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Financings

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

By The Northwire Desk — AI Analysis Mar 18, 2026 · 07:00 KLX · 0.005 Carbon Done Right Developments Inc.
KLX · Price

Executive Summary

  • Carbon Done Right Developments Inc. announces that its Sierra Leone afforestation project is seeking new and additional investment to expand beyond the currently planted 2,500 ha.
  • The RML project has been validated under Verra’s VM0047 restoration protocol and received a pre‑issuance rating from Sylvera, supporting its credibility in carbon markets.
  • The company invites interested parties to enter an NDA and submit expressions of interest immediately, with the right to close the bidding process on an expedited basis.

Key Details

  • Project Scope: Current planted area = 2,500 ha (pre‑purchase agreement 2023); mapped initial area = 5,000 ha; potential expansion up to ≥25,000 ha.
  • Validation & Rating: Verified under Verra’s VM0047 restoration protocol; pre‑issuance rating obtained from Sylvera.
  • Community & ESG Compliance: Free, Prior and Informed Consent (FPIC) overseen by an independent international NGO; independent advisory committee selected native tree species.
  • Investment Call: Company seeking strategic investors/partners to fund continued planting and expansion.
  • Process: Interested parties must sign a non‑disclosure agreement (NDA) and submit expressions of interest; reviews will occur as received, with the company reserving the right to close the process quickly.
  • Contact Information: James Tansey, CEO – email: [email protected].

Notable Quotes

“Carbon credits from tropical forest restoration projects have continued to sell at a premium within carbon markets and this project is one of the first examples to be validated under the new protocol. We welcome the opportunity to work with new strategic investors and partners to continue to expand the project to its full potential.” – James Tansey, CEO

Materiality Assessment: Material – Positive (the announcement signals a potential significant capital raise for a high‑growth carbon credit project, which could materially affect the company’s future operations and valuation).

Read the original news release →