Just had the Kwaikah First Nation and partner’s Kwaxala and associated Centree projects cross my radar. Fascinating initiatives along a number of contours. Some more details below via this report, and additional story via the embedded video.

Kwaikah First Nation worked with the BC Ministry of Forests over three years to convert the logging obligation into a structure that supported their vision to protect and regenerate their territory, retiring the license’s extractive obligations. These regenerative rights are now held by the Nation, and generate an annual carbon offset revenue from a living forest.

The Nation has also founded Kwaxala, which has created a new form of pooled investment fund and securitized the annual revenue from the project into Living Forest Shares—perpetual investment units that investors hold in exchange for a share of ecological output. The Living Forest Share mechanism effectively converts relatively low acquisition cost per hectare Tree Farm Licenses and modest income streams from carbon credits into a balance sheet asset which the Kwiakah First Nation can leverage to fund ecosystem regeneration and community economic development.