Southern Cardamom
#32of 69 in REDD+#10of 12 in Cambodia#567of 629 in Verra (VCS)
Audit Analysis
The project has some positive signals, including VVB-confirmed additionality, a jurisdictional baseline last reassessed in 2024, a 10% buffer contribution, and no reversals reported in the extracted record. However, the verification material also shows many findings and corrective actions, low extraction confidence, and several contradictions that reduce confidence in the reliability of the claims.
Red Flags
- The verification record includes many findings, including 19 CARs, 11 CLs, 63 NCRs, and a FAR tied to stakeholder consultation and participation.
- There are contradictions on key issues such as leakage treatment, baseline method, additionality test type, reversal status, and crediting period, which weakens trust in the extracted evidence.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2015 | 1,609,113 | 1,379,800 | 229,313 | |
| 2016 | 1,981,604 | 1,335,320 | 646,284 | |
| 2017 | 1,972,074 | 124,536 | 1,847,538 | |
| 2018 | 3,994,038 | 691,890 | 3,302,148 | |
| 2019 | 4,003,969 | 225,731 | 3,778,238 | |
| 2020 | 4,139,716 | 151,349 | 3,988,367 | |
| 2021 | 3,846,317 | 576,470 | 3,269,847 | |
| Total | 21,546,831 | 4,485,096 | 17,061,735 |
Risk Indicators
VVB-confirmed investment test
Buffer present, but reversal contradiction
Quantified 0% deduction, but contradictory history
Jurisdictional baseline, reassessed in 2024
FPIC and grievance mechanism present, but findings remain
CORSIA-eligible and CCP-approved
Where to buy
Marketplaces
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