Taking Climate-Smart Forestry to the Bank

Taking Climate-Smart Forestry to the Bank

News Type: State, Regional, Federal Source: Ecotrust
Click here to read the article: https://ecotrust.org/project/forest-bank/

More than a decade ago, in the 2003 version of their Forest Management Plan, the Swinomish Indian Tribal Community introduced the idea of a “forest bank” as a potential means of reconnecting a fragmented landscape, coordinating management across ownership, and exploring alternative markets and conservation finance to fund and support community-based stewardship and climate-smart forestry.

In 2015, Ecotrust and the Swinomish Indian Tribal Community were jointly awarded funding from the Natural Resource Conservation Service’s Conservation Innovation Grant program to explore establishing a Forest Bank for the Swinomish Reservation and scope the major building blocks of how the bank would work.

By coordinating climate-smart forest management across a matrix of mixed ownerships, financing landscape-level management, and enabling forest restoration, a Forest Bank could help build climate resilience for the land and the community that depends on it.