Klimat X Developments Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

Carbon Done Right Developments Inc., formerly Klimat X Developments Inc., is a Canada-based rainforest planting tech company. The Company carries on the business of developing validated and verified carbon credits from afforestation and reforestation of degraded land areas and marine ecosystems, including mangroves, for sale into international voluntary carbon markets. The Company focuses on investing in the exploration, restoration and management of terrestrial and marine systems that can either be protected to enhance the sequestration of greenhouse gases or restored from a degraded status to fully productive ecosystems. The Company’s platform gives individuals, families, and employees direct access to high-impact climate projects to offset their carbon footprint. It has developed its own proprietary machine learning tools to count every individual tree on its projects and measure every kilogram of carbon sequestered through its associated projects.