Portfolio: Over 1 Million Acres, 30 Million Offsets, $300 Million and growing
Passamaquoddy Indian Tribe IFM
The Passamaquoddy Tribe Improved Forest Management Project which includes 98,492 acres spanning the Tribe’s two major reservations in Indian Township and the coastal community of Pleasant Point, has received a total of 3,218,469 offsets delivered.
The Confederated Tribes of the Colville Reservation
Colville is by far the largest carbon offset project undertaken under California’s Cap and Trade Program. The Colville Improved Forest Management Project has received (11,559,462 Registry Offset Credits, an interim final step before the Tribe receives 11,559,462 offsets from the California Air Resources Board. The Tribe has already entered into a contract to sell these carbon offsets to British Petroleum over a five-year period, creating a steady income stream for the Tribe. The Colville IFM Project is designed to preserve existing carbon levels on nearly half a million acres of forest in Washington state. The project will also support sustainable future management of the forest and create economic opportunities for the tribe.