Case Study
The Nature Conservancy hired Spatial Informatics Group to develop a carbon credit program on coastal rainforest on Washington State’s Olympic Peninsula.
The Washington Rainforest Renewal Project seeks to leverage carbon financing to fund restoration efforts aimed at mimicking the characteristics of late-successional forests.
All credits generated from the project will be from annual carbon removal, currently about 43,000 metric tons each year, this project is expected to offset almost three million carbon credits over two decades.
Funds from the project will be used to restore old growth forest on lands previously managed for industrial timber harvesting. They will also help improve conditions for endangered salmon species, provide old growth habitat for multiple threatened and endangered species, and fund the acquisition of new timber parcels for future carbon offset projects.