Three out of Four N.A. Corporations Have Positive Attitude toward Forestry

Print this article | Send to Colleague

EcoSecurities, Portland, Ore., USA, an organization in the business of sourcing and developing greenhouse gas emission reduction projects, Conservation International, The Climate, Community & Biodiversity Alliance, ClimateBiz, and Norton Rose Group this week announced the findings of their second annual "forest carbon offsetting report 2010," which focuses on corporations' attitudes towards carbon offsets from forestry projects. The forest carbon offsetting research sampled 207 organizations, specifically 157 global, multinational, and regional organizations (68 of which have headquarters in North America) and 50 carbon companies.

 Focusing on the North American respondents, highlights of the research include:

• For the second year in a row, three out of four North American respondents claim to have a positive attitude towards forestry
• Participants from North America highlighted the most important factor when purchasing forest carbon offsets are carbon standards (85%), closely followed by project location (85%), and project type (83%)
• Avoided deforestation in the tropics and reforestation with native species (both around 40%) were rated the most highly desirable types of forestry project
• Domestic U.S. (79%) and South America (74%) were the most sought-after regions from which to purchase forest carbon credits
• The Voluntary Carbon Standard (VCS) and Climate Action Reserve (CAR) were the two most popular carbon standards for North American respondents (73% and 63% respectively).

A full version of the Forest Carbon Offsetting Survey 2010 is available online.