Verra has finalized the Methodology Change and Requantification Procedure for two of DelAgua’s projects. Projects 4150 (Rwanda) and 4000 (The Gambia) will receive 3,084,172 and 344,515 credits respectively under the latest VM0050 v1.0 cookstove methodology. The credits previously issued, and to be cancelled under VMR0006, have been reassessed to ensure credibility and compliance with the latest methodology. These are the first requantified credits to be issued by VERRA following the completion of all required guidelines and audits conducted by an independent third-party Validation and Verification Body (VVB). Additionally, all future issuances will also be under the VM0050 methodology.

The requantification process allows for previously issued credits to be adjusted, taking into consideration updated monitoring techniques and default values to align with VM0050. This included direct measurement of stove usage (Kitchen Peformance Tests) and reassessed the project baseline to account for natural progress in the project area. VM0050 incorporates the latest scientific understanding ensuring the credibility of every credit generated and sold. This gives confidence to buyers and investors, while supporting global decarbonization efforts.

The credits under this methodology align with rigorous standards set to guarantee integrity in the carbon market for schemes such as CORSIA and DelAgua is now looking to Verra to approve insurance policies in the coming weeks as the final step to supplying CORSIA credits.

Euan McDougall DelAgua CEO: “Impact and integrity are at the core of what we do, and this requantification milestone is a testament to that. These credits, combined with our recent 3699 issuance under VM0050 mean we expect to have more than 3 million CORSIA credits available annually starting from Q4 2025. This will allow us to continue to invest to unlock access to clean cooking for rural communities across Africa. This is transformational for health, education, gender equity, economy, environment and nature: no other carbon credit delivers so many immediate life changing impacts.”

This issuance comes after the announcement of DelAgua’s Project 3699 credit issuance under VM0050, placing DelAgua in pole position to supply CORSIA eligible credits having secured Letters of Authorization in both countries and continuously working with Governments to make Corresponding Adjustments.

For more information on DelAgua programmes, please contact:
Kate Bruges, Communications Director [email protected]
Euan McDougall Chief Executive Officer [email protected]