Page 24 - Georgia Forestry - Issue 2 - Spring 2022

How do I get started?
Landowners begin at an online platform where they can map their property and include some details about their property and their own- ership, which helps us prequalify landowners before they actually start to talk to a contact center agent. If a landowner has participated in any other carbon project in the past, per current registry rules, we’re unable to sign them up in our program. Once a landowner is deemed eligible, we send a forester to confirm. We follow up with an estimate for the landowner to consider whether or not it’s going to align with their objectives. They’ll review the contract with their family and other owners or decision makers. And then shortly after signing, the landowner receives a first payment and any other details to help imple- ment the practice.
How does compensation work?
Payments are made according to a set schedule. For each practice, the payment rate schedule differs. We try to give a good chunk of the payment in the first year as an incentive. The landowner is just required to keep us updated on any major changes or major harvest events or natural disasters or anything that might otherwise occur that would affect their property and the carbon that it’s producing. In exchange for the incentive payment, the program gets the rights to the carbon. And that’s what we, as a program, monetize on the voluntary carbon market and gives us the opportunity to then return in landowner payments.
NOTE:
The Family Forest Carbon Program is currently only available in Pennsylvania, Maryland and West Virginia. The program will be piloting additional regional modules in 2023.
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