#USA #New York #Carbon Credits #Chestnut Carbon #Forest Conservation

Chestnut Carbon's Groundbreaking Forest Conservation Initiative

In a significant move towards sustainable environmental practices, Chestnut Carbon has successfully launched its first issuance of Improved Forest Management (IFM) carbon credits. This initiative marks a major step for the company, which focuses on utilizing nature-based solutions to address climate change. On February 26, 2025, it was announced that the company has successfully sold over 64,000 tons of carbon removal credits, raising a remarkable $2.2 million in revenue from various global financial service corporations, including the notable JPMorganChase.

What Are Improved Forest Management Credits?

The credits issued under this program are sourced from Chestnut Carbon's conservation initiative, known as “Forest Carbon Works.” The program targets private forest owners across the United States, enabling them to tap into income-generating carbon markets while maintaining the legacy and ecological integrity of their land. As of this announcement, more than 150,000 acres of land across 36 states are enrolled in this initiative, demonstrating a broad commitment to forest conservation.

One of the defining features of these carbon removal credits is their certification through Verra on the voluntary carbon market (VCM). Each credit goes through rigorous third-party audits to ensure compliance and integrity, making Chestnut's offerings some of the highest quality available in the market. Ben Dell, the CEO of Chestnut Carbon, expressed immense pride in bringing these carbon removal credits to market, underscoring how the quality and integrity of their offerings are reflected in the premium pricing for their credits.

The Unique Attributes of Chestnut's Carbon Removal Credits

Distinctively, Chestnut Carbon's credits are focused solely on measuring carbon removal, setting them apart from most IFM credits that typically blend avoidance and removal measurement. This specificity aligns with the growing demand from sustainability-focused companies for effective carbon solutions. Furthermore, the credits stem from conservation efforts that protect at-risk forests across the U.S., providing landowners with viable alternative revenue streams compared to traditional timber harvesting.

The conservation easements tied to member land deeds ensure carbon is stored for over 60 years, offering a more secure and long-lasting impact on carbon reduction compared to other IFM programs, which generally promise only around 40 years of carbon storage.

About Chestnut Carbon

Founded in 2022, Chestnut Carbon is at the forefront of developing nature-based carbon removal credits. With the support of Kimmeridge, a respected energy-focused alternative asset manager, the company produces high-quality, U.S.-based forest carbon offsets that are both additional and verifiable. Their proprietary, technology-driven approach aims to accelerate the journey toward attaining net-zero emissions across various industries.

The team behind Chestnut Carbon is seasoned, with backgrounds spanning forestry, carbon regulation, environmental science, finance, and land management. This diverse expertise drives their innovative strategies and commitment to environmental stewardship.

As the world faces pressing climate challenges, initiatives like Chestnut Carbon's are critical in fostering sustainable practices and advancing the global carbon market. For further insights, visit Chestnut Carbon's website.