Rice provides ~20% of human dietary energy and, for many people, a similar share of their protein. Rice cultivation, however, produces significant greenhouse gas (GHG) emissions, comparable to those from the aviation sector. The main GHG from rice production is methane, mostly a result of conventional rice cultivation (CRC) keeping rice fields continuously flooded during the crop cycle. There is extensive evidence that alternate wetting and drying (AWD) of rice fields substantially reduces methane emissions. AWD is one component of the System of Rice Intensification (SRI), an agroecological approach to the management of plants, water, soil, and nutrients. This article reviews field studies measuring GHG emissions associated with the adoption of AWD and SRI. The review confirms that both AWD and SRI offer substantial reductions in methane emissions per hectare compared with CRC. These benefits are, however, partly offset by increases in emissions of nitrous oxide and carbon dioxide. The studies also show that SRI (but not AWD) improves yield and therefore further reduces GHG emissions per kg of rice. The review concludes that while both AWD and SRI substantially reduce emissions per hectare and per kilogram of rice, SRI can simultaneously contribute to food security while addressing the drivers of climate change. Further investigation of carbon emissions and sequestration under different rice cultivation methods is needed to strengthen the evidence base.