Carbon Done Right: Expanding Nature-Based Carbon Credits
Thursday, Nov 14, 2024 7:26 am ET
2min read Carbon Done Right Developments Inc. (TSXV: KLX), a leading provider of high-quality carbon credits, recently provided a strategic update to shareholders, highlighting its progress and upcoming priorities. The company's focus on nature-based carbon assets sets it apart in the market, as it invests in the exploration, restoration, and management of terrestrial and marine systems to enhance greenhouse gas sequestration and restore degraded ecosystems.
One of Carbon Done Right's flagship projects is the Sierra Leone Rewilding project, which is one of the first under the new Verra restoration protocol. The company has completed a third season of planting in Sierra Leone and is shifting its focus to maintenance and fire management. The project's validation work is largely complete, allowing for expansion to at least 25,000 ha of planting. This expansion could significantly boost the project's carbon credit production capacity, with the initial 5,000 ha potentially yielding up to 1.7m tonnes of validated and verified Verra carbon credits over 30 years. Assuming a linear increase in production with expansion, 25,000 ha could potentially generate 6.8m tonnes, a 347% increase. Given an average carbon credit price of $20/tonne, this expansion could add $136m to the project's lifetime revenue, significantly enhancing the company's long-term financial projections.
Carbon Done Right has been committed to ensuring that any credits produced within its pipeline are tradeable under Article 6.2 and/or 6.4 of the Paris Agreement. The company is supporting relevant governments in the development of additional regulatory requirements to meet this goal. This commitment aligns with the company's dedication to environmental stewardship and its robust pipeline of carbon credit projects. By supporting relevant governments in developing additional regulatory requirements, Carbon Done Right is positioning itself as a trusted partner to the largest buyers of carbon credits in the world, in the fight against climate change.
The company has prioritized fundraising efforts at the project level with specialized equity and joint venture partners to maintain the same level of planting effort in 2025 and to expand the project pipeline. This project-level fundraising strategy is pivotal to Carbon Done Right's growth and sustainability. By prioritizing specialized equity and joint venture partners, the company maintains planting efforts and expands its project pipeline. This approach allows for targeted investment in specific projects, reducing dilution and preserving shareholder value. Moreover, it enables Carbon Done Right to align interests with investors focused on the success of individual projects, fostering a collaborative environment for growth.
Carbon Done Right's commitment to nature-based carbon assets, government partnerships, and regulatory alignment positions it well for continued growth and success in the carbon credit market. As the demand for carbon credits continues to grow, companies like Carbon Done Right that focus on high-quality, sustainable carbon credits will be well-positioned to capitalize on this trend. Investors seeking exposure to the growing carbon credit market should consider Carbon Done Right as a potential investment opportunity.
One of Carbon Done Right's flagship projects is the Sierra Leone Rewilding project, which is one of the first under the new Verra restoration protocol. The company has completed a third season of planting in Sierra Leone and is shifting its focus to maintenance and fire management. The project's validation work is largely complete, allowing for expansion to at least 25,000 ha of planting. This expansion could significantly boost the project's carbon credit production capacity, with the initial 5,000 ha potentially yielding up to 1.7m tonnes of validated and verified Verra carbon credits over 30 years. Assuming a linear increase in production with expansion, 25,000 ha could potentially generate 6.8m tonnes, a 347% increase. Given an average carbon credit price of $20/tonne, this expansion could add $136m to the project's lifetime revenue, significantly enhancing the company's long-term financial projections.
Carbon Done Right has been committed to ensuring that any credits produced within its pipeline are tradeable under Article 6.2 and/or 6.4 of the Paris Agreement. The company is supporting relevant governments in the development of additional regulatory requirements to meet this goal. This commitment aligns with the company's dedication to environmental stewardship and its robust pipeline of carbon credit projects. By supporting relevant governments in developing additional regulatory requirements, Carbon Done Right is positioning itself as a trusted partner to the largest buyers of carbon credits in the world, in the fight against climate change.
The company has prioritized fundraising efforts at the project level with specialized equity and joint venture partners to maintain the same level of planting effort in 2025 and to expand the project pipeline. This project-level fundraising strategy is pivotal to Carbon Done Right's growth and sustainability. By prioritizing specialized equity and joint venture partners, the company maintains planting efforts and expands its project pipeline. This approach allows for targeted investment in specific projects, reducing dilution and preserving shareholder value. Moreover, it enables Carbon Done Right to align interests with investors focused on the success of individual projects, fostering a collaborative environment for growth.
Carbon Done Right's commitment to nature-based carbon assets, government partnerships, and regulatory alignment positions it well for continued growth and success in the carbon credit market. As the demand for carbon credits continues to grow, companies like Carbon Done Right that focus on high-quality, sustainable carbon credits will be well-positioned to capitalize on this trend. Investors seeking exposure to the growing carbon credit market should consider Carbon Done Right as a potential investment opportunity.
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