ESPL was contracted by Future Carbon Holding S.A to conduct the verification of GCC project activity “Brigida and Bon Nome Renewable Energy Project”, in Brazil. The verification was performed based on rules and requirements defined by GCC for the project activity.

ESPL commenced the verification based on the baseline and monitoring methodology CDM methodology ACM0002 – Grid-connected electricity generation from renewable sources – version 21.0 and draft available PSF.

ESPL’s verification approach is based on the understanding of the risks associated with reporting the PA, the monitoring system and the controls to be implemented to mitigate GHG emissions. ESPL planned and performed the verification by obtaining evidence, other information and explanations that ESPL considered necessary to perform the tasks.

The verification team confirms, based on the last version of PSF, that:

·     the PA is in accordance with all relevant host country criteria (Brazil) and GCC Project Standard, Verification Standard, Environment and Social Safeguards Standard, Project Sustainability Standard and all applicable rules, requirements and clarifications;

·     the PA is in accordance with all conditions of the latest version at the time of GSC of applied methodology CDM methodology ACM0002 – Grid-connected electricity generation from renewable sources – version 21.0;

·     the global and local stakeholders’ consultation has been performed in accordance with host country and GCC requirements;

·     the additionality of the PA was correctly demonstrated;

·     the monitoring plan is transparent, adequate and it is in accordance with the applied methodology;

·     all information has been consistently applied in the PSF;

·     the PA is not likely to cause any net-harm to the environment and/or society and complies with the Environmental and Social Safeguards Standard, and is likely to achieve Environmental No-net-harm Label (E⁺), Social No-net-harm Label (S⁺) and to contribute to the achievement of United Nations Sustainable Development Goals (SDGs);

·     the PA complies with all the applicable requirements of the GCC Program and ICAO’s requirements on CORSIA Emissions Unit Eligibility Criteria and CORSIA Eligible Emissions Units. Therefore, it is requested to GCC Steering Committee to append CORSIA Certification label (C+) to this project when the Host Country Attestation on Double Counting required by CORSIA is provided during the emission reduction verification;

·     the PA is likely to achieve the estimated of 120,137 tCO₂e per year