A qualitative assessment of corporate timberland companies’ participation in Forest carbon programs

Abstract

Greenhouse gas emissions have contributed to climate change, resulting in significant environmental and socioeconomic consequences, including rising sea levels and more frequent extreme weather events. The urgency to mitigate these effects has motivated governments and industries to seek innovative solutions that reduce carbon footprints and promote sustainability. Sustainable forest management practices, which aim to maximize carbon storage in both forests and forest products, offer a powerful strategy to reduce atmospheric CO₂. This study explores how market-based mechanisms, such as forest carbon programs, can help meet greenhouse gas reduction targets in accordance with international agreements, including the Kyoto Protocol. By examining corporate timber companies’ participation in carbon markets, the study highlights how sustainable forestry practices align with economic goals while reducing atmospheric CO₂ levels. Through a strategic assessment of literature and interviews with decision-makers in corporate forestry, this research study examines the motivations, barriers, and opportunities for carbon market integration, climate policy priorities, and the potential to scale up corporate involvement in carbon projects.