Regenerative Agriculture with small holder farming communities of Bangladesh

Audit Analysis

A VCS ALM soil-carbon project in Bangladesh with VVB-confirmed additionality and a 28% buffer pool, but undermined by a 4.8× discrepancy between the PDD and validation report on lifetime ERR, a 0% leakage deduction with no justification in the most recent validation report, and three open forward action requests. The absence of any verified ERR figure and low extraction confidence across 12 documented contradictions make it difficult to confirm that claimed credits are safely supported.

Project Description

Red Flags

• ⚠Lifetime ERR differs by a factor of ~4.8 between the PDD (1,840,000 tCO₂e) and the validation report (381,928 tCO₂e); the PDD figure may have been used for initial registration
• ⚠Leakage deduction is 0% and the most recent validation report (Dec 2025) records the justification as 'not addressed', while the earlier validation report (Mar 2024) stated 'deemed negligible' — no quantitative leakage analysis is on file
• ⚠Buffer pool percentage is 28% in the PDD but 16.25% in an appendix; the applicable VCS requirement for VM0017 is not clearly reconciled
• ⚠Three Forward Action Requests remain open at validation, including establishing a clear benefit-sharing mechanism and documenting individual farmer land holdings
• ⚠No verified ERR figure is available for the 2022–2024 monitoring period, so actual delivery cannot be assessed against the pro-rata expectation

Credit Vintages

No issuances recorded on the registry.