New Program Helps To Expand Carbon Markets
A new program by NCX (formerly SilviaTerra) offers forest landowners of all sizes access to carbon offset markets at no cost to the landowner and no long-term commitment.
NCX pairs forest owners—big and small—with companies wanting to purchase carbon credits, an emerging market that is gaining traction as the world focuses on climate mitigation strategies.
Eligible landowners enrolled in the program are paid to delay harvest for one year. The program is limited to landowners with merchantable timber, there is no cost to participate and contracts are for one year at a time.
F&W is partnering with NCX to provide information about the program to forest landowners and assist them in enrolling.
“We were able to assist several clients in successfully selling carbon credits in the initial market offering and look forward to the expansion of the exchange to other areas of the U.S. It’s great to see the innovative use of technology and information by NCX benefit both landowners and the environment,” said Stephen Logan, F&W’s chief information officer.
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