TerraCarbon and The Nature Conservancy receive Innovation Award from the American Carbon Registry
The American Carbon Registry has honored TerraCarbon and the North Carolina Chapter of The Nature Conservancy (TNC) for their innovative work developing the methodology for Restoration of Pocosin Wetlands.
A type of freshwater wetlands unique to the Atlantic Coastal plain of the U.S. extending from southern Virginia to northern Florida, pocosins store substantial amounts of carbon. At one time they covered over one million acres in eastern North Carolina alone. Only about 280,000 acres remain today, mirroring the trend across the United States of massive wetland loss following settlement.
Pocosin wetlands were ditched and drained for agriculture and forestry beginning in the late 1700s. When pocosin wetlands dry up, carbon is released. The ability to generate carbon offsets from the restoration represents an innovative opportunity to attract carbon finance to avoid further carbon loss.
Read the ACR announcement.