no reported reversal events, but is undermined by numerous material findings, contradictory data between the verification report and monitoring report, a 0% leakage deduction lacking clear justification, and a significant under-delivery of only ~20% of the pro-rata lifetime expectation for the elapsed monitoring period. The low extraction confidence and 12 outstanding corrective actions further erode confidence in the project's data integrity.

Project Description

Red Flags

• ⚠Project delivered only ~20% of the pro-rata lifetime expectation (21,116 tCO2e verified vs ~104,900 tCO2e expected for the 22-month monitoring period out of the 400,616 tCO2e PDD lifetime estimate), raising questions about baseline validity or project activity levels
• ⚠11 material findings and 12 corrective actions remain open, including insufficient evidence on double-counting avoidance with constructors and unclear additionality (FSB vs asphalt emulsion)
• ⚠Leakage deduction of 0% with contradictory justification: the verification report states leakage was 'not addressed' while the monitoring report claims it was 'deemed negligible'
• ⚠Additionality test type is inconsistent: the verification report identifies a 'performance' test while the monitoring report references a 'combined' test
• ⚠CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed

Credit Vintages