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ScoredVCSAgriculture Forestry and Other Land UseCanadaVintage 2018, 2019, 2020, 2021Registry: Under validationVM0012

BigCoast Forest Climate Initiative

Developer: Mosaic Forest Management Corporation

VCS-3018 ↗

Worked comparison example (English)

Under validation

An independent validator is checking the project design, or the registry is reviewing a registration request. The project, or its new phase, is not registered yet.

The vintages below predate the current status. Any offer to sell new credits from this project is a forward commitment on possible future issuance.

Verra: “Registration requested”

Assessment

CarbonMeld document-based assessment

01020304 Overall 5.6 / 10
Integrity 🔒 Transparency 🔒 Claim Safety 🔒 Documentation 🔒
Dimension scores are locked — the faint arcs are empty tracks, not zero scores.

Scale 0–10 · method weights: integrity 35% · transparency 25% · claim safety 25% · documentation 15%.

Scored2026-10-12medium confidenceLatest verified period ends: 2021-12-31

evidence:25/26registry documents read · 2red flags

Generated by CarbonMeld Analysis Pipeline · Methodology · Editorial Policy · About the System
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Analysis

BigCoast Forest Climate Initiative (Canada) improves forest management to increase carbon stocks (VCS IFM) (Improved Forest Management (IFM) in Temperate and Boreal Forests (LtPF)) under VM0012 Improved Forest Management in Temperate and Boreal forests (LtPF) v1.2; registry status Under validation (VCS), 1,394,513 credits issued (vintages 2018–2021). The documents name SCS Global Services as validation / verification body. A verification is recorded (registry or documents). The registry determined an excess issuance of 673,710 credits (its statement on the excess issuance of 2025-04-11); it records all of it as remedied by cancellation. The registry set a condition on further issuance (its letter of 2026-05-28).

Red Flags

2 red flags detected — Unlock with Premium

Findings

Risk Indicators

Additionality

🔒

Permanence

🔒

Leakage

🔒

Baseline

🔒

Safeguards

🔒

Double-claim

🔒

Risk indicator details are a Premium feature

Score Breakdown

Score factors per dimension are a Premium feature — Unlock with Premium

Detailed Analysis

The detailed per-dimension analysis is a Premium feature — Unlock with Premium

Evidence

Unlock the full analysis

Per-dimension scores, risk indicators, 2 red flags, score factors, detailed analysis, and 26 registry documents (25 read).

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Eligibility & market

What can you claim with this credit?

Four checks buyers ask about, from the registry and the Integrity Council (ICVCM).

  • Airlines (CORSIA)

    Pilot phase only (2021–2023)

    Eligible only for the pilot phase: not usable for the current 2024–2026 phase.

    Source: registry label

  • Integrity label (ICVCM CCP)

    Methodology under ICVCM assessmentVM0012

    The Integrity Council has not decided on this methodology yet.

    Source: ICVCM assessment

  • Removal or reduction

    Not determined

    The registry data do not say whether these credits are removals or reductions.

  • Paris Agreement (Article 6)

    No Article 6 authorization

    No corresponding adjustment: the host country can also count this reduction towards its own target.

    Source: registry label

Information only, from public sources. Claim rules (CORSIA, SBTi, EU rules on green claims) change: check them before making a public claim. Since 27 September 2026, EU consumer rules do not allow “climate neutral” product claims based on offsets.

Registry labels last checked:2026-10-11

Credit Vintages

IssuedRetiredAvailable
2018
310,64051,225101,230
2019
337,812122,6370
2020
362,323277,5125,050
2021
383,73834,591128,558
Total1,394,513485,965234,838

Methodology versions used

The methodology version stated in each monitoring, verification and issuance document, by period, compared with the official methodology pages.

  1. 2018–2021VM0012 v1.2current version

    monitoring report

    official page · verified on

  • VM0012: Active (Verra / Verified Carbon Standard) · official page · verified on

A version is shown only when the document's own text writes it next to the methodology code. Current versions, status and CCP ranges come from the official pages linked, checked on the date shown.

Documents on the registry

Retired by

Organisations named as beneficiaries in the registry's public retirement records. (+22)

Where to buy

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Marketplaces

ClimateTrade

~19.5/tCO2

Vintage 2018, 2019, 2020, 2021

595000 available

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Profile & governance

Analysis ProvenanceVM0012 Improved Forest Management in Temperate and Boreal forests (LtPF) v1.2
Methodology·Editorial Policy·About the System

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