Location: Potts Point, New South Wales, Australia
Across the globe nations are increasingly concerned with carbon emissions and its effect on climate change. In Australia, CO2 emissions were 16.93 metric tons per capita as of 2010 for a population of 23.3 million. In comparison, US emissions in the same year were 17.53 metric tons with a population of over 318 million. Australia’s per capita carbon emissions are among the highest in the world and agricultural based emissions are 6 times higher than the global average. Many farmers in Australia log their lands for profits; however, commercial logging damages habitats and significantly contributes to the release of carbon into the atmosphere.
Alarmed by increasing damage to the Australian environment, Forests Alive was established five years ago in Potts Point, New South Wales, as a forest management and environmental markets company. They provide consulting, project development and research services specifically for farmers, emphasizing the need to stop logging and detrimental deforestation practices. The company is unique because they assess the ecosystem and develop practices for landowners that accentuate a triple bottom line of financial, social, and environmental benefits. Through abatement tax credits, farmers are incentivized to cease logging and develop practices that nurture and preserve the environment. Forests Alive also offers assistance and recommendations in forest restoration and protection. For example, they have developed an online course that provides guidelines on how to combine the United Nations REDD+ program and BioTrade activities for stakeholders, project developers, NGO’s, and communities.
Forests Alive projects are among the first in the world to be recognized in avoided carbon emissions by the Verified Carbon Standard, a leading international standard. They are also recognized under the Australian National Carbon Offset Standard and under the Australian Government’s Emission Reduction Fund (ERF). The ERF was established in 2014 as an integral part of the Australian Climate Change Policy with a goal of reducing carbon emissions by five percent below 2000 levels by 2020. As a result from a transition to the ERF standard in April 2015, landowners involved in Forests Alive have been granted a 10 year abatement contract with the Clean Energy Relator. This guarantees participants payment in return for not logging on their properties. The Australian government is also actively purchasing the carbon credits generated by the company’s projects ensuring long term security for the landowners. Forests Alive is helping farmers and Australia reduce their carbon emissions, while maintaining profits and sustaining a healthy, forested environment.
Environmental Impact: Preserved biodiversity and avoided deforestation including the avoided emission of GHG’s
Measurement: Australian Government Department of the Environment
Looking to discover more impact ventures? Join us at www.groundupproject.net