Carbon finance for forest resilience in California

Restoring a resilient forest structure in California’s American River watershed in the Sierra Nevada mountains can generate up to $6,100 per acre in carbon revenue from increased forest carbon and market-ready biomass utilization pathways, potentially fully funding forest management. Employing a dyn...

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Main Authors: Micah Elias, Ethan Yackulic, Katharyn Duffy, Phil Saksa, Daniel L. Sanchez, Nicholas Pevzner, Spencer Plumb, Jillian Dyszynski, Carina Bracer
Format: Article
Language:English
Published: Frontiers Media S.A. 2025-01-01
Series:Frontiers in Forests and Global Change
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Online Access:https://www.frontiersin.org/articles/10.3389/ffgc.2024.1507554/full
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author Micah Elias
Ethan Yackulic
Katharyn Duffy
Katharyn Duffy
Phil Saksa
Daniel L. Sanchez
Nicholas Pevzner
Spencer Plumb
Jillian Dyszynski
Carina Bracer
author_facet Micah Elias
Ethan Yackulic
Katharyn Duffy
Katharyn Duffy
Phil Saksa
Daniel L. Sanchez
Nicholas Pevzner
Spencer Plumb
Jillian Dyszynski
Carina Bracer
author_sort Micah Elias
collection DOAJ
description Restoring a resilient forest structure in California’s American River watershed in the Sierra Nevada mountains can generate up to $6,100 per acre in carbon revenue from increased forest carbon and market-ready biomass utilization pathways, potentially fully funding forest management. Employing a dynamic performance benchmark (DPB) framework, this study models the impacts of restoring resilience to high-risk forests via forest thinning followed by prescribed fire. These practices show an initial carbon cost, but ultimately reduce carbon emissions from wildfire and increase carbon storage compared to a no-treatment counterfactual scenario by 35 tCO2e per acre on average, with market-ready biomass utilization pathways adding another 6–23 tCO2e average benefit per acre. Treatments enhance carbon stability by shifting carbon storage from dense, overcrowded small trees to more dispersed, fire-resilient large trees and reduces fire severity (flame length) by 78% five years post-treatment. Compared to pretreatment levels, treatment decreases the number of trees on the landscape by 74% while increasing carbon storage by 6% at the end of the 25-year simulation. To reduce investor risk into nature-based solutions focused on increasing carbon stability in fire adapted forests and generate carbon revenue from fuel treatments, accurate predictive tools are needed. To maximize certainty of carbon benefits, landscape level treatments, DPBs, and ex-post carbon crediting will be critical. This study shows that carbon revenue from traditional markets or novel carbon contribution programs can help close the funding gap for forest restoration in California while underscoring the need for innovative conservation finance mechanisms to support ecosystem resilience and climate mitigation goals.
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spelling doaj-art-1cec1718f98c49a193441548918781892025-01-23T06:56:42ZengFrontiers Media S.A.Frontiers in Forests and Global Change2624-893X2025-01-01710.3389/ffgc.2024.15075541507554Carbon finance for forest resilience in CaliforniaMicah Elias0Ethan Yackulic1Katharyn Duffy2Katharyn Duffy3Phil Saksa4Daniel L. Sanchez5Nicholas Pevzner6Spencer Plumb7Jillian Dyszynski8Carina Bracer9Blue Forest, Sacramento, CA, United StatesSchool of Informatics, Computing, and Cybersystems Northern Arizona University, Flagstaff, AZ, United StatesSchool of Informatics, Computing, and Cybersystems Northern Arizona University, Flagstaff, AZ, United StatesVibrant Planet, Truckee, CA, United StatesBlue Forest, Sacramento, CA, United StatesUniversity of California, Berkeley, Berkeley, CA, United StatesUniversity of Pennsylvania, Philadelphia, PA, United StatesVerra, Washington, DC, United StatesAmerican Forest Foundation, Washington, DC, United StatesNational Forest Foundation, Missoula, MT, United StatesRestoring a resilient forest structure in California’s American River watershed in the Sierra Nevada mountains can generate up to $6,100 per acre in carbon revenue from increased forest carbon and market-ready biomass utilization pathways, potentially fully funding forest management. Employing a dynamic performance benchmark (DPB) framework, this study models the impacts of restoring resilience to high-risk forests via forest thinning followed by prescribed fire. These practices show an initial carbon cost, but ultimately reduce carbon emissions from wildfire and increase carbon storage compared to a no-treatment counterfactual scenario by 35 tCO2e per acre on average, with market-ready biomass utilization pathways adding another 6–23 tCO2e average benefit per acre. Treatments enhance carbon stability by shifting carbon storage from dense, overcrowded small trees to more dispersed, fire-resilient large trees and reduces fire severity (flame length) by 78% five years post-treatment. Compared to pretreatment levels, treatment decreases the number of trees on the landscape by 74% while increasing carbon storage by 6% at the end of the 25-year simulation. To reduce investor risk into nature-based solutions focused on increasing carbon stability in fire adapted forests and generate carbon revenue from fuel treatments, accurate predictive tools are needed. To maximize certainty of carbon benefits, landscape level treatments, DPBs, and ex-post carbon crediting will be critical. This study shows that carbon revenue from traditional markets or novel carbon contribution programs can help close the funding gap for forest restoration in California while underscoring the need for innovative conservation finance mechanisms to support ecosystem resilience and climate mitigation goals.https://www.frontiersin.org/articles/10.3389/ffgc.2024.1507554/fullcarbon financecarbon marketsnature-based solutionsforest resilienceforest managementwildfire mitigation
spellingShingle Micah Elias
Ethan Yackulic
Katharyn Duffy
Katharyn Duffy
Phil Saksa
Daniel L. Sanchez
Nicholas Pevzner
Spencer Plumb
Jillian Dyszynski
Carina Bracer
Carbon finance for forest resilience in California
Frontiers in Forests and Global Change
carbon finance
carbon markets
nature-based solutions
forest resilience
forest management
wildfire mitigation
title Carbon finance for forest resilience in California
title_full Carbon finance for forest resilience in California
title_fullStr Carbon finance for forest resilience in California
title_full_unstemmed Carbon finance for forest resilience in California
title_short Carbon finance for forest resilience in California
title_sort carbon finance for forest resilience in california
topic carbon finance
carbon markets
nature-based solutions
forest resilience
forest management
wildfire mitigation
url https://www.frontiersin.org/articles/10.3389/ffgc.2024.1507554/full
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