Baccala Ranch Reforestation

Overview

The Baccala Ranch Reforestation project, located in California, USA, is being developed by Mast Reforestation SPV I, LLC (“Mast”) and is expected to restore 523 acres that experienced high severity burn in the 2021 Dixie Fire. Mast’s unique approach to post-wildfire restoration combines proven reforestation practices with new technology to regrow healthy, resilient, climate-adapted forests after they have experienced catastrophic wildfires. In collaboration with large private landholders, Mast develops high-quality projects with positive biodiversity impacts on lands faster than they would naturally regenerate due to the severe impact from wildfires.

The Baccala Ranch Reforestation project is expected to remove approximately 91,500 tonnes of CO2e and generate an equivalent number of carbon credits, with expected issuance in 2026. The Baccala Ranch Reforestation project is expected to be registered under Climate Action Reserve’s Climate Forward program.

Impact Highlights

Protecting Climate & Biodiversity

In addition to carbon removal, the project supports climate resilient forests that improve wildlife habitat and soil quality, further supporting the health of terrestrial and aquatic ecosystems. The Baccala Ranch Reforestation project will be restoring habitat for black bear, coyotes, blacktail deer and bald eagles. Intersecting with the Pacific Crest Trail, Baccala Ranch is located in the Lake Almanor Watershed and reforestation will reduce sedimentation, improve water quality, and enhance hydrologic function of this crucial watershed. The project will be placed into a perpetual conservation easement that will protect the land from development, logging, or subdivision.

Creating Healthy Communities

Healthy forests support healthy communities. The project will also create new sustainable economic opportunities for rural communities, many of them impacted by a shrinking timber economy, through the creation of reforestation opportunities in seed collection, site preparation and seedling planting.

Carbon Credits

The Baccala Ranch Reforestation project is expected to generate approximately 91,500 carbon removal credits. A portion of the revenue from the sale of the carbon credits will flow back to Mast (the project partner) and the landowner. Closing of the Baccala Ranch Reforestation Stream is subject to customary conditions with closing expected to occur in mid-2024.

Key Attributes

Project Type

Removal / Sequestration

Project Category

Reforestation (ARR)

Standard Body

Climate Action Reserve | Climate Forward (expected)

Number of UN SDGs

4 targeted

Initial Credit Issuance

2026E

Key Attributes

Project Type

Removal / Sequestration

Project Category

Reforestation (ARR)

Standard Body

Climate Action Reserve | Climate Forward (expected)

Number of UN SDGs

4 targeted

Initial Credit Issuance

2026E

Climate Action Reserve’s Climate Forward Program

The Baccala Ranch Reforestation project is expected to be registered under Climate Action Reserve’s Climate Forward program. This program is designed to catalyze innovative, creative emissions reduction projects that require upfront investments by generating Forecasted Mitigation Units using a methodology specifically intended for forward financing. Each Forecasted Mitigation Unit is equal to one metric ton of carbon dioxide equivalent (CO2e) expected to be reduced or sequestered. Forecasted Mitigation Units for any given project or project area are issued in one tranche following confirmation which occurs approximately one year after planting to ensure seedling survival beyond the highest mortality period, and can be converted to Climate Reserve Tonnes with post monitoring and verification, or retired to mitigate future anticipated emissions.

Project Partner

As the leading end-to-end reforestation company in the U.S., Mast is on a mission to make reforestation scalable. As bigger and hotter fires destroy more forestland every year, Mast Reforestation provides faster and more resilient forest restoration at no cost to landowners. Mast provides everything from collecting native, diverse seed species to site prep, planting, and ongoing monitoring, using carbon financing to pay for it all. Mast Reforestation encompasses a portfolio of trusted companies: DroneSeed, Silvaseed, and Cal Forest, which bring a combined 150+ years of nursery experience and make Mast one of the largest suppliers of seed and seedlings in the U.S. Mast’s investors include Alexis Ohanian’s Seven Seven Six, Social Capital, DBL Partners, Marc Benioff’s TIME Ventures, Elemental Excelerator, and more.

The Baccala family was devastated after the Dixie Fire tore through their land in 2021 and wanted to reforest their land as quickly as possible and lay a foundation for conserving the land for generations. Mast was able to offer both by applying our unique blend of forestry expertise and technology. The financing provided by Carbon Streaming will allow us to restore the fire-impacted lands on this historic ranch and help the landowners care for the land they love.”