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Redwood Forest Foundation

Spring 2012 Newsletter

RFFI Board Finalizes 2012 Priorities
Tom Tuchmann, RFFI Acting Executive Director, US Forest Capital

Tom Tuchmann
Tom Tuchmann
Acting Executive Director

With the Usal Redwood Forest having achieved permanent protection through the sale of the conservation easement last year, the Redwood Forest Foundation (RFFI) is moving forward with a number of management activities that will help assure its long-term success.

More specifically, the Foundation's Board of Directors and staff met in March to discuss its strategic future and agree on operational priorities for the rest of the year. At the top of the list is the Foundation's effort to drill down on a specific forest management approach that will allow the Foundation to achieve its environmental, social and economic mission. The Foundation will be analyzing forest management options by modeling two or three management approaches that look at different forest practices and resulting revenues. The goal of this effort will be to provide a road map of how best to achieve RFFI's desired future forest management conditions while also continuing to meet our financial responsibilities.

Closely allied with forest management modeling is the Foundation's effort to further analyze, and potentially register and sell, carbon credits in 2012. There has been a lot of back and forth in these pages and beyond about the flux of carbon markets, but one thing is for sure: There is a market and the Foundation would like to support it if the liabilities are not overly burdensome.

With the easement establishing certainty that the property cannot be subdivided or developed, RFFI can now finalize its calculations about how much additional carbon can be stored as a result of our forestry approach. Once we know this, we can move on to third-party verification and subsequent registration with the Climate Action Reserve. Finally, once the carbon has been registered, we can sell this carbon to willing buyers who need to purchase carbon credits to offset their emissions. Beyond sequestering carbon, selling carbon credits will provide RFFI with the benefit of a modest income stream to help pay down the cost of the forest.

RFFI is very pleased that timber markets have recovered to the point where we will move forward on three timber sales this year and approximately five restoration projects. The Board has also approved planning for additional timber sales in 2013 and 2014.

In addition to our focus on management and carbon modeling, RFFI will address three other important matters:

  • Developing and implementing a fundraising plan that will secure at least $250,000 in operating funds for 2013 and 2014. We hope our supporters will help us in this endeavor.

  • Developing the Foundation Board to include people who will help the Foundation grow and keep the organization strong; and,

  • Hiring a permanent Executive Director.

All in all, the Foundation looks forward to a very busy and productive year, one that the Board feels will position the organization well for its future success.

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Spring 2012 Newsletter
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