Karbon-X Advances Large-Scale Senegal Blue Carbon Project as Second Globally Registered Under Verra's VM0033 Methodology
Rhea-AI Summary
Karbon-X (OTCQB: KARX) reported that its 7,500-hectare Senegal Blue Carbon Mangrove Project has been registered under Verra's VCS and CCB standards, becoming only the second project globally registered under the VM0033 tidal wetland and seagrass restoration methodology.
The project targets long-term emissions reductions of about 2.2 million tonnes of CO₂e over a 40-year crediting period to 2062, supporting Karbon-X's strategy to build high-quality environmental assets and advance blue carbon initiatives in the voluntary carbon market.
AI-generated analysis. Not financial advice.
Positive
- Senegal blue carbon project registered under Verra VCS and CCB standards
- Second project globally registered under Verra VM0033 methodology
- 7,500-hectare mangrove restoration across Sine Saloum Delta and Casamance Estuary
- Estimated 2.2 million tonnes CO₂e reductions over 40-year crediting period to 2062
- Registration enables future monitoring, verification, and long-term implementation
- Strengthens Karbon-X portfolio of high-quality environmental and blue carbon assets
Negative
- None.
News Market Reaction – KARX
On the day this news was published, KARX declined 7.30%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
7,500-hectare Senegal blue carbon initiative achieves Verra registration, marking a significant project development milestone for Karbon-X
CALGARY, AB / ACCESS Newswire / June 16, 2026 / Karbon-X Corp. (OTCQB:KARX) ("Karbon-X" or the "Company"), a vertically integrated climate solutions company operating across global carbon markets and climate infrastructure, today announced that its Senegal Blue Carbon Mangrove Project has achieved registration under Verra's Verified Carbon Standard (VCS) and Climate, Community & Biodiversity (CCB) Standards, becoming the second project globally to achieve registration under Verra's VM0033 methodology for tidal wetland and seagrass restoration.
Located within Senegal's Sine Saloum Delta and Casamance Estuary regions, the approximately 7,500-hectare project is focused on restoring degraded mangrove ecosystems through reforestation and ecosystem recovery activities. Mangrove forests are among the world's most carbon-rich natural environments, capable of storing significant amounts of carbon while supporting biodiversity, coastal resilience, and local communities.
With an estimated long-term emissions reduction potential of approximately 2.2 million tonnes of CO₂e over a 40-year crediting period extending through 2062, the initiative represents a significant long-term asset within Karbon-X's development portfolio and supports the Company's strategy of building and advancing high-quality environmental assets within emerging segments of the global carbon market.
The registration milestone further demonstrates Karbon-X's ability to originate, develop, and advance complex environmental assets through internationally recognized standards. As demand for high-quality environmental assets continues to grow, the Company believes projects of this nature may provide future commercialization opportunities and contribute to long-term value creation.
Registration under Verra's VCS and CCB programs follows years of technical assessment, environmental studies, stakeholder engagement, field implementation, independent validation, and regulatory review. As a key milestone in the development of any carbon project, it establishes the foundation for future monitoring, verification, and long-term project implementation.
"Becoming only the second project globally registered under Verra's VM0033 methodology represents a significant milestone for Karbon-X and highlights the strength of our project development platform," said Chad Clovis, Chief Executive Officer of Karbon-X. "Projects of this scale and complexity require years of technical expertise, stakeholder engagement, and execution. We believe this achievement further demonstrates our ability to develop high-quality environmental assets while expanding our participation in emerging segments of the global carbon market."
As organizations increasingly seek high-quality environmental assets and nature-based climate solutions, blue carbon initiatives have emerged as a growing segment of the voluntary carbon market due to their potential to deliver climate, biodiversity, and community benefits simultaneously.
With registration now complete, the project enters its next phase of long-term implementation, monitoring, and verification in accordance with Verra program requirements.
About the Senegal Blue Carbon Mangrove Project
The Senegal Blue Carbon Mangrove Project is a nature-based climate initiative located within the Sine Saloum Delta and Casamance Estuary regions of Senegal. The project focuses on restoring degraded mangrove ecosystems through reforestation and ecosystem recovery activities designed to support climate mitigation, biodiversity conservation, coastal resilience, and community development objectives. The project is registered under Verra's Verified Carbon Standard (VCS) and Climate, Community & Biodiversity (CCB) Standards.
About Karbon-X
Karbon-X Corp. (OTCQB:KARX) is a vertically integrated climate solutions company delivering end-to-end services across compliance and voluntary carbon markets. From project origination and emissions quantification to verification support, credit issuance, and market distribution, Karbon-X provides trusted, transparent climate solutions to businesses and institutions globally.
Forward-Looking Statements
This news release contains forward-looking statements, including but not limited to expectations related to Karbon-X Corp.'s financial performance, business strategy, growth plans, and market positioning. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Karbon-X Corp. undertakes no obligation to update forward-looking statements except as required by law.
Media Contact:
Emma Caputo
VP of Marketing
Karbon-X
ec@karbon-x.com
SOURCE: Karbon-X Project Inc.
View the original press release on ACCESS Newswire