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Forestry Program in 2002 and now manages some 22,000 acres to model sustainable forestry
practices. Its on-the-ground operations are designed to provide economic opportunity for forest
owners and enhance forest resources such as soil and water quality, high-value timber, sensitive
wildlife habitat, and carbon storage.
• Cumberland Forest Project (The Nature Conservancy) is a 253,000-acre conservation impact
investment located in the Central Appalachian region of Kentucky, Tennessee, and Virginia, of which
Microsoft’s purchase supported 108,182 acres. It aims to improve the health of working forestland to
benefit local economies, wildlife habitat, clean water, and climate resilience in a globally significant
biodiversity hotspot. Managed through its NatureVest impact investing team, the project seeks to
achieve financial returns for investors and environmental outcomes generated by sustainable timber
management, carbon sequestration, recreational access, and nature-based local economic
development.
• GreenTrees ACRE (Advanced Carbon Restored Ecosystem) (Natural Capital Partners and Arbor
Day Foundation) aims to reforest one million acres in the Mississippi Alluvial Valley, one of the most
important wetland ecoregions in North America. The project focuses on restoring degraded
agricultural lands back to a highly beneficial, native forest ecosystem by helping landowners establish
and grow trees on private lands that have been in continuous agricultural use for decades.
Reforestation supports this vital watershed across seven states in the South Central United States,
restore habitat for threatened and endangered wildlife, and support the economic livelihoods of over
550 small- to medium-sized landowners. All the carbon credits generated through the project reflect
carbon removal from the atmosphere.
• Jubilación Segura (ClimateCare Oxford and PUR Projet), a grouped afforestation and reforestation
project within the Amazon Andean foothill forest in the San Martin region of Peru, addresses
widespread deforestation caused by the expansion of agriculture, typically driven by international
demand, degraded lands, and low farmer income. Small-scale farmers increase land productivity and
diversify incomes through agroforestry and reforestation on previously degraded land. The project is
certified under the Verified Carbon Standard, with timber harvesting certified under the Forestry
Stewardship Council Certification.
• The CommuniTree Carbon Program (Arbor Day Foundation, Natural Capital Partners), managed by
Taking Root, is the largest reforestation initiative in Nicaragua. It helps farming families to grow
native tree species and build forest-based enterprises on underused farmland that has been
historically deforested, creating sustainable livelihoods for the long term. The project team is made
up of cross-disciplinary local and international experts in forestry, business, smallholder economics,
computer science, and remote sensing, and the project has been used as a best practice reforestation
model by organizations including the United Nations and European Union.
• The Washington Rainforest Project (The Nature Conservancy) is based in the lowland areas of the
Washington coast—areas heavily affected by more than a century of industrial forest management
that has almost eliminated old-growth forests. By managing Conservancy-owned forests to restore
old-growth forest habitat and function, this project can sequester a significant amount of carbon and
at the same time restore habitat for wild salmon and other wildlife. It aims to connect forests from
summit to sea through a combination of philanthropic capital and proceeds from carbon sales,
supporting restoration efforts in the Olympic Rainforest and Willapa Bay.
• International Small Group and Tree Planting Program (TIST) India (Shell Energy North America)
is a reforestation and sustainable development project enabled by subsistence farmers. It is one of
many solutions in Shell’s global portfolio spanning five continents aimed at helping its customers in
their decarbonization journey. Managed locally, the program uses a community-led approach to tree
planting and reforestation, with small groups of farmers planting and maintaining trees on degraded