The Red Fern project (Red Fern) is designed to help private landowners monetize their forest attributes to create new revenues, by implementing sustainable forestry management practices without requiring up-front investment. CE2 Carbon Capital will fund the roll-out of the program and provide forestry management support for landowners.
The offsets generated from Red Fern are expected to be sold over time to companies that purchase carbon offsets to mitigate their greenhouse gas emissions. The landowners will share in the value that can be captured through the monetization of these credits.
Greg Arnold, president of CE2 Carbon Capital, said: “Although working forests have significant potential for carbon offset generation, private landowners may not possess the economies of scale or expertise required to make a project feasible.
“Red Fern is another important step in the growth of the pre-compliance carbon offsets market in the US because it puts in place a viable system to leverage a majority of forestry assets for environmental benefit.”
