Brightly secures first Verra carbon credits for food waste reduction project
Brightly, a food waste and climate solutions company, has secured the first issuance of Verra carbon credits for a project that diverts edible food from waste streams. The project generated 721,649 Verified Carbon Units (VCUs) from 3.1 billion pounds of qualifying rescued food between March 2020 and December 2023. These credits were issued under Verra's VM0046 methodology, with SCS Global Services providing independent validation and verification, and BeZero Carbon assigning an 'A' ex-ante rating. Most net proceeds from credit sales will be returned to the 198 Feeding America partner food banks and 28 independent food rescue organisations across the U.S. that participated in the project. This initiative establishes a new funding stream for food rescue operations, supporting infrastructure and expansion.
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