Philadelphia-based carbon project developer Finite Carbon has issued forest carbon credits for its Northeast Carry Woodlands project in Maine, one of the first and largest projects to clear registration under the newly updated Improved Forest Management (IFM) methodology by the American Carbon Registry (ACR).
The project spans 212,806 acres and all credits generated carry the Core Carbon Principles (CCP) label, the voluntary carbon market’s designation for high-quality carbon credits, according to a company statement by Finite Carbon on Thursday.
The updated ACR IFM v2.1 methodology refines how project baselines are evaluated and monitored, improving transparency and accountability and raising confidence in nature-based climate solutions.
Relevant: New Analysis Shows Undisturbed Old Forests Store Dramatically More CO2 Than Managed Ones
Dynamic baselines—which adjust periodically to reflect changes in regional forestry practices and economic conditions—are a central feature of the new standard, and are widely seen as a meaningful improvement over older, static approaches.
The Northeast Carry Woodlands project is part of a larger holding of more than one million acres in Maine’s northern forest managed by the Buck family, one of the largest private forest landscapes in the eastern United States.
The biodiverse landscape encompasses northern hardwood and softwood forests alongside rivers, lakes, and wetlands, including Moosehead Lake, the Penobscot River, and the Allagash Wilderness Waterway.
“I’m proud of our team for this accomplishment,” David Stevenson, President of Finite Carbon, said, highlighting that the use of ACR’s robust methodology promotes measurable climate impact and healthy forest management.
The initiative is certified under the Sustainable Forestry Initiative and exceeds Maine Forest Service best management practices for water quality, maintaining enhanced forest cover along waterways, reducing erosion, and mitigating flood risk.
By entering the voluntary carbon market, the project aims to deliver long-term, quantifiable outcomes for carbon storage, responsible forest stewardship, and local economic stability.
Read more: Isometric, Gold Standard And ACR Methodologies Gain CCP-Approved Status From ICVCM
