This Week in Forest Finance, January 8
This Week in Forest Finance: $8M for Tribal forestry, $3.2M for WA reforestation, $1.9B for NM fire recovery, and $500K for DRC woodland restoration.
Arbor Day Foundation Awards $8M to Support Forestry Projects on Indigenous People's Day
The Arbor Day Foundation has subawarded $8 million in grants, funded by the USDA Forest Service through the Inflation Reduction Act, to support community forestry projects on or near Indigenous lands.
The funding, allocated to 16 Tribal subawardees representing 26 federally recognized Tribes, will be used for tree planting and green space development, with a focus on food sovereignty, workforce development, and cultural resilience.
Key projects include fruit tree orchards, climate resiliency initiatives, and community forest restoration across states like Wisconsin, Alaska, and Oklahoma.
This initiative, announced on Indigenous Peoples’ Day, builds on the Arbor Day Foundation’s larger effort to empower underserved communities and advance climate action.
👉👉 Read more here
Western Australian Carbon Farming Program Allocates $3.2M to Restore 7,300 Hectares
The Western Australian Carbon Farming and Land Restoration Program, a flagship initiative under the State Climate Policy, has awarded $3.2 million in its third funding round to support six reforestation and two soil carbon projects across 7,300 hectares in the South West Land Division.
These projects, projected to remove 395,000 tonnes of CO₂ over 25 years, align with the program’s goals of sequestering carbon, producing Australian Carbon Credit Units (ACCUs), and delivering co-benefits like biodiversity conservation, agricultural productivity, and Aboriginal economic outcomes.
Since 2022, the program has provided $3.8 million to landowners, demonstrating the potential for carbon farming to integrate with sustainable agriculture and decarbonization efforts.
👉👉 View the full list of recipients here
$1.5 Billion Allocated for Hermits Peak-Calf Canyon Fire Victims, Including $1.9 Billion for Reforestation
The U.S. House passed a stopgap spending bill allocating an additional $1.5 billion for victims of the 2022 Hermits Peak-Calf Canyon Fire in New Mexico, bringing total compensation to $5.45 billion. Of this, $1.9 billion is designated for reforestation and landscape restoration to repair the damage caused by the largest wildfire in state history.
The funding also covers other costs like smoke and ash cleanup ($1.6 billion) and rebuilding burned structures ($771 million). The bill extends the deadline for victims to file claims and aims to provide full compensation for families, businesses, and communities impacted by the fire.
👉👉 Read more in Source New Mexico
DFC Approves $500,000 for Reforestation in Africa’s Miombo Woodlands
According to Africa Private Equity News, the U.S. International Development Finance Corporation (DFC) has approved $500,000 in technical assistance to Carbon Ventures Advisors for a reforestation project in the Democratic Republic of the Congo.
The initiative will apparently restore approximately 6,000 hectares of degraded Miombo woodlands, develop carbon credits, and enable their sale in global markets. The project aligns with efforts to combat climate change by promoting carbon sequestration while restoring vital ecosystems.
👉👉 Read a full list of projects funded by the DFC here
Edited by Chris Harris
This work is licensed under a
Creative Commons Attribution 4.0 International License.
