EMS Forest
Elizabeth Metis Settlement Forest Carbon Project
Operator
Elizabeth Metis Settlement and Anew Climate LLC
Location
Alberta, Canada
Stage
Development
Commodity
Compliance carbon credit under Alberta’s Technology Innovation and Emissions Reduction Regulation (TIER) framework or voluntary carbon offset (ACR)
Terms
40.5% project royalty for up to 10 years
Purchase Price
Royalty Structure
- 40.5% project royalty on Elizabeth Metis Settlement’s carbon offset revenue
- 10-year term or until the first 225,000 carbon offsets are issued and sold
Overview
- The conservation and reforestation of the boreal forest create carbon offsets from the combination of trees not being logged and from trees absorbing atmospheric CO2 and sequestering it into their biomass
- Anew, North America’s largest developer and marketer of carbon offsets, is undertaking the EMS Forest Project’s development
- EMS Forest Project covers a forested area of ~15,500 hectares
- Development of the EMS Forest Project is being contemplated under either Alberta’s Technology Innovation and Emissions Reduction Regulation system targeting Albertan regulated emitters or the American Carbon Registry for voluntary carbon market uses
- EMS Forest Project’s carbon offset revenues, net of expenses, will be split between EMS and Green Star
