October 5, 2011
American Carbon Registry Approves U.S. Family Forests Offset Methodology
The American Carbon Registry (ACR), a nonprofit enterprise of BCSE member Winrock International, announced approval today of an Improved Forest Management (IFM) Methodology for Quantifying Greenhouse Gas (GHG) Removals and Emission Reductions through Increased Forest Carbon Sequestration on Non-Federal U.S. Forestlands. The methodology, developed by Columbia Carbon LLC, a subsidiary of CE2 Carbon Capital in partnership with L&C Carbon, targets non-federally owned forestlands in the United States. Eligible lands include 495 million acres – 66 percent of all U.S. forestlands.
The new methodology delivers enormous potential for family forest owners who manage 264 million acres, or 35 percent, of all U.S. forestland. No family forests are currently registered and verified under any of the leading registry standards in the U.S. The lack of family forest offset projects is due to the fact that existing published IFM methodologies are either not applicable or not practical for this significant category of private forest owners, who own more forest land than the federal government. The new methodology provides important access to the carbon market to help slow the conversion of private forests to other uses. The USDA Forest Service estimates that from 2000-2030, more than 57 million acres of private forestland could be affected by development.
“We are excited to announce approval of the Columbia Carbon IFM methodology,” said Nicholas Martin, ACR’s chief technical officer. “It fills an important gap, providing a foundation for a new class of forest carbon market participants. We expect the resulting offset projects to be very popular in the voluntary market, where buyers favor high quality carbon offsets with a compelling story, such as those that manage, protect and replant forests.”
Learn more about today's announcement on the ACR homepage.