Carbon RX Announces Partnership With the Pimicikamak Cree Nation

Carbon RX has announced a new partnership with the Pimicikamak Cree Nation (“Pimicikamak”) to assist in forest management and preservation of First Nation lands in Manitoba. The project includes 3 million acres of traditional lands in the Canadian boreal forest, home to the Pimicikamak people.

Carbon Rx specializes in the origination and streaming of carbon credits. Backed by a team of agriculture, forestry, and hydrocarbon experts, Carbon RX provides high-fidelity carbon credits to the international voluntary carbon market, ultimately aiding Canada in the race to net zero emissions.

Canada has a significant number of forest carbon projects, with various initiatives spread across the country. Prominent projects include the Darkwoods Forest Carbon Project and the Boreal Wildlands Project, managed by the Nature Conservancy of Canada (NCC). These projects contribute to the voluntary carbon market by offering carbon credits to businesses and governments seeking to offset their emissions.

In a statement accompanying the announcement, Chief David Monias, Chief of Pimicikamak, said:

“We are the original keepers of the land. As part of our inherent rights, we proudly hold historic environmental sovereignty over our traditional lands. We can use modern techniques like carbon crediting to protect and preserve these lands for the next generation. We encourage other Nations to do the same.”

Neil Dobson, Vice President at Carbon Rx, added:

“We are excited about the opportunity to partner with Pimicikamak. First Nations Communities have a significant opportunity within the carbon markets. With so few active projects in Canada supporting First Nations carbon initiatives, we anticipate significant demand for these credits.”