For Immediate Release

Growing Forests becomes Atlantic Canada’s first Verra-certified naturebased forest carbon project, opening a new source of high-integrity carbon credits

August 13, 2026 — Musquodoboit Harbour, Nova Scotia

Growing Forests announced today that it has achieved certification under Verra’s Verified Carbon Standard (VCS), becoming the first nature-based forest carbon project generating credits from forests located in Atlantic Canada.

The achievement follows a rigorous multi-year development, validation and certification process under Verra’s Improved Forest Management methodology (VM0034). The process includes independent review, technical assessment and ongoing verification requirements designed to ensure the quality, transparency and integrity of carbon credits generated by the project.

Growing Forests acquires well-stewarded mature forests and applies ecological forestry principles designed to maximize long-term carbon storage, strengthen biodiversity and improve climate resilience. By combining carbon revenue with responsible forest management, Growing Forests creates a new economic pathway to support the long-term stewardship of Atlantic Canadian forests.

Earlier this year, Growing Forests secured its first major multi-year carbon credit partnership with a leading Canadian company. The agreement represents a significant milestone for the company and will enable Growing Forests to acquire and ecologically manage up to 50,000 acres of Atlantic Canadian forests by 2030.

The first phase of this expansion includes planned acquisitions in Nova Scotia and Growing Forests’ first acquisition in New Brunswick. These forests will contribute to future carbon credit issuances, with credits expected to become available following completion of the required verification and issuance processes.

“This is a defining moment for Growing Forests and for the future of forest carbon in Atlantic Canada,” said Dale Prest, CEO of Growing Forests. “Carbon revenue creates another tool for supporting responsible forest management while allowing companies to invest in meaningful climate partnerships connected to real landscapes. Our first corporate partner recognized the value of combining high-integrity carbon credits with a tangible story of forest stewardship, and we are excited to work with additional organizations that share this vision.”

“This milestone represents five years of persistence, collaboration and belief in a different approach to forest stewardship,” said Jerry Staples, Chair of the Board of Directors. “We are grateful to our 94 shareholders, our Board of Directors, the landowners who chose to work with Growing Forests, and the provincial programs that helped make this possible. Growing Forests used the provincial Community Economic Development Investment Fund program to raise its startup equity and is working with the provincial Timber Loans Board to finance land acquisitions. Achieving validation confirms the science and commitment behind this project and creates an opportunity to build something lasting in Atlantic Canada.”

Growing Forests is now working with organizations seeking long-term access to high-integrity nature-based carbon credits and partnerships that go beyond commodity carbon purchases. Through these partnerships, Growing Forests aims to expand a new model where corporate climate investment supports measurable outcomes for forests, biodiversity and rural communities.

About Growing Forests

Growing Forests is a Nova Scotia-based forest carbon company focused on carbon storage and ecological forestry. Through the acquisition and long-term management of mature, wellstewarded forests, Growing Forests creates high-integrity nature-based carbon credits while supporting biodiversity, climate resilience and responsible forest management.

Growing Forests’ project is certified under Verra’s Verified Carbon Standard (VCS Project ID 5003) using the Improved Forest Management methodology.

Growing Forests owns 1993 acres of forest today with another planned 770 acres under contract and closing by August 31, 2026.

For more information, visit www.growingforests.ca.

Property photos and videos available upon request

Media Contact

Dale Prest CEO,
Growing Forests
dale@growingforests.ca
902-817-1139