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GSA/REthiopiaAR-AM0003

Sodo Ethiopia

GS-511 ↗ · current registry ID: GS3007

#11of 36 in Ethiopia#881of 1801 in Gold Standard (GS)

5.0/ 10
Integrity
4.5
Transparency
5.5
Claim Safety
6.0
Documentation
4.0

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

IssuedRetiredAvailable
2008
8,8445,9332,911
2009
10,2498,1982,051
2010
10,81110,8110
2011
11,65411,6540
2012
12,21712,2170
2013
12,77912,7790
2014
13,34113,3410
2015
14,10314,1030
2016
16,78916,73356
2017
10,8559,915940
2018
10,85510,8550
2019
10,85510,8550
2020
10,85510,8550
2021
9,4838,1411,342
2022
8,98208,982
2023
8,48208,482
2024
8,48208,482
2025
8,48208,482
2026
8,48208,482
2027
8,48208,482
2028
7,00707,007
2029
6,50606,506
2030
6,50606,506
2031
6,50606,506
2032
6,50606,506
2033
6,50606,506
2034
6,50606,506
2035
6,50606,506
2036
6,50606,506
Total274,137156,390117,747

Risk Indicators

Additionality

Not VVB-verified in 2023 report

Permanence

mixed evidence / unresolved risk

Leakage

0% deduction, thin justification

Baseline

Project-specific, no reassessment date

Safeguards

FPIC done, but multiple CARs on HR docs

Double-claim

CORSIA/CCP status not stated

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Analysis ProvenanceScored2026-09-06AR-AM0003

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