Carbon Done Right Invites Expressions of Interest in Sierra Leone ARR Project

Core Insights - Carbon Done Right Developments Inc. is seeking additional investment for its ongoing afforestation and reforestation project in Sierra Leone, which currently has 2,500 hectares planted under a pre-purchase agreement signed in 2023 [1] - The RML project has been validated under Verra's new restoration protocol, VM0047, and has received a pre-issuance rating from Sylvera, indicating strong community support and adherence to fair practices [2] - The project aims to expand from an initial mapped area of 5,000 hectares to a total size of at least 25,000 hectares, focusing on planting and restoring degraded lands with native tree species [2] Company Overview - Carbon Done Right is an operator of nature-based carbon assets, catering to the increasing demand for carbon credits from companies aiming to achieve Net Zero goals [4] - The company invests in the exploration, restoration, and management of terrestrial and marine ecosystems to enhance greenhouse gas sequestration or restore degraded areas [4] - Carbon Done Right collaborates with various governments and engages in different arrangements, including cooperation and production sharing agreements, across multiple jurisdictions such as Sierra Leone, Yucatan, Guyana, and Suriname [4]