VTRM Renewable Energy
#893of 1935 in Renewable energy#59of 211 in Brazil#562of 1339 in Verra (VCS)#703of 1287 in ACM0002
Audit Analysis
VTRM Renewable Energy is a multi-farm wind project in Brazil verified by RINA under ACM0002, with a solid combined additionality test and a project-specific baseline appropriate for the methodology. However, the most recent verification report (October 2025) records that FPIC was not conducted, leakage justification is absent, and benefit sharing is not described, while multiple corrective actions across reporting cycles reveal recurring data-accuracy issues. The low extraction confidence and unresolved contradictions between documents temper confidence in the overall record.
Red Flags
- FPIC was not conducted according to the most recent verification report (Oct 2025), contradicting an earlier report that stated it was done
- Leakage justification is recorded as 'not addressed' in the October 2025 verification report, despite a 0% deduction being applied
- Seven corrective actions (CARs) were raised in the latest verification cycle, including incorrect energy values, missing calibration certificates, and incomplete MR sections
- Min extraction confidence is rated low, indicating at least one key document was poorly readable
- CORSIA eligibility and CCP status are not stated in any available document
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2016 | 7,107 | 7,107 | 0 | |
| 2017 | 528,551 | 528,551 | 0 | |
| 2018 | 1,448,555 | 1,121,201 | 327,354 | |
| 2020 | 89,049 | 89,049 | 0 | |
| 2021 | 370,656 | 205,969 | 164,687 | |
| 2022 | 409,442 | 64,251 | 345,191 | |
| 2023 | 382,112 | 295,547 | 86,565 | |
| 2024 | 215,791 | 196,350 | 19,441 | |
| Total | 3,451,263 | 2,508,025 | 943,238 |
Risk Indicators
Combined test, VVB-confirmed
Wind energy – no reversal risk
0% deduction, justification absent in latest report
Project-specific, appropriate for ACM0002; method contradict
Grievance mechanism present; FPIC not conducted per 2025 rep
CORSIA and CCP status not stated
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