2024 KCP Application
Customers & Partnerships
Project Summary / Description:
In 1989, the Lowman fire burned in Idaho near where I grew up, eventually burning over 46,000 acres of land. I remember seeing the billowing, mushroom cloud of smoke rising over the mountains that frame the north side of Boise and thinking it amazing. I always assumed that it would grow back or that someone would replant it. Twenty-two years later, I took my wife to see where I grew up. On our travels, we were confronted with the scar of the Lowman fire. It's not really growing back. It shocked me out of my childhood understanding of the world that someone would take care of it. Amongst other things, it motivated me to start RenewWest. Along the way, I‚ ve found a team of people who are equally as committed. We‚ ve spent a few years developing a model that will provide value to all stakeholders and leverages additional investment to maximize impact. We‚ re going to plant trees in areas across the American West that have been damaged by severe wildfire, using capital provided by investors, and providing returns through the sale of carbon offsets on the California carbon market. We‚ re raising capital to pre-develop our projects to a shovel ready state and to establish and raise the fund. We‚ ll use these funds to acquire carbon conservation easements for lands in need of reforestation, pay for forestry analysis on how to plant those lands, and do early seedling supply work. We're going to fix this. Are you interested in helping?
Regions of Operations:
Best Estimate of GHG Avoidance/Reduction of This Project (Tonnes CO2 Equivalent/Year):
Research or Economic Modeling
Measurement, Reporting & Validation
Vision Statement: RenewWest wants to change the way that Americans value their forests ‚ from a resource only based upon extraction to one focused upon growth. Mission Statement: RenewWest is a for-profit company committed to its mission of: Finding new ways to make it financially attractive to plant trees in areas that have been deforested. Providing long-term value to investors who are looking to make a positive environmental and social impact. Company Goals: RenewWest seeks to create a new model for forest value in the United States. Our goals include: To be a nationally-recognized brand name in high-quality, forest-based carbon offsets with premium value. To generate predictable, institutional investment-grade returns for decades. Company Objectives: RenewWest‚ objectives include: To become the largest company involved in replanting lost forests of the American West within three years To replant 35,000 acres of forests within 5 years. To be the leading provider of US forest-based carbon offset in 10 years. Business Philosophy: RenewWest will strive to build lasting value for its investors, its partners, and the environment. Much like the forests it will regenerate, we will build relationships that withstand the passage of time and results that can be relied upon year after year. We will only act in the best interests of long-term environmental health, utilizing the most current scientific understanding of our field, and the best practices in the industry. We will employ responsible labor at all times and, when practical, focus on uplifting disadvantaged groups. Finally, RenewWest will exemplify the highest standards of ethical conduct in all that we do.