Finite Carbon, a North America developer and supplier of forest carbon offsets, announced it will launch the first web-based global platform that enables small landowners to access the carbon offset market.
According to Finite Carbon, the platform, known as CORE Carbon, will make it possible for millions of small landowners to generate new annual income through long-term commitments to good stewardship, helping to sustain the legacy of the land for future generations.
When CORE Carbon launches in late 2020, landowners will be able to get a real-time value assessment of how much income forestland could generate in the voluntary carbon market. The carbon market has been inaccessible to these landowners because high transaction, monitoring and reporting costs have discouraged participation.
If the landowner chooses to enroll their property, they will lock in multiyear payments for the resulting carbon offsets from buyers seeking to offset carbon emissions. There is no cost to landowners to use CORE Carbon. The initial protocol will make it possible for 1.2 million U.S. landowners with 40 to 5,000 acres, who control a combined 200 million acres, to quantify and receive payments for the environmental benefits of their good stewardship.
Finite Carbon is co-authoring a new methodology with the nonprofit American Carbon Registry (ACR), the world’s first private voluntary greenhouse gas registry, to provide uniform carbon offset standards designed specifically with small landowners in mind.
Learn more at corecarbon.com.