Canada cultivates climate solutions with financial incentive for sustainable forest management

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Summary

The Improved Forest Management on Private Land offset protocol aims to reduce greenhouse gas emissions by 45% below 2005 levels by 2030. This protocol provides a financial incentive for private landowners to implement sustainable forest management practices, conserve biodiversity, and promote carbon storage. The protocol is part of the Greenhouse Gas Offset Credit System, which includes Landfill Methane Recovery and Destruction, and Reducing Greenhouse Gas Emissions from Refrigeration Systems. While this protocol applies to private lands only, Environment and Climate Change Canada is developing a similar protocol for public lands.