REMBERT, SC (Sept. 27, 2021) — Milliken Forestry Company and ACRE Investment Management today announced the launch of GreenTrees South Carolina, bringing a global leader in reforestation to the Palmetto State.
GreenTrees is the largest voluntary forest carbon project in the world providing access to carbon markets otherwise inaccessible to small and medium-size landowners. The project helps landowners plan, plant, and measure the carbon sequestration from the trees they grow on their land, which is then independently verified by the American Carbon Registry and added to the carbon market to be sold to a diverse group of buyers.
In addition to the carbon sequestration provided by reforestation, using land to grow trees also has positive water quality and biodiversity impacts, helping to restore wildlife habitats. To date, more than 50 million trees have been planted by GreenTrees and landowner partners, with 100 million trees committed by 2030. More than 600 landowners have participated in the project in 13 states.
The South Carolina project launched at an announcement event on Sept. 27 at Modern Turf, a state-of-the-art turfgrass production company specializing in growing and installing a wide selection of high-quality grass varieties for the golf, sports, and landscape industries. The company’s president, Hank Kerfoot, will be participating in the project.
Trip Chavis, President and CEO of Milliken Forestry Company: “Milliken Forestry Company is proud to partner with ACRE Investment Management to bring GreenTrees to South Carolina. GreenTrees will provide a tremendous benefit to small and medium-size landowners in South Carolina, helping them access carbon markets that would otherwise be out of reach. We look forward to working with landowners across South Carolina to take advantage of this new opportunity.”
Chandler Van Voorhis, Co-Founder and Managing Partner of ACRE Investment Management: “Landowners are on the front lines of the conservation and restoration economy. GreenTrees is committed to helping landowners of all sizes improve their land and generate income from natural capital markets by connecting with sustainable companies looking to remove carbon from the atmosphere through reforestation. We are excited to add South Carolina to our growing group of states reaping the rewards of the project thanks to our partnership with Milliken Forestry Company.”