A carbon bank program could be coming to the Santa Cruz Mountain area in 2018. The program would provide a financial incentive to landowners of redwood forest properties to keep forest ecosystems intact by conserving their land.
The Los Altos-based nonprofit, Sempervirens Fund, hosted public meetings this week to gauge interest among the community. The result of the meetings will help determine how many local landowners would be interested in enrolling in the program.
The Moore Foundation has supported the Sempervirens Fund to complete a business plan and develop the pilot project for the Santa Cruz Mountains Carbon Bank.
Read more about the project from the Santa Cruz Sentinel: Nonprofit plans Santa Cruz Mountains carbon bank, landowners would be paid to conserve.