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ICRSequestration / RemovalISGeneral Methodologyv2.0

Saltvík, Norðurþing

ICR-329 ↗

#29of 38 in ARR (afforestation)#4of 12 in IS#19of 32 in Intl. Carbon Registry (ICR)

1.5/ 10
Integrity
1.0
Transparency
1.0
Claim Safety
2.5
Documentation
2.0

Audit Analysis

The Saltvík forest carbon project in Iceland is documented solely through a project design document with no verification or monitoring reports available. Critical elements including additionality testing, baseline methodology, buffer pool allocation, and leakage quantification are entirely absent from the extracted record, making it impossible to assess the robustness of the 45,503-tonne lifetime sequestration claim.

Red Flags

  • No additionality test type or VVB verification of additionality found in any available document
  • No baseline methodology stated for a forest sequestration project
  • No buffer pool percentage or quantified permanence mechanism; reversal risk addressed only qualitatively
  • No leakage deduction or justification provided for a project type where displacement is expected
  • Only a single PDD document available; no verification report or monitoring report in the record
  • Leakage not addressed in project documentation
  • Buffer pool size not disclosed in available documents

Credit Vintages

IssuedRetiredAvailable
2031
4080408
2032
4320432
2033
4610461
2034
4860486
2035
5210521
2036
5550555
2037
5920592
2038
6350635
2039
6800680
2040
7270727
2041
7770777
2042
8330833
2043
8890889
2044
9500950
2045
1,01401,014
2046
1,07801,078
2047
1,14601,146
2048
1,21101,211
2049
1,28001,280
2050
1,34901,349
2051
1,41101,411
2052
1,47401,474
2053
1,52901,529
2054
1,57601,576
2055
1,60901,609
2056
1,63001,630
2057
1,63201,632
2058
1,61601,616
2059
1,58201,582
2060
1,52901,529
2061
1,46101,461
2062
1,38301,383
2063
1,29601,296
2064
1,20501,205
2065
1,11401,114
2066
1,02401,024
2067
9420942
2068
8650865
2069
7930793
2070
7280728
2071
6690669
2072
6180618
2073
5710571
2074
5290529
2075
4940494
Total45,304045,304

Risk Indicators

Additionality

No additionality test found

Permanence

Qualitative mitigation only, no buffer

Leakage

No leakage treatment stated

Baseline

Baseline method not stated

Safeguards

Mentioned but not detailed

Double-claim

CORSIA/CCP status not stated

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Analysis ProvenanceScored2026-08-18General Methodology v2.0

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