Terms
- Not ranked
- Offtake, therefore not eligible for carbon financing league table
- Announced
- 10 Sept 2026
- Instrument
- Offtake
- Amount
- 1,000,000 tCO2eNo cash value disclosed
- Source
- prnewswire.com
Parties
- Project developer
- Mitti Labs
- Country
- India
- Buyers
Carbon
- Pathway
- Rice methane (AWD)
- Project type as recorded
- Rice methane reduction through alternate wetting and drying
What happened
- Google to purchase one million carbon credits from Mitti Labs by 2030, cutting methane from rice farming across 100,000 hectares and more than 70,000 smallholder farms in India.
Kumo note
- One million credits from smallholder rice, a pathway that has struggled to reach contract scale because the emission reduction is spread across tens of thousands of tiny plots. The buyer advances no capital: Mitti Labs funds the transition from its own equity.
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