AFF Signs Carbon Credit Deal with Netflix
ARR project Fields & Forests receives catalytic investment for afforestation across the
"Netflix's partnership shows what's possible when business and nature come together. With the right investment and science, natural climate solutions can be both a powerful and credible tool to address our most pressing conservation challenges." said
Netflix provided critical early-stage financing for F&F through an innovative financing approach: milestone prepayments. By tying upfront financial support to key milestones such as acres enrolled, milestone prepayments help F&F offer robust financial and technical resources to more landowners.
F&F is designed for small-acreage landowners who have historically been locked out of the voluntary carbon market due to high upfront costs and programmatic complexity. To make the project accessible, AFF pays for and handles all site preparation and tree planting, and provides landowners with ongoing technical support and annual payments throughout their 30-year contracts.
To date, F&F has enrolled 2,500 acres of family-owned lands, set to plant 1.4 million new trees, and committed
"This land is my only connection to my grandma. And I want it to provide for my daughter as she grows up," said
To learn more about how AFF supports rural communities, nature, and the planet through F&F, visit: https://familyforestcarbon.org/fieldsandforests/
About The American Forest Foundation
The American Forest Foundation is a national organization that empowers family forest owners to deliver meaningful conservation impact. The organization's programs, the Family Forest Carbon Program and the American Tree Farm System, help landowners implement forest management practices to care for the health and productivity of their woodlands. To learn more about the American Forest Foundation and the Family Forest Carbon Program, visit www.forestfoundation.org.
View original content to download multimedia:https://www.prnewswire.com/news-releases/aff-signs-carbon-credit-deal-with-netflix-302544318.html
SOURCE American Forest Foundation
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