Lomi awarded first-in-class certification as an approved methane emissions reduction methodology for decentralised organic waste processing.
Lomi, the world’s first Smart Waste™ food recycler, has 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 was established in 2003 by the World Wide Fund for Nature and other international non-governmental organisations to ensure projects that reduced carbon emissions featured the highest environmental integrity levels and contributed to sustainable development. 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 recognised as a means to accelerate progress toward the Net-Zero ambition of the Paris Climate Agreement while further catalysing 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.
“The best way to reduce emissions associated with landfill is to ensure that the waste never reaches the landfill in the first place,” stated Margaret Kim, CEO of Gold Standard. “This new methodology unlocks the use of carbon credit revenue to support projects that process waste at the household or commercial level, enable the production of valuable by-products such as fertilisers, and eliminate the emissions caused by transporting waste to landfill sites.”
Lomi units are currently found in more than 200,000 households worldwide. Through the use of the home device, the Lomi community has diverted up to 300 million pounds of food waste from landfills and saved up to 34,000 metric tonnes of CO2e emissions to date.