Since 2005 Cortex has incorporated potential forest carbon offset projects in the TimberWest discounted cash flow model (DCF). Cortex was selected as the project developer for the Strathcona Ecosystem Conservation Project (conservation of select old growth stands), which has successfully validated, verified, and sold 600,000 tonnes of offsets to the Pacific Carbon Trust (10,000,000 tonnes of potential offsets). The project details can be obtained using the Markit website.
Strathcona Ecosystem Conservation Project
Natural Resources Planning
- Enabled three successful audits, leading to the sale of 600,000 tonnes of offsets at $10/tonne.