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Forest Carbon Partners funding scheme wins support of FRA
News of the new Forest Carbon Partners forestry investment scheme from New Forests Inc. has won the support of FRA, which analyses various forms of forestry investment project.
Forest Carbon Partners is an investment vehicle that offers funding for carbon offsetting projects in California. The fund helps to manage these projects and deliver revenue to landowners.
Among the first projects it is involved with is a scheme to develop forestry carbon offsets over 11,000 acres in the West of the US. The scheme sees it partner with a Native American tribe and a family who own the forest in the area.
The project is intended to help finance a total of 100,000 acres of forestry carbon offset schemes, which will generate returns for land owners, as well as increasing natural habitats and absorbing large qualities of CO2.
FRA is a research and analysis consultancy that specialises in forestry investment projects. It supports investment projects in developing countries, as well as carbon offsetting schemes all over the world.
The Forest Carbon Partner is one such project, and its managing director, David Brand commented: “As the California carbon market comes online, New Forests believes that forest carbon projects will become a critical source of offset supply.
“Forest Carbon Partners brings together a sophisticated understanding of both forestry and carbon markets to meet the demand for high-quality carbon credits that ensure important co-benefits for family forest landowners and the environment.”
FRA also supports schemes such as the renewable plantations run by Greenwood Management in Brazil and Canada. These projects help to reduce the reliance on natural forests by providing alternative non-native forests, which are managed in a sustainable way.
FRA’s Peter Collins, said, “We welcome the New Forests project as it will help to boost carbon sequestration in one of the world’s most high impact regions, in terms of CO2 emissions.”
About Forestry Research Associates
Forestry Research Associates is a research and advisory consultancy that focuses on forestry management, sustainability issues and forestry investment around the globe.
Forestry Research Associates
620 Vineyard Lane
Bainbridge Island, WA 98110
Tel: (206) 316 8394