The project will be broken down into three parts, all with a required performance review following the completion of that part’s objectives. 1. Project Initiation & Background Review Meet with the project team to understand landowner goals, forest management objectives, existing uses, and constraints. Review forest management plan and short and long-term goals for the CEF. 2. Market & Policy Landscape Review Assess current market trends, demand, and pricing for applicable ecosystem service credits (e.g. carbon, biodiversity, water). Review policies and incentives at local, state, national, and international levels that could impact project viability. Identify potential private sector investment opportunities that could spur conservation projects and maximize existing conservation objectives. 3. Opportunity Screening & Feasibility Analysis Identify the full range of ecosystem service project options suitable for the property. Examples include: o Improved Forest Management (IFM) Carbon Project o Biodiversity credits (Habitat banking, species offsets) o Water quality/quantity projects (Mitigation banking, flood mitigation services) o Payments for ecosystem services (PES) schemes o CEF co-benefits sponsorship For each option, assess: o Technical feasibility based on forest characteristics and site conditions o Revenue estimates and timelines
