Published by Todd Bush on February 12, 2025
NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Chestnut Carbon ("Chestnut"), a nature-based carbon removal developer, today announced that its Sustainable Restoration Project became the first U.S.-based project verified through the Forest Stewardship Council (FSC®) Verified Impact program for Biodiversity Conservation – Restoration of Natural Forest Cover. This verification certifies that Chestnut's forest management practices have quantified positive impacts on biodiversity conservation by restoring over 16,000 acres to native forestlands in the United States.
>> In Other News: New Indices Signal Rising Carbon Credit Quality and Market Stability
Forest Carbon Works, a division of Chestnut, has held an FSC certificate (FSC180518) since 2022. Verified Impact enhances project credibility by providing third-party verification under the trusted FSC brand. The procedure has enabled FSC certificate holders to quantify and showcase their impacts on factors including watersheds, carbon sequestration, soil conservation, recreational services, and species diversity. By restoring these lands to natural and native forests, the project creates forest ecosystems that promote high biodiversity and create habitats for local species.
"We are excited that Chestnut has added the FSC Ecosystem Services Verified Impacts to their FSC Forest Management certificate. This is the first time it has been applied in the United States," said Thomas Kain, Senior Manager, U.S. Certification and Business Development at the Forest Stewardship Council.
Chestnut plans to restore hundreds of thousands of acres to vibrant and complex ecosystems over the 100-year project lifetime. This certification further strengthens Chestnut's project quality and reputation for delivering carbon removal credits of the highest integrity and climate impact.
"It is an honor to be recognized by FSC for our carbon removal projects' commitment to biodiversity, and we are especially proud to be the first U.S. project to achieve this milestone," said Shannon Smith, Chief Commercial Officer of Chestnut Carbon. "In pursuit of our goal to remove 100 million tons of carbon dioxide from the atmosphere, we will continue to conserve and restore forestland across the U.S. and support long-term conservation of ecosystems in the process."
In addition to the FSC certification, Chestnut's project meets the most rigorous verification criteria from Gold Standard. The resulting carbon removals would not have occurred in the absence of carbon markets, making them the very definition of additional. Chestnut stands behind the long-term durability of its carbon removal efforts through private land ownership and risk mitigation practices.
Chestnut Carbon ("Chestnut") is a leading developer of nature-based carbon removal credits. Founded in 2022 with the support of energy-focused alternative asset manager Kimmeridge, Chestnut generates U.S.-based, high-quality forest carbon offsets that are additional and verifiable to accelerate the path to net zero across a range of industries. Chestnut uses a proprietary approach to developing forest carbon offset projects on family-owned forestland and marginal crop and pastureland. Chestnut's expertise is driven by an experienced team, whose diverse backgrounds include forestry, carbon regulation, environment, finance, and land management. For additional information on Chestnut, its strategies, and environmental stewardship, please visit Chestnut Carbon.
SOURCE: Chestnut Carbon
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 📈 Carbon Capture's 120x Challenge: Who's Actually Delivering While McKinsey Calls for Scale ♻️ Emvolon and Montauk Renewables Announce Launch of Joint Venture to Convert Biogas i...
Inside This Issue 💸 Prometheus Slashes Cost of Carbon Capture by More Than 80%, Unlocking Affordable E-Fuels as a New Source of 24/7 Carbon Neutral Power 🌱 Pinwheel Opens Global Call for High-Impa...
Inside This Issue ⚡ The Energy Source That Could Survive Trump’s Attack on California’s Green Ambitions 🌍 Carbon Business Council Expands European Footprint to Support the Continent’s Carbon Remov...
KLEEN HY-DRO-GEN INC., Announces Launch of World’s first Zero-Emissions Hydrogen Furnace
Hydrogen Tech Company to list on the Canadian Securities Exchange in September 2025 under the Ticker: KLN TORONTO (GLOBE NEWSWIRE) — KLEEN HY-DRO-GEN INC., a Canadian clean energy company, has off...
Following the successful completion of a field demonstration, the new joint venture seeks to develop projects to generate up to 50K metric tons of green methanol annually by 2030 WOBURN, Mass.– Au...
US Player’s Direct Air Capture Hub Moving Toward Operations
Capture trains for Occidental's Stratos shift to commissioning ahead of 2025 startup Occidental’s first direct air capture (DAC) hub is set to begin capturing carbon dioxide later this year, Occid...
Landus Creates New Premium Opportunities with Clean Fuel Regulation Initiative
Farmers can easily enroll their 2025 crop in the program starting in August DES MOINES, Iowa / PRNewswire/ -- Iowa farmers have a new market opportunity for their 2025 soybean crop. Landus is expa...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.