Just received a press release from the American Forest Foundation in support of the Rural Forests Markets Act, which would:
- Establishes the Rural Forest Market Investment Program that offers guaranteed loans up to $150 million for nonprofits and companies to help small and family foresters create and sell forest credits for storing carbon or providing other environmental benefits.
- Provides a climate solution by encouraging forestland owners to adopt voluntary land management practices that draw carbon out of the air and stores it in forests.
- Creates new revenue streams for small-scale, family foresters by making it possible to generate innovative credits they can sell in established environmental marketplaces.
- Brings investment into rural communities by reducing the financial risk to private investors who can contribute the upfront financing that makes these projects possible.
The press release:
Dear Senator Stabenow and Senator Braun,
The undersigned organizations are writing to offer our sincere thanks for your leadership in introducing S.
4451, the Rural Forests Markets Act. Together, we represent organizations with diverse backgrounds in
forest and forest products, large and small private forest owners, conservation and wildlife groups,
landowners, academics, and carbon finance experts, all proud to produce and support natural climate
solutions from our forests and forest products.
Even though our interests are diverse, the Rural Forests Markets Act benefits us all. For example, this bill
will help unlock capital investment that will allow America’s family forest owners to participate in
markets for carbon and other values. This bill will not just benefit family forest owners, but will also
support a diverse set of private forest owners seeking to participate in market opportunities that have high
up front costs but an abundance of environmental and economic benefits especially in rural areas.
Most importantly, we urge you to add the Rural Forests Markets Act to any year end package moving
through Congress to help stimulate rural economies by opening carbon and other markets, bringing
billions from the private sector and generating additional landowner income from their land.
Once again, we appreciate your dedication in ensuring investment to rural forested communities is
leveraged and access to carbon and other environmental markets are available to amplify our conservation
American Bird Conservancy
American Forest Foundation
American Wood Council
Arkansas Forestry Association
Arkansas Tree Farm Program
Land Trust Alliance
Michigan State University Department of
National Alliance of Forest Owners
National Association of State Foresters
National Wildlife Federation
Oregon Tree Farm Program
Small Woodland Owners Association of Maine
Society of American Foresters
The Lyme Timber Company
The Nature Conservancy
Theodore Roosevelt Conservation Partnership
Western Landowners Alliance