Carbon Done Right Developments Inc V.KLX

From CEO.ca post

[Lajoya]

With increasing scrutinization on the credibility and quality of emerging projects utilizing nature based solutions, we are already seeing a push for the voluntary market to create a robust quality assurance process via reputable third party verification systems. Romm states in his interview that 98% of the projects studied were fraudulent and of low quality. If a company is able to avoid double counting and address the issues on overestimation of impact, additionality, permanence, and also provide co-benefits beyond carbon in the jurisdictions they operate, they are meeting all the requirements in what makes a high quality carbon offset project. This can only be a good thing for Klimat X, as they are already under critical review by reputable third party verification companies like Verra. KLX is planning on using satellite data to monitor their projects for quality assurance. These projects will also provide an intersectional impact by providing jobs for people that live on less than $1.00 day while also benefiting the environment around them. James has been in this space for over 15 years, and has watched it evolve over time. He's writing the book as we speak on what attributes define high quality nature based solutions. It should be noted that KLX had 16 bidders on their first project alone. That should give you an idea about the demand that exists for what KLX has to offer. 16 bidders which comprised of some of the largest trading houses, energy companies and big tech companies in the world.Smyrk With increasing scrutinization on the credibility and quality of emerging projects utilizing nature based solutions, we are already seeing a push for the voluntary market to create a robust quality assurance process via reputable third party verification systems. Romm states in his interview that 98% of the projects studied were fraudulent and of low quality. If a company is able to avoid double counting and address the issues on overestimation of impact, additionality, permanence, and also provide co-benefits beyond carbon in the jurisdictions they operate, they are meeting all the requirements in what makes a high quality carbon offset project. This can only be a good thing for Klimat X, as they are already under critical review by reputable third party verification companies like Verra. KLX is planning on using satellite data to monitor their projects for quality assurance. These projects will also provide an intersectional impact by providing jobs for people that live on less than $1.00 day while also benefiting the environment around them. James has been in this space for over 15 years, and has watched it evolve over time. He's writing the book as we speak on what attributes define high quality nature based solutions. It should be noted that KLX had 16 bidders on their first project alone. That should give you an idea about the demand that exists for what KLX has to offer. 16 bidders which comprised of some of the largest trading houses, energy companies and big tech companies in the world.