Developers of credit-generating projects increasingly attract private-equity backers who see unmet demand

“From a carbon removal standpoint, discerning buyers want high-quality projects that have true additionality and durability, which, in this market, is very hard to find,” said Ben Dell, a managing partner at Kimmeridge and chief executive of Chestnut Carbon, referring to certified projects that involve planting new forests rather than just preserving existing woodlands.

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