The Carbon Forest

Overview

from "A 'first' for First Nations: New carbon forest takes root in Ontario," (July 21, 2010), Yahoo News, Finance: available here.

"This creative partnership will help launch a new enterprise that will train our community to develop and manage carbon forests, creating jobs and a new sustainable industry, which mirrors our environmental values," said Chief Patrick Waddilove of the Munsee-Delaware Nation.

Tree planting on Munsee-Delaware Nation land is expected to be completed by August 2010. During their 31 years of growth, the trees are expected to sequester 20,000 tonnes of carbon dioxide after which they will be harvested for biofuel production. Biofuel, by replacing carbon-based energy sources (such as gasoline or coal) will further reduce emissions of carbon dioxide in the atmosphere.

This is the first carbon forest to be developed under Tree Canada's "Forest and Urban Tree Carbon Project Protocol," a comprehensive guide that details how Tree Canada accounts for the greenhouse gas value of the trees. The protocol was peer reviewed by Climate Change Central, Saskatchewan Research Council, Smart Forest Biomass Ltd., and the Université du Québec à Chicoutimi.

Project Details

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Project Status: 
Operational
Project Developer(s): 
Munsee-Delaware, TreeCanada / ArbresCanada
Contact Details: 

Tree Canada
222 Somerset St. West
Suite 402
Ottawa ON K2P 2G3

tcf@treecanada.ca
613. 567-5545
613. 567-5270
 

Location

Munsee-Delaware, ON
Canada
Project Type: 
Afforestation or Reforestation
Project Type: 
Wetland/Peatland Management
Project Start Date: 
2010
Species Planting Mix: 
Native and exotic plantings: more than 50% native
Standards: 
Tree Canada
Credit Status: 
Actively selling
Seeking Additional Support: 
Buyers
Market: 
Voluntary Over-the-Counter Market (OTC)
Total Reductions: 
20,000
Crediting Period: 
31
Credit Buyers: 

TD Bank Financial Group

Investors: 

TD Bank Financial Group, Munsee-Delaware Nation

Additional Information: 

Biofuels Project Type.  Project applies Tree Canada's "Forest and Urban Tree Carbon Project Protocol," a comprehensive guide that details how Tree Canada accounts for the greenhouse gas value of the trees. The protocol was peer reviewed by Climate Change Central, Saskatchewan Research Council, Smart Forest Biomass Ltd., and the Université du Québec à Chicoutimi.