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Lomi Becomes First Home Food Recycling Appliance Approved As A Verified Carbon Credit

May 1, 2024 by Techcouver Newsdesk Leave a Comment

Smart food recycler Lomi has been awarded first-in-class certification as an approved methane emissions reduction methodology for decentralized organic waste processing.

The Kelowna-based company received approval from the Gold Standard Technical Advisory Committee for its new, groundbreaking methodology, titled ‘Reduction in Methane Emissions from Landfills Through Decentralised Organic Waste Processing’.

Gold Standard is known as the global benchmark for the highest integrity and greatest impact on climate and development initiatives.

As a Gold Standard certified quantification approach, Lomi’s methodology, developed in consultation with Carbonomics, is recognized as a means to accelerate progress toward the Net-Zero ambition of the Paris Climate Agreement while further catalyzing impact towards sustainable development.

Aligned with Lomi’s mission to drive conscious environmental practices through the evolution of the food waste management system, this groundbreaking methodology will help individuals and municipalities process food scraps on-site to avoid hauling food waste to landfills and avoid the associated GHG emissions, resulting in Gold Standard Verified Emissions Reductions (GS VERs).

“As the first home appliance methodology to receive a Gold Standard approval, Lomi demonstrates leadership in the global effort to reduce carbon emissions,” stated Jeremy Lang, Co-founder and Head of Sustainability and Regeneration of Lomi.

“The Gold Standard approval signifies the meaningful impact that the Lomi system can have in terms of reducing carbon emissions in our communities.”

Lomi’s emission reductions, once verified, will be traded on carbon markets, allowing credit purchasers to directly support the project.

The proceeds will be used to deploy Lomi food recyclers into new communities, keeping valuable food scraps out of landfills and increasing the Lomi community’s positive impact on society and the environment.

Gold Standard was established in 2003 by the World Wide Fund for Nature and other international non-governmental organizations to ensure projects that reduced carbon emissions featured the highest environmental integrity levels and contributed to sustainable development.

Filed Under: News Tagged With: Lomi, Pela

 

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