Sustainable Agroforestry Cacao Meta, Colombia

Audit Analysis

The Sustainable Agroforestry Cacao Meta project has a solid core design with VVB-verified additionality, a 26% buffer pool, and no reported reversal events. However, the verification process surfaced 6 critical-level findings, 18 corrective actions, and 2 further actions, alongside a project-specific baseline and a 0% leakage deduction justified only as 'deemed negligible.' The ERR figures also show a material discrepancy between the monitoring report and verification report, reducing confidence in the reported credit volume.

Project Description

Red Flags

• ⚠6 critical-level findings, 18 corrective actions, and 2 further actions raised during verification — an unusually high number indicating significant documentation and design gaps
• ⚠ERR discrepancy: the monitoring report reports 56,103 tCO₂e while the verification report (same date, 2025-07-31) reports 41,516 tCO₂e — a 26% gap unexplained in the extracted record
• ⚠0% leakage deduction justified only as 'deemed negligible' in the validation report, while the PDD (2024) described leakage as 'quantified' — the contradiction is unresolved
• ⚠Project-specific baseline rather than a jurisdictional or standardised baseline, with no recorded reassessment date
• ⚠CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed

Credit Vintages