Chestnut Carbon

A U.S. nature-based carbon-removal developer founded in 2022 and backed by the asset manager Kimmeridge, which buys marginal farmland across the Southeast and replants it as native forest, with a portfolio across nine states. It develops afforestation/ARR removal credits and Improved Forest Management (IFM) credits, states that it uses patented site-screening and measurement technology, and reports roughly 46.7 million trees planted across more than 70,000 acres as of April 2026, with a goal of 500,000 acres by 2030. It raised a USD 160 million Series B in February 2025 (led by DBL Partners, with CPP Investments participating) and a USD 210 million credit facility arranged by J.P. Morgan in August 2025. It is certified under the FSC Verified Impact programme (FSC-C180518). It develops the Chestnut Sustainable Restoration Project.