The Conversation (0)
Klimat X (TSXV:KLX) generates long-term (30+ years) recurring revenue streams and unprecedented returns in carbon markets by taking project development risk on restoration and conservation projects and pre-selling directly to large corporate buyers of carbon credits to meet their net-zero goals.
Klimat X is an industrial-scale carbon exploration and development company diversified across multiple jurisdictions. Having been founded in 2021 by James Tansey, the company was built to become a leader in protecting and restoring natural systems.
Klimat X's flagship project in Sierra Leone seeks to reforest and rewild land previously cleared for mining and palm plantations. As of September 2022, the company has restored roughly 400 hectares and plans to reach 1,200 hectares by the end of summer 2023. Klimat X has also secured an additional 57,000 hectares of land degraded by agricultural activity, which it intends to restore through collaboration with local communities.
Company Highlights
- Klimat X is an industrial-scale carbon credit project developer focused on natural solutions such as conservation, reforestation and mangrove restoration.
- Through collaboration with both the national government and its network of partners and developers, Klimat X is focused on developing low-cost carbon offset projects in highly productive jurisdictions.
- The company already maintains between 40 and 100 percent ownership of three initial assets alongside a development pipeline of 3 million tons of carbon credits diversified across Asia, Latin America and Africa.
- In addition to rewilding and reforestation in Sierra Leone, agroforestry in Guyana and mangrove restoration in Mexico, Klimat X is assessing the following regions for additional natural carbon projects:
- Suriname
- Kurdistan (Iraq)
- Balochistan (Pakistan)
- Mongolia
- Colombia
- Democratic Republic of Congo
- The existing Yucatan and Sierra Leone projects alone will result in roughly 44 million tons of carbon credit production. That supply stands to exponentially increase as the other projects in the pipeline are developed.
- The company works with some of the largest buyers in the world including Fortune 100 companies.
- Klimat X currently maintains a 60-percent interest in sustainable coconut and spice producer and processor Pomeroon.
This Klimat X profile is part of a paid investor education campaign.*
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