Chestnut Carbon, a developer of nature-based carbon removal projects, announced that it has successfully issued its first Improved Forest Management (IFM) carbon credits generated from the Forest Carbon Works membership program. 

The transactions, in which more than 64,000 carbon removal credits were sold to various corporate buyers, including JPMorgan Chase, totalled $2.2 million.

To ensure the highest level of quality and integrity, these carbon removal credits were put through rigorous third-party audits and verified by Verra. 

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