Base Carbon's Rwanda project to receive carbon credits

Executive Summary

• Verra approved Base Carbon’s Rwanda cookstoves project to use the CORSIA‑compliant VM0050 methodology, enabling requantification of existing credits and issuance of new ones.
• Post‑requantification inventory is expected to rise to roughly 1.0–1.2 million CORSIA‑aligned carbon credits, positioning the company for premium pricing in compliance markets.
• Management will discuss this milestone and broader business outlook at an investor town‑hall Zoom webinar on September 30, 2025.

Key Details

• Methodology Approval: Verra’s VM0050 (Energy Efficiency & Fuel‑Switch Measures in cookstoves, v1.0) is now approved for Base Carbon’s Rwanda project.
• Requantification Scope: Previously issued credits will be re‑measured under VM0050; future credits from the same project will also be generated under this methodology.
• CORSIA Alignment: Credits issued under VM0050 satisfy CORSIA standards, making them eligible for delivery into the Carbon Offsetting and Reduction Scheme for International Aviation and other Article 6 compliance markets once Verra finalizes adjustment‑insurance requirements (expected soon).
• Inventory Impact: Revised inventory balance projected at ≈1.0 M – 1.2 M CORSIA‑aligned carbon credits.
• Market Outlook: Independent forecasts suggest Phase 1 CORSIA credit prices could range from US$26 to US$63 per tonne (2024‑2026), implying a material uplift in the value of Base Carbon’s inventory.
• Strategic Significance: Transition to VM0050 is described as “a watershed moment” that converts the company’s holdings into premium, compliance‑grade assets with higher monetization potential.
• Investor Town Hall:
• Date & Time: Tuesday, Sept. 30, 2025 at 11 a.m. EDT
• Format: Zoom webinar (registration required)
• Purpose: Business update and Q&A with management; contact [email protected] for pre‑submission of questions.

Notable Quotes

“The transition of the Rwanda cookstoves project to the latest VM0050 methodology marks a watershed moment and a further proof of concept for Base Carbon's business strategy,” – Michael Costa, CEO
“Corsia is a powerful catalyst for value creation… This requantification significantly increases the value of our inventories and portfolio for our shareholders.” – Michael Costa, CEO