Mayor Kathy Sheehan, Albany Water Department Announce Carbon Agreement with The Nature Conservancy
Participation in the Conservancy's Working Woodlands Program will safeguard clean drinking water for the City of Albany, protect critical forests, and generate revenue.
Mayor Kathy Sheehan was joined today by City of Albany Water Department Commissioner Joseph Coffey and The Nature Conservancy Chief Conservation and External Affairs Officer Stuart Gruskin at a press conference to announce a new carbon agreement between the Nature Conservancy, the City of Albany Water Department, and the Albany Water Board.
The Albany Water Department and Albany Water Board are entering into an agreement to participate in The Nature Conservancy’s Working Woodlands Program – a program that will safeguard clean drinking water for the City of Albany, protect critical forests, and generate revenue by marketing carbon credits to a voluntary carbon market.
As part of the agreement, The Nature Conservancy will conduct a forest and carbon inventory and prepare a ten year forest management plan for the Albany Water Board. Additionally, the Conservancy will provide ongoing advice on forest management planning, implementation, and other conservation related issues, and provide inventory, design, statistical guidance, quantification and modeling services related to the development of carbon credits for the voluntary carbon market.
This marks The Nature Conservancy’s first carbon agreement in the State of New York.
QUOTE FROM ALBANY MAYOR KATHY SHEEHAN
“This carbon agreement with The Nature Conservancy marks a significant step forward for the City of Albany. Participation in the Working Woodlands Program demonstrates the City’s commitment to protecting our natural resources and doing everything in our power to fight climate change.”
QUOTE FROM STUART F. GRUSKIN, CHIEF CONSERVATION AND EXTERNAL AFFAIRS OFFICER AT THE NATURE CONSERVANCY IN NEW YORK
“The carbon agreement with the Albany Water Board – our first in New York state – is a significant win for both people and nature. By joining the Conservancy's Working Woodlands Program, the Albany Water Board has demonstrated innovative leadership to safeguard clean drinking water for the City of Albany. This initiative creates a new revenue source for the city and supports a forward-looking market mechanism to address climate change, while ensuring that these important forests will remain intact, healthy and productive for future generations.”
QUOTE FROM ALBANY WATER DEPARTMENT COMMISIONER JOSEPH COFFEY
“The Working Woodlands Project collaboration between The Nature Conservancy, the City of Albany Water Department and the Albany Water Board demonstrates and reinforces the Water Department’s commitment to our core values of sustainability and stewardship. We will continue to act in ways to ensure long term management of our watershed to sustain a safe, high quality water supply source for decades to come. The opportunity to generate revenue for the Water Board from developing and marketing of carbon credits to the voluntary carbon market from our partnership with the Nature Conservancy is a very valuable added benefit.”
The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world's toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at an unprecedented scale, providing food and water sustainably and helping make cities more sustainable. Working in 72 countries, we use a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit www.nature.org or follow @nature_press on Twitter.