on Ostrom Climate Solutions Inc (isin : CA6886041079)
Ostrom Climate Supports New Rice Methane Reduction Methodology
Ostrom Climate Solutions Inc. has endorsed the recently unveiled VM0051 methodology by Verra for rice methane reduction, marking a significant advancement in reinforcing emission reduction projects' credibility. This update by Verra facilitates more extensive eligible activities and enhanced monitoring, aligning with Ostrom's commitment to high-integrity climate action.
Ostrom is initiating the registration of its Upper Pampanga River Climate-Smart Agriculture Rice Project in the Philippines under this new methodology. The project, covering approximately 100,000 hectares, aims to cut methane emissions by up to 48% per hectare through improved rice cultivation practices.
In leadership updates, Raniela R. Rabe joins as Project Director for UPRIIS, bringing extensive experience in carbon project development. The company also announces the departure of Phil Cull, redistributing his responsibilities to maintain strategic continuity.
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