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ICRSequestration / RemovalISGeneral Methodologyv2.0

SR Mýrar

ICR-3 ↗

#34of 38 in ARR (afforestation)#8of 12 in IS#26of 32 in Intl. Carbon Registry (ICR)

1.0/ 10
Integrity
0.5
Transparency
0.5
Claim Safety
2.0
Documentation
1.5

Audit Analysis

The SR Mýrar project (Icelandic forest carbon sequestration) has an identified VVB (iCert Vottunarstofu) and a stated investment additionality test, but virtually all other critical integrity, transparency, and claim-safety data points are absent from the extracted record. With only two documents available (one of unknown type), low extraction confidence, and no monitoring, baseline, permanence, or leakage data, the project cannot be meaningfully assessed on any dimension beyond the most basic identification.

Red Flags

  • No permanence protection (buffer pool or reversal risk management) documented for a sequestration/removal project
  • No leakage assessment or deduction stated for an ARR project where displacement is a recognised risk
  • No baseline methodology or reassessment date found in any available document
  • Low extraction confidence and one document of unknown type undermine reliability of the entire record
  • No monitoring period, claimed ERR, or verified ERR available to assess delivery or over-crediting
  • Leakage not addressed in project documentation
  • Buffer pool size not disclosed in available documents

Credit Vintages

IssuedRetiredAvailable
2027
1790179
2028
1960196
2029
2170217
2030
2400240
2031
2660266
2032
2950295
2033
3260326
2034
3610361
2035
3990399
2036
4400440
2037
4830483
2038
5280528
2039
5750575
2040
6210621
2041
6680668
2042
7100710
2043
7500750
2044
7840784
2045
8110811
2046
8300830
2047
8400840
2048
8420842
2049
8350835
2050
8190819
2051
7940794
2052
7640764
2053
7270727
2054
6880688
2055
6450645
2056
6020602
2057
5580558
2058
5150515
2059
4750475
2060
4360436
2061
4000400
2062
3660366
2063
3350335
2064
3080308
2065
2820282
2066
2610261
2067
2400240
2068
2220222
2069
2060206
2070
1920192
2071
1780178
Total22,209022,209

Risk Indicators

Additionality

Investment test stated; VVB verification not confirmed

Permanence

No buffer pool or reversal protection documented

Leakage

No leakage assessment or deduction found

Baseline

Baseline method and reassessment not stated

Safeguards

No FPIC, grievance mechanism, or safeguards documented

Double-claim

CORSIA and CCP status not stated

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Analysis ProvenanceScored2026-08-18General Methodology v2.0

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