The
Pacific Forest Trust represents landowners who have forest-based
carbon credits from a growing portfolio of private forestlands
in the Pacific Northwest. These forests have been documented
by the U.S. National Research Council as the best carbon sinks
in the world. In addition to sales of its banked credits, our
program also facilitates the sale of forest carbon credits from
other conserved forestlands in the region.
All of PFT's
carbon credits are secured by permanent conservation easements
owned and managed by PFT. These conservation
easements ensure the forests will not be cleared or converted
to other uses, and ensure that only forest management that
enhances carbon stocks will occur on these properties. In this
way, carbon gains made today will not be lost tomorrow.
Carbon producers – whether
power companies, other businesses or individuals – can
work with PFT to purchase forest carbon credits. Such purchases
help pay for the acquisition and management of conservation easements.
In return, buyers receive low cost, permanent and scientifically
verifiable credits for the additional carbon stored. Such purchases
also help protect and restore some of the world¹s most ecologically
bountiful forests. Green Mountain
Energy Company, for instance, is one such company that has
purchased PFT's carbon credits generated from permanently conserved
Caifornia forestlands.
With on-site
visits and remote sensing technology, the Pacific Forest Trust
monitors, verifies and reports forest carbon gains. PFT also
uses its state-of-the-art forest carbon model to project carbon
stores under different forest management scenarios. This computer
model was developed for Pacific Northwest forests by PFT and
Dr. Mark Harmon of the USFS Forestry Sciences Laboratory and
Oregon State University.
Stewardship
forestry, which is practiced on lands protected by PFT's
easements, maximizes a forest's natural carbon-sequestering
capacity. Because the forest grows older and more complex,
stewardship forestry can more than double carbon stores compared
to results from conventional forest practices. The resulting
forests, with large snags, rich understories and coarse woody
debris, also provide better fish and wildlife habitat, watershed
protection and increased biodiversity.
There are
social benefits, too: Under the terms of PFT easements, sustainable
logging and other traditional uses continue on protected private
forestlands, providing economic benefits and contributing to
the stability of forest-based communities.
This new market
is at an early stage. The international
and domestic policy framework for reduction of greenhouse
gases is still evolving, so there are no guarantees that governments
will recognize forest carbon projects as an acceptable form of
mitigation. However, PFT believes the carbon offsets we offer
thave been designed to meet developing standards, including those
established by the California
Climate Action Registry.
If you have
questions about PFT's forest climate program, please contact
Michelle Passero at mpassero@pacificforest.org. |