REDD+ Project Pueblos indígenas resguardando la selva
#41of 261 in Soil carbon#25of 124 in Colombia#419of 1339 in Verra (VCS)#5of 29 in VM0015
Audit Analysis
A VCS REDD+ project in Colombia with a 27% buffer pool, VVB-verified combined additionality test, and FPIC/grievance mechanisms in place, but undermined by a 0% leakage deduction (contradicting the PDD's 25%), boundary overlaps with two other projects, and under-delivery at roughly 73% of the pro-rata expectation for the elapsed monitoring period. The extensive list of resolved material findings and corrective actions indicates a rigorous verification process, yet several data gaps and contradictions reduce confidence in the final figures.
Red Flags
- Leakage deduction of 0% in the validation report contradicts the PDD's 25% figure; for a REDD+ project where deforestation displacement is a primary risk, a zero deduction is difficult to justify even with a 'quantified' label
- Boundary overlaps of 14.121 ha with AZICATCH and 50.447 ha with Project REDD++ PANI (ID 3145) create a tangible double-claiming risk that was flagged in stakeholder comments
- NPV of the alternative land use (selective logging) is 19.1% higher than the project, weakening the economic additionality case despite the VVB-verified combined test
- Disputes over access and use rights identified in buffer areas covering 4% of the initial project area
- Reversal events are listed as 'not addressed' in the verification report, even though a 27% buffer pool exists
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2017 | 155,060 | 153,060 | 2,000 | |
| 2019 | 1,285 | 1,285 | 0 | |
| 2020 | 310,036 | 310,036 | 0 | |
| Total | 466,381 | 464,381 | 2,000 |
Risk Indicators
VVB-verified combined test
27% buffer pool; reversals not explicitly addressed
0% deduction contradicts PDD 25%; justification vague
Project-specific; reassessment date not stated
FPIC, grievance mechanism, benefit sharing documented
Boundary overlaps with AZICATCH and PANI; CORSIA/CCP not stated
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