VICTORIA – Private investors are being offered a chance tocreate forestry jobs, fight global
warming and reduce their carbon footprint under an innovative silviculture partnership
sponsored by the B.C. government, Forests Lands and Natural Resource Operations Minister
Steve Thomson announced today.
The ministry has issued a request for proposals from parties interested in replanting Crown land
damaged by wildfires, pine beetle and other factors not related to commercial timber harvesting.
The request for proposals is available at: www.bcbid.gov.bc.ca
Interested parties have until Thursday, March 8, 2012 to submit their proposals.
Program partners – for example, banks, carbon finance companies, silviculture firms and First
Nations – can generate significant carbon credits, which they will be able to sell on the open
market as the carbon storage value of these replanted areas increases over time.
For the 2012 planting season, the ministry is targeting between 500 and 2,000 hectares of
Crown land, with plans to increases that to as much as 10,000 hectares annually by 2015.
Investors will be responsible for the long‐term maintenance and monitoring of their projects.
It’s estimated that a 1,000‐hectare forest carbon restoration project would cost $1 million to
$1.5 million and store an additional 160,000 metric tonnes of carbon dioxide from enhanced tree
growth over its 70‐year life‐span, creating 12 silviculture jobs in the near term and up to 100
forestry jobs in the long term.
As an incentive to investors, the Pacific Carbon Trust, a Crown corporation, has allocated space
in its offset portfolio to purchase up to 100,000 tonnes of carbon credits generated from this
request for proposals.
Forest companies are required by law to replant areas where logging has occurred, including
beetle‐damaged areas where trees have been commercially harvested. However, B.C. has
approximately 600,000 to 800,000 hectares of wildfire burns and pine beetle‐damaged
timberlands that cannot be commercially harvested and have been deemed eligible for forest
carbon restoration projects.
Ministry of Forests, Lands and Natural Resource Operations
Connect with the Province of B.C. at: www.gov.bc.ca/connect