Virridy Reaches Authorization Milestone from Rwanda for Carbon-Financed School Water Project

Kigali, Rwanda and Boulder, CO – July 28, 2025 –

Virridy is proud to announce that the Republic of Rwanda has formally authorized its Amazi Meza Rwanda Water Supply Project for Schools under Article 6.2 of the Paris Agreement, marking a rare and highly significant milestone in the global Voluntary Carbon Market.

The Rwanda Environment Management Authority (REMA), acting as Rwanda’s Designated National Authority under the Paris Agreement, issued the authorization over 700,000 tonnes of CO₂ equivalent in emission reductions over a five-year crediting period. These credits—generated under the Gold Standard methodology for emission reductions from safe drinking water supply—are now officially recognized as Internationally Transferred Mitigation Outcomes (ITMOs) under Article 6 of the Paris Agreement.

This authorization allows carbon credits from the project to be transferred internationally and used toward other countries’ or companies’ climate goals, and make them eligible for use under new regulatory markets such as the CORSIA aviation framework. Importantly, the authorization includes a ‘corresponding adjustment,’ which ensures these credits are not also counted toward Rwanda’s own national climate targets, preventing double counting and ensuring full compliance with the rules of the Paris Agreement.

“This is one of the first examples globally of a voluntary carbon project receiving Article 6.2 authorization with a corresponding adjustment,” said Evan Thomas, CEO of Virridy. “It shows that real, community-scale infrastructure—like safe water for schoolchildren—can meet the highest standards of environmental integrity under the Paris Agreement.”

Providing clean drinking water to schools in Rwanda

The Amazi Meza project provides clean drinking water to schools in Rwanda using decentralized purification systems. These systems reduce the need for boiling water, which in many communities is done over wood or charcoal fires. By avoiding this source of greenhouse gas emissions, the project both improves health outcomes and generates climate benefits—now recognized at the highest international level.

This development signals the growing maturity of climate finance frameworks and highlights Rwanda’s leadership in building high-integrity carbon markets that deliver both environmental and community impact.

For more information, visit virridy.com.