LandYield and Finite Carbon, leveraging decades of expertise in forestry, carbon markets, and finance, have expanded their collaboration to the northeastern United States. This expansion allows over 200,000 landowners with 40 to 5,000 acres of forestland to enroll in LandYield’s forest carbon offset program, utilizing Finite Carbon’s CORE Carbon® platform. The northeastern U.S. has approximately 34.4 million acres of family-owned forestland across 13 states, including Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, and West Virginia.
Originally launched in 13 southeastern states in August 2023, CORE Carbon has enrolled over 5,000 acres and is reviewing nearly 12,000 acres for approval. Third-party verification is in progress to issue credits under the ACR registry this year.
CORE Carbon makes carbon markets accessible to small family landowners, a privilege previously reserved for large, institutional landowners. This program allows carbon revenues to be reinvested locally, supporting rural economies, protecting water resources, improving habitat quality, and maintaining recreational values on enrolled forestlands.
Non-industrial forest landowners who enroll in CORE Carbon receive immediate revenue estimates and quarterly payments for deferring commercial timber harvests and increasing carbon storage. CORE Carbon also provides project development and ongoing monitoring to ensure that offsets are verified by independent third-party registries and represent a significant climate impact.
Josh Fain, Director at LandYield, stated, “The northeast region, with its diverse and resilient forestland predominantly owned by families, is ideal for this program. We’re excited to offer a program that reduces barriers to carbon markets and supports family landowners financially and environmentally.”
Enrolled land will be developed and verified as carbon offset projects under ACR’s Improved Forest Management on Small Non-Industrial Private Forestlands methodology, specifically designed for family forests.
Carrie Gombos, co-CEO of Finite Carbon, added, “CORE Carbon’s innovative platform provides landowners with the flexibility to access the voluntary carbon market. Expanding to the northeast demonstrates how our patented technology allows the program to scale commercially, developing high-quality projects across various forest types in the U.S. and beyond.”
Finite Carbon’s CORE Carbon utilizes patented remote sensing technology, satellite imagery, and U.S. Forest Service data to measure and monitor forest growth. This data calculates the specific carbon dioxide emission reductions and removals resulting from improved forest management practices on enrolled lands.