Independent review and audit
Review and audit as a distinct service
Ecological assessments, natural capital accounts and carbon project documents are long and technical, and they often determine whether a project proceeds. The people relying on them are rarely ecologists.
Verdea provides technical review of this work. That covers whether the survey or measurement effort was adequate, whether the method was applied correctly, and whether the conclusions follow from the data collected.
Built projects carry biodiversity conditions for the life of the operation, and most require periodic independent audit. Mines, wind and solar farms, transmission lines, roads and ports all fall into this category. Verdea audits what was approved against what has happened on the ground.
- Clearing limits and disturbance boundaries
- Offset site delivery, security and management
- Rehabilitation and revegetation against completion criteria
- Weed, pest and fire management obligations
- Whether the monitoring programme is being run as approved
- Annual environmental performance reporting on biodiversity
Review work is kept separate from assessment work. Where Verdea reviews a project, it has no other involvement in that project.
- Regulators
- Adequacy and method review before determination
- Lenders
- Biodiversity due diligence against IFC Performance Standard 6
- Indigenous groups
- Independent assessment of proposals affecting customary land
- Donors
- Verification of biodiversity outcomes in funded programmes
- Proponents
- Review of draft assessments before submission
- Operators
- Periodic compliance audit of approval conditions
- Carbon buyers
- Assessment of biodiversity claims made by projects