TAILIEUCHUNG - Validation Assessment Report for: Producción, Industrialización, Comercialización y Asesoría de Hule Natural, Sociedad Anónima (PICA) in Guatemala

Rubber production on small-scale farming systems in Thailand is a secured way for farmers to gain constant income for their livelihood. Besides, rubberwood farming systems are easy to maintain because silviculture costs are mainly present at the preparation and planting stages. Economic risks to small-scale rubber farmers are not that significant because farmers always have the possibility to substitute their income source by switching into alternative farming products. For instance, if latex price is low, farmers may decide to clear their land and sell rubberwood to a sawmill. Also, farmers have the possibility to intercrop. | Validated by Rainforest Alliance 65 Millet St. Suite 201 Richmond VT 05477 USA Tel 802-434-5491 Fax 802-434-3116 Carbon Forestry Validation Audit Managed by Mesoamerica Regional Office Rainforest Alliance SmartWood Program 8a Avenida 15-62 Zone 10 Guatemala Guatemala Tel 502 2383 - 5757 Fax 502 2383 - 5788 Contact person Adolfo Lemus Email alemus@ 1 VOLUNTARY V I CARBON V V KJ I STANDARD w Rainforest Alliance SmartWood Program Validation Assessment Report for Producción Industrialización Comercialización y Asesoría de Hule Natural Sociedad Anónima PICA in Guatemala Date Final Report Issued Date Draft Final Report Issued Date Draft Report Issued Audit Dates Lead Auditor Second Audit Team Member Senior Internal Reviewer Audit Standard Validation Code s Validation Statement Issued Project Latitude Longitude Project Proponent Contact Project Proponent Address 26 October 2010 22 September 2010 30 June 2010 20 to 22 April 2010 William Arreaga Jared Nunery Adam Gibbon VCS Nov 2008 Voluntary Carbon Standard Program Update 21 January 2010 VCS Tool for AFOLY Methodological Issues Nov 2008 VCS Guidance for AFOLU Projects Nov 2008 VCS Program Guidelines Nov 2008 VCS Tool for AFOLU Non-Permanence Risk Analysis and Buffer Determination Nov 2008 VCS Program updates. RA-VAL-VCS-013806 26 October 2010 Lat Long Ing. Glenda Lee Coordinadora de Econegocios 7a. Avenida 7-33 Zona 9 Guatemala City Guatemala Doc. No. C-56 May2010 Page 1 Voluntary Carbon Standard 2007 Validation Report Name of Verification company Date of the issue Rainforest Alliance 26 October 2010 Report Title Approved by PiCa_VCS valid 10 Adam Gibbon Client Project Title Producción Industrialización Comercialización y Asesoría de Hule Natural Sociedad Anónima PICA Promoting Sustainable Development through Natural Rubber Tree Plantations in Guatemala Summary This project is designed to promote sustainable development through the establishment of natural rubber

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