Reforestation of Degraded Forest Reserve Land in Ghana
#13of 80 in ARR (afforestation)#11of 21 in Ghana#42of 99 in CerCarbono (CC)#28of 97 in AR-ACM0003
Audit Analysis
A Ghanaian reforestation project under the CerCarbono standard with VVB-confirmed additionality and a 15% buffer pool, but undermined by a project-specific baseline, a thin 'deemed negligible' leakage justification, reversal events flagged as not addressed by the VVB, and multiple contradictions between the verification, validation, and issuance documents. The project delivered roughly 16% of the linear pro-rata expectation for the elapsed monitoring period, which is low but partially explainable by the sigmoid growth curve of young trees.
Red Flags
- The verification report (AENOR, Dec 2023) states reversal events were 'not addressed' in the project documentation, while the monitoring report claims 'none reported' — the VVB's independent finding is privileged and indicates a gap in permanence risk management.
- Five fields show contradictions between documents (safeguards, buffer pool %, verified ERR, claimed ERR, reversal events), reducing confidence in the internal consistency of the project record.
- Leakage deduction is 0% with only a 'deemed negligible' justification — no quantified analysis or site-specific reasoning is provided in the extracted record.
- Minimum extraction confidence is rated low, indicating at least one key document was poorly readable, which limits the reliability of the extracted data.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2012 | 606 | 0 | 606 | |
| 2013 | 1,016 | 0 | 1,016 | |
| 2014 | 2,134 | 0 | 2,134 | |
| 2015 | 2,528 | 0 | 2,528 | |
| 2016 | 3,316 | 0 | 3,316 | |
| 2017 | 3,710 | 0 | 3,710 | |
| 2018 | 4,651 | 0 | 4,651 | |
| 2019 | 5,015 | 0 | 5,015 | |
| 2020 | 6,334 | 0 | 6,334 | |
| 2021 | 7,837 | 0 | 7,837 | |
| 2022 | 8,461 | 0 | 8,461 | |
| 2023 | 8,591 | 0 | 8,591 | |
| Total | 54,199 | 0 | 54,199 |
Risk Indicators
VVB-confirmed combined test
15% buffer but reversal events not addressed per VVB
0% deduction, 'deemed negligible' only
Project-specific, reassessment timing not stated
FPIC and grievance present, documentation contradictory
CORSIA and CCP status not stated
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