Urunday Afforestation Project

Audit Analysis

The Urunday Afforestation Project is a 30-year removal credit project under Argentina's CMARK standard, verified by a university-based programme (UNLP). Additionality is confirmed and a 10% buffer pool is in place, but critical permanence and leakage safeguards are underdeveloped for a removal credit, and the monitoring system was not yet operational at the time of verification. The project shows over-delivery relative to its pro-rata expectation, which is encouraging, but the regional standard and several documentation gaps limit confidence.

Project Description

Red Flags

• ⚠Reversal events are explicitly 'not addressed' in the verification report for a removal credit project, despite a 10% buffer being allocated
• ⚠Leakage deduction is 0% with only a 'deemed negligible' justification, which is weak for an afforestation project where displaced land-use or harvest diversion is plausible
• ⚠Corrective action requires the project to 'implement the declared monitoring system,' indicating MRV was not operational at verification
• ⚠No FPIC or grievance mechanism is documented, despite safeguards being mentioned in general terms

Credit Vintages

No issuances recorded on the registry.

Il marketplace dichiara i vintage: 2025 (non verificato).