Sodo Ethiopia
GS-511 ↗ · current registry ID: GS3007
#11of 36 in Ethiopia#881of 1801 in Gold Standard (GS)
Audit Analysis
The Sodo Ethiopia afforestation project (GS-511) shows a 30% buffer pool and no reversal events, but the most recent verification report (2023) indicates additionality was not confirmed by the VVB, a project-specific baseline with no recorded reassessment, and a 0% leakage deduction supported only by a generic 'quantified' label. The extensive list of material findings and corrective actions—spanning SOP inconsistencies, missing HR/safeguard documentation, and inventory issues exceeding materiality thresholds—undermine confidence in the project's MRV rigor and safeguard compliance.
Red Flags
- Additionality was NOT verified by the VVB in the 2023 verification report, contradicting the 2017 report which confirmed it—suggesting the additionality claim has lapsed or was not sustained
- Fourteen-plus material findings and nine corrective actions required, including SOP inconsistencies in slope correction, azimuth, and DBH measurement that were flagged in prior verifications and remain unresolved
- 0% leakage deduction justified only by the word 'quantified' with no described methodology or quantification in the extracted record
- VVB field measurements showed 5.9% higher DBH and 14% lower height than the project developer's survey, indicating measurement reliability concerns
- Multiple safeguard-related CARs (child labor, sexual harassment, anti-corruption, health & safety) indicate HR and safeguard documentation was incomplete at verification
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2008 | 8,844 | 5,933 | 2,911 | |
| 2009 | 10,249 | 8,198 | 2,051 | |
| 2010 | 10,811 | 10,811 | 0 | |
| 2011 | 11,654 | 11,654 | 0 | |
| 2012 | 12,217 | 12,217 | 0 | |
| 2013 | 12,779 | 12,779 | 0 | |
| 2014 | 13,341 | 13,341 | 0 | |
| 2015 | 14,103 | 14,103 | 0 | |
| 2016 | 16,789 | 16,733 | 56 | |
| 2017 | 10,855 | 9,915 | 940 | |
| 2018 | 10,855 | 10,855 | 0 | |
| 2019 | 10,855 | 10,855 | 0 | |
| 2020 | 10,855 | 10,855 | 0 | |
| 2021 | 9,483 | 8,141 | 1,342 | |
| 2022 | 8,982 | 0 | 8,982 | |
| 2023 | 8,482 | 0 | 8,482 | |
| 2024 | 8,482 | 0 | 8,482 | |
| 2025 | 8,482 | 0 | 8,482 | |
| 2026 | 8,482 | 0 | 8,482 | |
| 2027 | 8,482 | 0 | 8,482 | |
| 2028 | 7,007 | 0 | 7,007 | |
| 2029 | 6,506 | 0 | 6,506 | |
| 2030 | 6,506 | 0 | 6,506 | |
| 2031 | 6,506 | 0 | 6,506 | |
| 2032 | 6,506 | 0 | 6,506 | |
| 2033 | 6,506 | 0 | 6,506 | |
| 2034 | 6,506 | 0 | 6,506 | |
| 2035 | 6,506 | 0 | 6,506 | |
| 2036 | 6,506 | 0 | 6,506 | |
| Total | 274,137 | 156,390 | 117,747 |
Risk Indicators
Not VVB-verified in 2023 report
mixed evidence / unresolved risk
0% deduction, thin justification
Project-specific, no reassessment date
FPIC done, but multiple CARs on HR docs
CORSIA/CCP status not stated
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