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Carbon Done Right Seeks New Investment for Validated Sierra Leone Carbon Project

Story Highlights
  • Carbon Done Right is seeking new investment to expand its validated Sierra Leone reforestation project from 2,500 to potentially 25,000 hectares.
  • The Sierra Leone RML project’s Verra VM0047 validation and Sylvera rating enhance its premium carbon market appeal and support Carbon Done Right’s growth strategy.
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Carbon Done Right Seeks New Investment for Validated Sierra Leone Carbon Project

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Earl Resources Limited ( (TSE:KLX) ) just unveiled an update.

Carbon Done Right Developments is seeking new strategic investment for its afforestation and reforestation project in Sierra Leone, building on a pre-purchase agreement covering 2,500 hectares planted since 2023. The company has mapped an initial 5,000-hectare area, with potential expansion to at least 25,000 hectares, underscoring its ambition to scale nature-based carbon credit generation in West Africa.

The Sierra Leone RML project has been validated under Verra’s new restoration protocol VM0047 and has received a pre-issuance rating from Sylvera, boosting its credibility in premium carbon markets. With strong community backing and independent oversight of its consent process, the initiative positions Carbon Done Right to attract additional partners and capital, reinforcing its role as a supplier of high-value tropical forest restoration credits.

More about Earl Resources Limited

Carbon Done Right Developments Inc., listed on the TSXV and FSE, is an owner and operator of nature-based carbon assets focused on high-quality carbon credits from afforestation and reforestation projects it develops and owns. The company targets global corporate buyers seeking to meet Net Zero goals by investing in the restoration and protection of terrestrial and marine ecosystems across jurisdictions including Sierra Leone, Yucatan, Guyana and Suriname.

Average Trading Volume: 245,100

Technical Sentiment Signal: Sell

Current Market Cap: C$633.4K

For an in-depth examination of KLX stock, go to TipRanks’ Overview page.

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