Forest Carbon Works Raises $5m to Accelerate Use of Forests as Natural Climate Solutions and the Expansion of Conservation Payments to Forest Landowners, Channelling $1.4b in Market Demand
Forest Carbon Works Raises $5m to Accelerate Use of Forests as Natural Climate Solutions and the Expansion of Conservation Payments to Forest Landowners, Channelling $1.4b in Market Demand
10/06/20, 10:04 AM
Location
minneapolisMoney raised
$5 million
Forest Carbon Works (forestcarbonworks.org) delivers premium payments to landowners for long-term conservation and climate outcomes on properties as small as forty acres. Backed by the AXA Impact Fund: Climate and Biodiversity, an additional $5M in growth capital is being directed to scale its proven membership-based service throughout the United States. As members of Forest Carbon Works, some landowners are already getting paid more than $50,000 each year.
Company Info
Location
minneapolis, minnesota, united states
Additional Info
Forest Carbon Works, PBC is a spin-off Company from EP Carbon3, a US-based consultancy providing technical project design, GHG emissions measurement and reporting services to carbon projects in both the voluntary and compliance markets. EP Carbon’s technical experts have developed more than 36 projects globally, protecting forests totaling 13 million acres and avoiding more than 250 million tons of carbon-dioxide emissions. Forest Carbon Works lends from this same expertise, and is the exclusive access point to the carbon market for family forest owners.