Netflix inks carbon credit deal to boost afforestation across southern US

  • Netflix signed a 15-year contract last week to purchase verified carbon credits from the American Forest Foundation, a national conservation organization focused on sustainable forest management and facilitating family forest owners.
  • The credits will be produced through AFF’s “Fields & Forests” program, an afforestation, reforestation and revegetation carbon project that collaborates with landowners across the U.S. to convert their underused fields into working forests.
  • Netflix’s partnership with AFF will support the project’s first 6,000 acres of land and spread the initiative across the U.S. South, which AFF said in a Sept. 3 release will provide “additional revenue streams to rural landowners while planting trees to combat climate change.”

The Fields & Forests program is currently available to landowners in Alabama, Florida, Georgia and South Carolina that have over 30 acres of unplanted fields and are looking to diversify their property. AFF said the program is tailored to small-acreage landowners who have historically been excluded from the voluntary carbon market due to high upfront costs and complexities attached to adopting such initiatives.

In order to qualify for the program, landowners must own property that has not been forested for at least 10 years and commit to a 30-year enrollment period.

Netflix inks carbon credit deal to boost afforestation across southern US | ESG Dive

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