Page 29 - Georgia Forestry - Issue 2 - Spring 2022
P. 29
Backed by a major investment from BP, Finite Carbon’s CORE Carbon program, which is designed for smaller landowners between 40 and 5,000 acres, received approval of its methodology from the American Carbon Registry in November 2021, and the company will begin accepting applications soon from interested landowners. Similar to NCX, CORE Carbon will utilize remote sensing technology; however, it will use this technology to quantify emissions reductions from harvest deferrals on non-industrial private forests.
In October 2020, the Family Forest Carbon Program, developed by The Nature Conservancy and American Forest Foundation with a $10 million investment from Amazon, opened enrollment for small landowners in Pennsylvania, all of West Virginia and five counties in western Maryland. The program is expected to continue expanding its coverage areas into the Southeast and the Lake States.
The Family Forest Carbon Program differs from other developers and
will offer two program types. Both programs will provide landowners with expertise and management plans, but one program focuses on funding for forest management
activities to combat invasive species and vegetative competition for young forests. The other program focuses on deferring harvest and growing timber for longer.
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