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Chestnut Carbon
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Afforestation-based carbon offsets with monitored forests
Chestnut Carbon
Work Here?
Afforestation-based carbon offsets with monitored forests
Overview
Chestnut Carbon turns marginal land into biodiverse forests in the United States to act as carbon sinks. It partners with local foresters, nurseries, and communities to design and implement afforestation projects tailored to local conditions, then uses advanced technology to monitor forest growth and how much carbon is stored. The projects are verified by Gold Standard certification and FSC approval, ensuring transparency and high standards, and the resulting carbon removal credits are sold to help clients offset their footprint. Chestnut Carbon stands out by combining site-specific forest restoration with strict, third-party verification and data-driven tracking, plus clear co-benefits for wildlife, air and water quality, and local economies. Its goal is to restore more than 100,000 acres and remove 100 million tons of carbon from the atmosphere by 2030.
About Chestnut Carbon
Industries
Data & Analytics
Consulting
Energy
Social Impact
Company Size
51-200
Company Stage
Series B
Total Funding
$660M
Headquarters
New York City, New York
Founded
2021
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Simplify's Take
What believers are saying
- April 2026 planting doubled restored acreage to roughly 70,000 acres across the Southeast.
- Chestnut planted 46.7 million trees by April 2026, proving industrial-scale execution.
- August 2026 Sol Systems extension and Microsoft reporting show durable commercial validation.
What critics are saying
- Carbon credit demand depends on Microsoft, Sol Systems, and a few buyers.
- Nature-based credits face reversal and permanence scrutiny; one wildfire season can destroy years.
- If voluntary carbon prices stay weak through 2026, Chestnut's acreage targets lose financing support.
What makes Chestnut Carbon unique
- Chestnut built first U.S. nature-based carbon project finance with JPMorgan in July 2025.
- Microsoft committed to over 7 million tons from Chestnut's Southern U.S. ARR project.
- Chestnut became the first U.S. IFM project FSC-verified for biodiversity conservation in February 2026.
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Funding
Total Funding
$660M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↑ 40%1 year growth
↑ 40%2 year growth
↑ 40%ERM has helped secure $210 million in funding from JPMorgan for Chestnut Carbon's US afforestation project, marking a first-of-its-kind investment in a voluntary carbon credit program. ERM's technical advice and due diligence confirmed the project's environmental and commercial viability, aligning with Core Carbon Principles. This initiative could set a precedent for sustainable finance, potentially increasing capital flow into global reforestation efforts.
Chestnut Carbon has raised an additional $90 million for its Series B financing, bringing the total to $250 million in 2025. The funding, from CPP Investments, will support land purchases and technological innovation for U.S.-based afforestation projects. Chestnut also secured a $210 million non-recourse project finance credit facility for a carbon removal project. The investment highlights CPP Investments' commitment to high-quality carbon removal projects.
/PRNewswire/ -- Chestnut Carbon ("Chestnut"), a nature-based carbon removal developer, announced that it has raised $90 million in additional funds for its...
JPMorgan Chase & Co. has helped structure a first-of-its-kind lending facility for a developer of carbon credits that it hopes will lower the cost of capital
NEW YORK, March 27, 2025 /PRNewswire/ -- Chestnut Carbon ("Chestnut"), a nature-based carbon project developer, today announced that since its inception, it has enrolled over 160,000 acres in its Improved Forest Management (IFM) membership program branded as "Forest Carbon Works." The program is one of the largest in the U.S. providing private landowners access to income-generating carbon markets while preserving the integrity and legacy of their forest land. The program currently has members enrolled from 36 states.Chestnut distills the seemingly complex processes of the carbon markets into a simple IFM membership service, enabling private forest landowners to benefit from long-term conservation and sequestration of carbon in a cost-effective manner. Chestnut's IFM program rewards landowners with annual payments for increasing and maintaining net carbon stocks in their forests. Benefits include:Premium annual payments from carbon credit sales;Access to experts in carbon project management and forestry; andHarvest and forest management options.The Chestnut team handles every aspect of the project for landowners. Their carbon and forestry experts manage the data capture and submission of the forest inventory for their registered carbon project, including annual reporting and verification
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About Chestnut Carbon
Industries
Data & Analytics
Consulting
Energy
Social Impact
Company Size
51-200
Company Stage
Series B
Total Funding
$660M
Headquarters
New York City, New York
Founded
2021
Chestnut Carbon is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today