Base Carbon Issues 639,609 Carbon Credits from Rwanda Project Under New Verra Standards

Base Carbon Inc. has announced the successful issuance of 639,609 carbon credits from its Rwanda Cookstoves Project, marking a significant operational milestone. This fourth issuance is the first to be completed following the project's transition to Verra’s high-integrity VM0050 methodology. The new methodology is designed to strengthen the credits' compliance alignment and overall market value within international carbon markets. Additionally, the credits are expected to receive CORSIA eligibility tagging, making them suitable for use in the international aviation offsetting sector. This issuance provides Base Carbon with tangible inventory for revenue generation while validating its adherence to rigorous ESG standards. The move reinforces the company's strategic positioning and valuation as it navigates the evolving regulatory landscape of global carbon credits.

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