Base Carbon Announces Receipt of First Correspondingly Adjusted Article 6 Authorized Carbon Credits
Receipt of these carbon credits from the Rwanda cookstoves project is an important Company milestone, marking Base Carbon’s second project to transition from the development stage to active carbon credit generation, as well as an important industry milestone, being the first Article 6 Authorized labeled carbon credits issued by Verra.
- Receipt of these carbon credits from the Rwanda cookstoves project is an important Company milestone, marking Base Carbon’s second project to transition from the development stage to active carbon credit generation, as well as an important industry milestone, being the first Article 6 Authorized labeled carbon credits issued by Verra.
- 717,558 Article 6 Authorized labeled carbon credits have been transferred to the Company.
- The carbon credits transferred to the Company are part of Verra’s first ever correspondingly adjusted Article 6 Authorized carbon credits.
- The Company believes that the correspondingly adjusted carbon credits with Verra’s Article 6 Authorized designation will expand the pool of buyers with potential pricing upside.