Improved Forestry

NAVF Carbon, through its management of its venture funds, creates carbon offsets through carbon forestry via the implementation of an Improved Forest Management Program (IFM), which is designed based upon the carbon protocol or market in which the Carbon Offsets will eventually be sold (See Figure 2). The IFM’s purpose is to enhance carbon sequestration through better forestry management and the harvesting of timber into durable wood products.

Each tree in a forest is like a cylinder that holds an amount of wood fiber, which is measured in volumes.
The number of carbon offsets that can be sold initially from a carbon forestry project is based on the amount of carbon that is held by the forest at the project’s outset.
Incremental carbon offsets can be sold from a carbon forestry project in subsequent years based on the amount of additional wood fiber volume a forest and its trees create as a result of sequestering additional carbon.
As trees in a forest are harvested for other uses, the loss of wood fiber volume, and the carbon offsets associated with it, is replaced by the growth of other trees, including those that may be planted in their place, thus keeping overall wood fiber volumes and carbon offsets in relative balance on an ongoing basis.

NAVF Carbon’s projects will be managed to produce high quality, verifiable carbon offsets that meet the standards of the markets in which they are expected to be sold. These markets include organizations that are required by law to participate in mandated carbon reduction and mitigation compliance programs or that have established voluntary carbon offset programs. It is anticipated that NAP’s managed projects will be sold primarily in the mandatory offset market through the exchange operated by the California Air Resources Board (CARB), which is California’s “clean air agency” and is a cabinet-level department of the California Environmental Protection Agency.