Russell and Elva Turner

8/14/2019 Russell and Elva Turner

1/7

2 0 0 7A N N U A LR E P O R T

evergreen&evergiving

2 0 0 8A N N U A LG O A L S


2/7


3/7

In 2007, the Pacic Forest Trust strivedto assure working forests and their

stewards garner greater recognition for

the tremendous resources they provide

the public and our planet. We advanced

historic policies and engineered

landmark carbon transactions that

together substantiated the valueof forest-derived climate benets.

We advanced our forest

conservation efforts in

Oregon and Washington.

We conserved at-risk family

forestlands in the Sierra

and launched a collaborativeeffort in the Klamath-Cascade

that will help preserve a sustainable,

forest-based future in Californias wood-

basket. And throughout the year, we

continued to unite sustainability-focused

landowners, foresters, timber companies,

environmentalists,policymakers and

businesses to work

together to keep

working forests

Evergreen and

Evergiving.

Working to Secure an Ever-Livable Climate Future

Forests can work to keep our planet cool, if we workto keep them standing strong.

This is the message we delivered to landowners, legislatforesters and nanciers across the nation as we pushedforward with ourWorking Forests , Winning Climate

initiative to promote policies, protocols and programs twill help put more than 400 million acres of U.S. forestl

to work to deliver real and lasting climate benets.

In California, the Pacic Forest Trust (PFT) assembled abroad coalition of stakeholders to secure the adoption

of the Forest Protocols by the California Air ResourcesBoard (CARB) the lead agency implementing thestates Global Warming Solutions Act (AB 32). With th

October approval of the Forest Protocols establishingthe rules for voluntary early action projects, forestsofcially became part of Californias strategy to achieve

its ambitious emissions reductions goals and the Forest

Protocols became the rst government-endorsed, forescarbon standards in the United States. The action has

also positioned landowners to prot from the multi-billdollar international greenhouse gas offset market.

The Forest Protocols developed over a four-year perwith the participation of scientists, foresters and climateexperts ensure carbon dioxide emissions reductions

(ERs) generated from working forests are consistent wiinternational norms. The Forest Protocols set rigorousrules for calculating ERs that are additional to what a

forest would normally provide under business-as-usual

management. They also assureERs are permanent by requirin

forest practices be secured wconservation easement and tall carbon calculations are ver

by independent, third-partycertiers.

The CARB vote representeculmination of work star tby PFT with its successful

2002 legislative initiative

an evergiving year2 0 0 7 H I G H L I G H T S I


4/7

their forests

from expansivedevelopment in theCalifornia SierraNevada.

The 725-acre Turner CreekRanch owned by Russell and Elva

Turner in beautiful Sierra Valley iswithin commuting distance of growingpopulation centers Truckee and Reno andhad been threatened by development pressures

that could have divided the property into more than80 individual lots. Instead, thanks to a working forestconservation easement (WFCE) agreement, the historicranch that has been run by the Turner Family for more

than 150 years will be perpetually preserved and

its cattle grazing, hay farming and timberoperations sustained.

The Love Creek Forest 413acres of family-owned forestlandbordering Stanislaus NationalForest and Big Trees State Par faced similar development

threats due to its proximityto these popular public lands.Having seen an increasingnumber of their neighbors

properties converted tosubdivisions and wanting to stem

this tide, the Smith Family generouagreed to donate a WFCE to PFT.

In doing so, the Smiths ensured theirforestlands would never be converted and woul

continue to be managed in the same sustainable mannerthat has beneted the entire region for generations.

Further north in California, PFT began work on ourKlamaCascade Greenprint for the Future. A collaborative researchand planning project undertaken with community leadersacross the region, the goal of the KC Greenprintis to cre

a roadmap for sustaining a forest-based future in what

is one of the most productive and biodiverseconifer regions in the world. The Klamath-Cascade is Californias wood basketand provides the state with themajority of its water.A declining timber industryand escalating development,however is beginning to

threaten this

natural and

global treasure.

that led to the creation of

the Forest Protocols by theCalifornia Climate ActionRegistry.

Further advancing forestsas a positive climate changeagent in 2007 were a series

of high-prole sales of carbondioxide (CO2) ERs from our model

Van Eck Forest Project a carbonbanking and sustainable forestryoperation on 2,200 acres of working

forestlands in Humboldt County. HouseSpeaker Nancy Pelosi, California Governor

Arnold Schwarzenegger and California Assembly Speaker

Fabian Nez all invested in Van Eck-generated ERs to helpreduce their personal carbon footprints.

In Washington State , two key climate bills PFT

helped develop were signed into law. One setssignicant emissions reductions goals andthe other calls for the development of annventory and accounting framework thatwill enable Washington to join emerging

carbon trading markets. Both new lawsrecognize the importance of Washingtonsforests to these efforts. PFT also servedon the states forestr y-focused TechnicalWorking Group (TWG) and, in that role,helped develop strategies to slow forest lossand enhance the ability of Washingtons foreststo store more carbon.

Beyond the West, PFT continued its work with stakeholdersn New England to help expand the role of forests in theevolving Regional Greenhouse Gas Initiative. We similarlyadvised an emerging coalition of climate-focused groupsn the Southeast. And we expanded our presence inthe nations capitol educating key policymakers in theU.S. Senate, House of Representatives and in key federalagencies about how best to incorporate climate gains from

forest conservation and sustainable management in federal

policies and subsequent carbon markets.

Keeping Forests Ever-Productive throughCooperative ConservationThe Pacic Forest Trusts growing conservation teamtraveled up and down the West Coast in 2007 working

with landowners to conserve and steward their lands. Byyears end, PFT completed two conservation agreements

with family forest landowners, helping them safeguard


5/7

Yet fur ther nor th, just acrossthe border in Oregon, thePacific Forest Trust announced

we would seek to have the 5,000-plus acres of private in-holdings weve

acquired as part of ourCascade-SiskiyouNational Monument Campaign to Complete

the Vision transferred to public ownership andofcially added to the Monument. Backed by

the support of Oregons U.S. Senators GordonSmith (R) and Ron Wyden (D) along with House

Representative Peter DeFazio (D), PFT worked with theBureau of Land Management (BLM) to secure more than$860,000 in federal grants to facilitate a BLM purchase ofPFT-owned property encompassing parts of the famedPacic Coast Trail.

Gathering to Celebrate Ever-Worthy Projects and Partners

The Pacic Forest Trust c losed out 2007 by paying tr ibuteto ourEvergreen & Evergivingforests and their championsat our annual Forest Fete dinner and awards ceremony.

Former Secretary of the California EnvironmentalProtection Agency and leading energy, environment andclimate strategist, Terr y Tamminen, gave the eveningskeynote address and spoke of the tremendous progressbeing made throughout the country on climateissues despite the lack of national leadership. Hepraised PFTs trailblazing climate work in the

forestry sector and encouraged all to extendtheir support of ourWorking Forests , WinningClimate program.

Mary Nichols, Chair of the California AirResources Board (CARB), was presented withour Outside-the-Box Award for her supportof the Forest Protocols. Accepting her award,Nichols told the gathering that CARB couldnthave done this without the long-term efforts ofthe Pacic Forest Trust.

Family-owned Port Blakely Tree Farms was honoredas Forest Champion of the Year for their model

stewardship of commercial forestlands in Washingtonand Oregon. Martin Rosen and Misty Gruber

were recognized for their many yearsof dedicated service as longtime PFTboard members. And PFT Stewardship

Forester Matt Fehrenbacherwas named Outstanding

Staff Member of the Yearfor his leadership managing

the Van Eckforestlands

in Oregon andCalifornia.

Forest Fete

2007 was madepossible thanks

to the generoussponsorship ofK&L Gates, Pacic Gasand Electric Company,Autodesk, The Collins Companies,MMA Sustainable Land Investments and WM Beaty &Associates along with dozens more supportive businessesfamilies and individuals.

Strengthening Our Ever-Expanding Organization

Recognizing our nations forest infrastructure wascontinuing to be threatened and the perils of globalwarming were drawing ever near, in 2007 the PacicForest Trust further advanced our advocacy of workingforests and their four core benets wood, water, wildlife

and a well-balanced climate. We shared our expertisewith an ever-broadening audience in an effor

to positively impact forest issuesnationally.

We brought in John Bernstein

a conservation professionalwith 25 years of experiencto lead our land trust and

stewardship programsas vice president ofconservation. We retainedSally Ericsson as our

representative in WashingtoD.C. to rally congressional

support for and help shapenational forest and climate

policy. We added development staffwho have helped us extend our circle of

concerned and committed contributors. We enhancedour internal operating systems with the addition of anew director of nance and administration, Peter Kodzis.And we boosted our constituency building efforts withincreased media coverage of PFTs initiatives.

Reecting our ever-expanding efforts, PFTs operatingrevenues grew 15 percent thanks to the support of agrowing community of benefactors.


6/7

an evergreen future2 0 0 8 G O A L S

Enhance Conservation of

Vital Forest Landscapes

Conserve key working forests in the Central Sierraas part of our new Love Creek Watershed Project

Expand conservation of threatened forestlandsbordering Yosemite National Park

Collaborate with landowners and other stakeholdersto complete and implement the Klamath-CascadeGreenprint for the Future

Advance conservation opportunities in Washington;develop strategies to protect the ecologically rich, yetthreatened, Eastern Cascades

Expand conservation partnerships in Oregon;complete rst-stage transfer of Cascade-SiskiyouNational Monument in-holdings to the Bureau of LandManagement for ofcial inclusion in the Monument

Promote Landmark ForestClimate Policies & Programs

Work to further develop AB 32 implementationmeasures ensuring the integration and effectivedeployment of the forest sector to achieve Californiasgreenhouse gas emissions reductions targets

Advocate for state, regional and national climatepolicies that include forests and contain clear andstrong principles

Continue collaborative efforts in the New England-area Regional Greenhouse Gas Initiative and theWestern Climate Initiative

Advance national climate policy by collaborating witha broad array of stakeholders and scientic communitymembers to provide key technical advice to Congressand the Administration

Fur ther advance the growing forest carbon marketand work with the California Climate Action Registry tochampion Californias Forest Protocols as the basis forvoluntary offset standards to be used in this expandingmarketplace

Upgrade & Expand ForestStewardship Activities

Prepare for Land Trust Alliance accreditation Educate easement landowners about climate-relatedforest management, the potential to register forestcarbon stocks with the California Climate Action Registryand opportunities to market CO2 emissions reductions

everproductive capital-2007 F INANCIAL REVIEW*

*Unaudited nancials. Financial results include operations and conservation acquisitions ($4 million for the Turner Creek Ranch Project). The audited2007 Annual Report Financial Summary will be available for download on our website in late summer. Complete audited nancial statements and anindependent auditors report will also be available upon request at that time.

General andAdministrative - 3.3%

Fundraising - 2.7%Programs - 94%

Miscellaneous Income - 0.2%

Donations - 6.9%Fee for Services - 6.8%Interest & Investments - 6.2%Foundation Grants - 15.9%Government Grants - 64%

Revenue - $6,261,133* Expenses - $6,205,453*

2008 The Pacic Forest Trust. All rights reserved.

Printed on recycled paper with soybean inks.


7/7

California is a leader

in the ght against

global warming. I

look forward toworking with

organizations like

the Pacic Forest

Trust because it

is important that

we continue to

focus on innovative

ways to reduce

our societys carbon

footprint.

Governor Arnold SchwarzeneggerState of California

The Pacific Forest Trusts Van Eck Forest Project

meets the highest standards, providing real,

significant and durable sequestration.

Diane Wittenberg

Executive Director

The Climate Registry

Its my great honor to be

chairing the Air Resources

Board at a moment when

we had an opportunity

to adopt the Forestry

Protocols under AB32.

What we have done

in California is going

to have repercussions

around the world...and

we couldnt have done this

without the long-term efforts of

the Pacic Forest Trust.

Mary Nichols

Chair

California Air Resources Board

I am grateful partnering with the Pacic Forest

Trust has allowed me to protect my ranch and

preserve my familys way of life here in the Sierra.

Russell Turner

Landowner

Turner Creek Ranch

everthoughtful supportIt is great to have the Pacic Forest Trust as a

partner in effor ts to conserve land within the

Cascade-Siskiyou National Monument. The

Monuments unique biological diversity needssafeguarding, and a key step is working with the

Bureau of Land Management to acquire these

important lands so that its forests, meadows and

waterways will benet the American people for

generations to come.

Senator Ron Wyden

Oregon

United States Senate

Nobody is doing more

for the climate and thepositive role forests

can play than the

Pacic Forest Trust.

Terry Tamminen

former Secretary

Cal-EPAi

Reducing greenhouse gas emissions is in all of our

best interests. Having the Pacic Forest Trust manage

our forests for their climate benets, as well as for

sustainable timber harvest, is, therefore, somethingwere proud to be doing.

Derek van Eck

Chairman

Van Eck Forest Foundation

It is essential that we

lead by example

and neutralize

our travel-

generated

carbonemissions.

I am pleased

that we could

do so with

condence by

working with

the Pacic Forest

Trust.

Speaker Nancy Pelosi

United States House

of Representatives

Documents

Russell and Elva Turner