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In April 2011, Western Rivers Conservancy transferred 22,237 acres of former Green Diamond Resources Company property in the lower Klamath watershed to the Yurok Tribe, out of which the Tribe has developed a 21,240.5 acre carbon finance project. The property has cultural importance to the Tribe, as it sits within the Yurok Ancestral Territory in Humboldt County, California. The Tribe will manage the property to preserve and enhance its ecological and cultural value.
In addition to carbon sequestration, the project delivers a number of sustainable development benefits. These include:
- Financial security: The Yurok Tribe, the largest American Indian tribe in California, will implement a lighter-touch harvest strategy that will produce a continual supply of wood through repeated, light entries and the maintenance of a continuous tree canopy, bringing additional income to the Tribe. The Tribe uses proceeds from the sale of carbon to maintain their land and to purchase additional tracts of land surrounding their reservation in Northern CA.
- Biodiversity: By conserving an area of land this size, multiple species of flora and fauna will be protected.
Standards: Climate Action Reserve