The Presidio 1001-A O’Reilly AvenueSan Francisco, CA 94129www.PacificForest.org 415.561.0700

ON THE COVER: A small sampling of the faces and places that have helped make PFT’s 15 years of service so special.

Standing Up for Climate BenefitsPFT Backing Holistic, ‘No Net Loss’ Approach for Forests

closer to implementing its landmark climate legislation, Assembly Bill 32. We’re encouraged by the AB 32 proposed scoping plan’s inclusion of forests as a key sector. The proposed plan incorporates our recommended sector-wide approach to monitoring and managing the carbon stored in California’s forests, including a policy of “no net loss” of forest carbon benefits. It also calls for accurate accounting of forest-based emissions,

which is especially critical as forests can affect other sectors including land use, construction, energy and transportation.

The proposed plan also includes a role for the marketing of forest carbon emissions reductions, or “offsets,” that give landowners a financial incentive to manage their forests for climate gains.

We continue to work with California’s Climate Action Registry in developing a “version 2.0” of their accounting protocols to ensure those emissions reductions are permanent, verifiable, and additional to what can be achieved with business-as-usual practices.

“Our successes in California serve as a guide for our policy work in Washington State, the mid-Atlantic and southern states, as well as the Western Climate Initiative and the Regional Greenhouse Gas Initiative,” says PFT President Laurie Wayburn. “We’re taking what we learn from these efforts across the country to advance a strong national framework for forest climate policy, in collaboration with landowners and other climate stakeholders.”

Forests can work to keep our climate cool. But only if we stop their loss

and conserve, manage and restore them so that they absorb and store more carbon. That’s why the Pacific Forest Trust is building strong climate policies and robust markets that will utilize forests as a key tool in the effort to combat global warming.

We’ve had significant success in California this year as the state moves

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INTERNATIONAL INFLUENCE: A delegration of Chinese forestry officials led by Zhou Shaozhou (third from right) and German advisors from GTZ met with PFT’s policy team in October to learn about our forest carbon policy initiatives.

NONPROFIT ORGU.S. POSTAGE PAID

SAN RAFAEL, CAPERMIT NO. 985

ADDRESS SERVICE REQUESTED

Printed on recycled paper

NONPROFIT ORGU.S. POSTAGE PAID

SAN RAFAEL, CAPERMIT NO. 985

The Pacific Forest Trust is a non-profit,501(c)(3) organization dedicated to sustaining

America’s working forests for all their public benefits

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the services – like carbon sequestration – that our forests provide. It will mean basing our policies and practices on the most comprehensive science possible, including our improving understanding of the structure and function of forest ecosystems. It will mean restoring and maintaining ecologically sustainable conditions where they’ve been lost. It will mean reestablishing credible public land management agencies and policies.

“Sustaining our forests will require aggressive investment in research and monitoring programs,” Franklin concludes. “And it will require credible third-party assessments of forestland management policies, including those applied to federally owned forests.”

Franklin remains humble about his accomplishments, hastening to add that his achievements have all been collaborative. “I’ve had an incredible cadre of creative and personable associates who have been critical to my creativity and success.” t

2 7

ForestLifeForests for Work. Forests for Life.

The Newsletter of

The Pacific Forest Trust Board of DirectorsWalter Sedgwick, Co-Chair

Timothy N. Taylor, Co-ChairWilliam W. Stelle, Jr., Vice-Chair

Charles Swindells, TreasurerAndrea E. Tuttle, Secretary

Laurie A. Wayburn, PresidentWilliam H. Banzhaf

Constance BestNorman L. Christensen, Jr.

O.H. Perry LloydKirk Marckwald

Timothy B. PirrungJames D. RangeHal SalwasserGregory Tebbe

William Hutton, Counsel

StaffLaurie A. Wayburn, President

Constance Best, Managing DirectorRandall Beren, Communications Director

John Bernstein, VP ConservationAnton Chiono, Policy Associate

Andrea Deleon, Administrative AssistantSally Ericsson, National Policy RepresentativeMatt Fehrenbacher, Stewardship Forester

Christine Harrison, Communications Manager Rachael Katz, Policy Project Manager

Peter Kodzis, Director of Finance & Admin.Jessica Neff, Stewardship AssociateSean O’Sullivan, Office/IT ManagerAlex Page, Development Associate

Jonathan Remucal, Stewardship ManagerEmily Russell-Roy, NE Policy Project ManagerNicole Schuetz, Development Mgr./Foundations

Paula Swedeen, Senior Policy AnalystDale Thornburgh, Ph.D., Senior Forester(CA Registered Professional Forester #430)

Steve Van Landingham, Development DirectorJolanta Zakrzewski, Accountant

Editors: Randall Beren & Christine HarrisonArt Director: Randall Beren

The Pacific Forest Trust is the leading non-profitorganization dedicated to sustaining America’s vital

working forests for all their public benefits.

© 2008 The Pacific Forest Trust. All rights reserved.Reproduction permitted with attribution.

Jerry Franklin

Thank You We gratefully acknowledge the following donors whose financial gifts and pledges from May 2008 to

October 2008 have helped make our work possible

Timothy and Billie Taylor George and Anita Thompson Steve Thompson Karie and David Thomson Steve Van Landingham Kirby Walker and Paul DanielsonLeslie Walker Burlock and Walter BurlockBrooks Walker, Jr.Laurie A. WayburnEdgar WayburnGeorgia WestdahlGregory and Daphne Tebbe

BusinessesAutodeskBaldwin, Blomstrom, Wilkinson & AssociatesCalifornia Ski Industry AssociationThe Campbell GroupCantor CO2eThe Collins CompaniesESRIGreen Mountain Energy CompanyHancock Timber Resource GroupK&L GatesMendocino Redwood CompanyMMA Sustainable Land InvestmentsMTR WesternPacific Gas and Electric CompanyPort Blakely Tree FarmsR&A Investment ForestryRedtree PropertiesSoluri, Emrick & Meserve Sullivan & Worcester Trillium Asset ManagementWM Beaty & Associates

Foundations Ayrshire FoundationBella Vista Foundation Bullitt FoundationEnergy FoundationJames Irvine FoundationKongsgaard-Goldman FoundationLaird Norton Family FoundationMarisla FoundationMoore Charitable FoundationMorgan Family FoundationRobertson FoundationS.D. Bechtel, Jr. FoundationSan Francisco FoundationWeeden Foundation

Guests from Sacramento arriving at Forest Fete 2008 enjoyed a comfortable, low-carbon ride on one of the nation’s plushest motorcoaches thanks to a generous contribution from MTR Western, one of the evening’s supporting sponsors.

The west coast-based charter motorcoach operator already is a top choice for tour groups, sports teams and others seeking style and comfort when they travel. Now the fleet’s top-of-the-line features include a “net carbon negative” carbon footprint achieved with a combination of 74 state-of-the-art, cleaner-burning diesel vehicles and 6,000 metric tons of emissions reductions from PFT’s Van Eck Forest Project.

“We’re the only charter motorcoach carrier in North America I know of that mitigates more than 100 percent of the emissions it creates by purchasing carbon offsets,” says Darren Berg, Chief Executive Officer of MTR Western. “Our proud support of PFT and the Van Eck Forest Project is compelling evidence of our commitment toward being a responsible environmental citizen.” t

RidingClean & Green

withMTR Western

Often called the “guru of old growth forests” and the “father of new

forestry,” University of Washington Professor of Forest Ecology Jerry Franklin, Ph.D, is known far and wide for his work developing a new forest management paradigm – one that promotes ecological as well as economic objectives.

Franklin broke new ground by uniting ecosystem science with forest management, creating what he calls “ecological forestry” – a management practice that recognizes the complex web of life in forests and its important contributions to society.

In recognition of these achievements, the Pacific Forest Trust (PFT) honored Franklin with the 2008 Sequoia Award for Lifetime Achievement at this year’s Forest Fete.

“The award means a great deal to me because it comes from an organization fully engaged in bringing the principles of science and conservation to the development and implementation of forest policy,” Franklin says. “This makes the award much more meaningful than were it to have come from my academic peers. Coming from the Pacific Forest Trust, it means my activities have had real and positive consequences for forest conservation.”

In both his research and teaching, Franklin’s focus is now aimed at reestablishing stewardship as the central tenet of forestry. “Sustaining our forests,” he explains, “is going to require efforts across a very broad array of fronts.

“It will mean facilitating the continued stewardship of private forests. It will mean developing new ways of valuing

Franklin on Forests‘Father of New Forestry’ Speaks About Sequoia Award and Need for Stewardship

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IndividualsMichael and Jeanne Adams Ralph Benson John Bernstein Peter Boyer and Terry Gamble Samuel H. Brown Lewis and Sheana Butler Ed and Kerry Cooper Peter Davis Kate Ditzler and Stuart Gasner Caroline Donsbough Katie Falkoff Nancy Fardelmann Douglas Ferguson James P. Finerty Betsy and Jesse Fink Rachel Fletcher Robert Flint, Jr. Michael Gallagher Kass Green and Gene Forsburg Edmund Hayes, Jr. George Helmholz Maurice and Janice Holloway Joe Houghteling Bennett Johnston John Laughlin Konrad J. Liegel Dixon Long Gregory E. Loniewski, Jr. Ross MacWhinney Drew Maran and Sandra Slater Kirk Marckwald and Christina Desser Sylvia McLaughlin Dan McNevin Osha Meserve Amy Meyer Douglas Miller Wes Miller Stephen C. and Amanda Morris Theresa Nelson Jennifer Niedermeyer Nancy Nordhoff Gilman and Marge Ordway Ben Patton Timothy and Ulrike Pirrung Gary C. Rynearson Walter and Jeanne Sedgwick Elizabeth Sedgwick Ed Small Steven A. Small Pieter Smith Linda Snyder Charlie Swindells

3

Everyone Wins with Woods Trailblazing Landowners, Visionary Lawmaker and LeadingEcologist Honored at Annual Dinner and Awards Ceremony

Forest Trust and a roomful of people like you who are dedicated to our forests,” Franklin observed. “I believe if we understand forest ecosystems and fully understand their complexity and beauty, we will do the right thing.”

The Phillips Brothers Mill and Tree Farm accepted the Forest Champion of the Year award honoring their groundbreaking work as the first family forest owners to enter into a working forest conservation easement partnership with PFT. “Our forest cannot be subdivided or broken up. It will be harvested in perpetuity as a biodiverse, multi-aged forest,” declared Gary Hendrix, the family’s spokesman. “I want to thank the Pacific Forest Trust for helping us realize a vision of conserving our land so it could be passed on in perpetuity to future generations of Phillips.”

Senator Debbie Stabenow (MI) received the Outside-the-Box Award for raising awareness of the climate

benefits of forests in Congress. In her acceptance video, she commended PFT’s economic model for rewarding landowners who manage their forests for climate benefits. “I believe we need to make sure that there are strong incentives for sustainable forest management practices and that we can tackle global warming by having those incentives in place,” she said.

Speaker of the House Pelosi, along with Senators Boxer and Feinstein, sent representatives who each presented PFT with a meritorious citation lauding our 15 years of service protecting and promoting working forests.

Forest Fete 2008 was presented with the generous support of Mendocino Redwood Company, Pacific Gas & Electric Company and dozens more businesses and individuals. t

View Fete photos and videos at: www.pacificforest.org/forestfete/forestfete08.html.

“Tonight we have tree huggers and tree loggers, landowners

and regulators, foresters and conservationists, bankers and birders, scientists and surfers, Democrats and Republicans – every one of us united behind winning with woods.”

With that rallying introduction, Pacific Forest Trust Managing Director Connie Best welcomed supporters to Forest Fete 2008: Everyone Wins with Woods.

Renowned conservation biologist Thomas Lovejoy, who gave the evening’s keynote speech on climate change, began the program praising PFT’s forest stewardship principles. “The whole world needs to be managing their forests in the way the Pacific Forest Trust is encouraging,” asserted Lovejoy.

Pioneering forest ecologist Jerry Franklin, who received the Sequoia Award for Lifetime Achievement (see opposite page), shared an optimistic vision for the future of forests. “It really fills me with hope when we have organizations like the Pacific

Klamath-Cascade CollaborationsPartnerships Helping Conserve Sierra Valley and Monument Lands

PFT last year, explains why he and his neighbors are looking to easement partnerships to conserve their lands and way of life:

“With the pressure for subdividing and second homes in the mountains, we have to make decisions that will enable us to pass along our lands to the next generation,” says Turner. “With land values the way they are, the properties won’t survive settlement of an estate. But by conserving our lands with groups like the Pacific Forest Trust, we can all go forward.” “If we can create a big conservation circle around this valley, it would make me so happy,” adds Linda Sanford, whose Valley View Angus Ranch was the first Sierra Valley property to be conserved by PFT 11 years ago. “It’s a critical zone and it’s worth saving.”

We’re also fulfilling our promise to realize a more complete, more fully conserved Cascade-Siskiyou National Monument (CSNM). By year’s end, the Bureau of Land

Management (BLM) will have purchased from PFT 1,000 acres of land within the CSNM Planning Area. This first transfer of private lands into the public CSNM uses federal funds PFT helped secure with the support of Senators Wyden, Smith and Feinstein and the Soda Mountain Wilderness Council. The tracts include a mile of the famed Pacific Crest Trail and are adjacent to old-growth stands already owned by BLM and in the Monument.

PFT currently holds 4,720 acres of forestlands within the CSNM Planning Area, all acquired to protect the integrity of the only national monument dedicated to biodiversity. These threatened lands were bought with lead funding from the Meyer Memorial Trust and the Bullitt and Weeden foundations, among others. As additional federal funds become available, we will continue to transfer more of these lands to the BLM for inclusion in the Monument. t

Tax Perks

6

The Pacific Forest Trust and our partners are advancing efforts

to conserve thousands of acres in the remarkably biodiverse Klamath-Cascade eco-region, a key PFT focal area. Comprising an arc that extends from Oregon’s Klamath River basin across California’s Cascade peaks and into the northern Sierra, the region supports thousands of families who earn their livelihoods working their lands and provides essential wood, water and wildlife habitat.

In California’s Sierra Valley – where we’ve already conserved 2,700-plus acres of forest and ranch lands in partnership with three different families – PFT has joined with several more landowners to design working forest conservation easement (WFCE) partnerships that will create a conservation corridor of more than 5,600 acres where the headwaters of the Feather River forms the largest alpine wetland in North America.

Sierra Valley landowner Russell Turner, who completed a WFCE with

Landowners seeking to conserve their forests for the benefit of future generations will continue to have a generous tax incentive to do so with the renewal and expansion of the 2008 Farm Bill. The incentive, which is retroactive to January 2008 and extends through 2009, raises the deduction for donating an easement from 30% of a donor’s income in any one year to 50%. It also increases the number of years over which one can take deductions from six to 16. For more information about WFCEs and tax incentives, contact John Bernstein at 415.561.0700.

Landowners and PFT easement partners Russell Turner and Bob Copren (center) show Trout Unlimited’s John Williamson (left) and local forester Bob Suter (right) the lay of the land during a recent conservation tour of the Sierra Valley.

(from left) Gary, Gregg and Allison Hendrix and Kathy, Denice and Ed Smith are Phillips family members proud to be honored as Forest Champion of the Year.

Fete GuestsCarol Finkelsteinand Sandy Dean

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across the country. From our founding, we’ve also been developing policy and market frameworks that reward forest landowners for providing ecosystem services. The success of these efforts has been validated by California’s approval of forest carbon sequestration projects as an early-action measure to meet climate goals and by the Van Eck Forest Project becoming the first such project registered in the state. Selling emissions reductions from the project is demonstrating that sustainably managed forests can offer landowners real financial returns.

What has fueled PFT’s growth?

CB: It’s taken good ideas, great partnerships and, frankly, persistence.

LW: We focused on positive solutions to complex problems. We found

synergies between commerce and conservation. And, when we added the climate benefits of forests, we achieved a triple win for landowners, forests and the public.

Your work with PFT is a labor of love. What makes it all worthwhile?

CB: It’s gratifying to see the tools we’ve developed take on a life of their own. Hundreds of thousands of acres of forestland around the country are being safeguarded with Working Forest Conservation Easements. Many partners are working with us across the U.S. to harness the power of working forests to solve the climate crisis. That’s very exciting to us.

LW: And it’s incredibly rewarding every time we’re out on one of the properties we’ve worked with a landowner to conserve. It’s a wonderful feeling to know these forests are going to be well-managed, benefiting people and nature for generations to come.

What is your vision for the organization going forward?

CB: The challenges of sustaining our forests are only increasing in this turbulent time of global change. Our vision is for PFT to continue expanding our partnerships so together we can create a society that values forests for all they provide – wood, water, wildlife and a well-balanced climate.

LW: The value of the whole forest is far greater than the sum of its parts. This is a fundamental shift in the way people value forests. So, we intend to continue building on this model in order to retain, sustain and gain from forests in ways that benefit us all. t

4

During the “Redwood Summer” of 1990, thousands of activists gathered in Northern California, chaining themselves to trees and blocking bulldozers to protest unsustainable logging. People were polarized. Extremism ruled. PFT founders Laurie Wayburn and Connie Best met soon after and conceived of a new approach to forest conservation.

“We wanted to start an organization where people met on the same side of the table, instead of across barricades,” Best recalls. “Maybe this all seemed radical, improbable. But our ideas began to click with many people: forest owners, managers, investors and conservationists who joined with us to form the Pacific Forest Trust.”

Today, those alliances form the backbone of PFT’s innovative approach to conserving forests for all their ecological and economic benefits. For our 15th anniversary, Wayburn and Best reflect on the evolution of PFT into the leading non-profit advocating for working forests and their public benefits.

What established the Pacific Forest Trust as an innovator?

Laurie Wayburn: We started by developing strategies to wrestle with the fact that economics shape the forest landscape. When we began, forests were valued for timber and land development – a reality that led to the unintended consequence

of forest loss and depletion. We, therefore, wanted to harness financial markets to promote practices that would result in more abundant forests with healthier ecosystems. We needed economic incentives that would reward

landowners for their conservation and stewardship efforts. We also saw an opportunity to apply groundbreaking new findings in forest ecology to forest management in ways that would benefit both landowners and forests.

Connie Best: One of our first steps was to develop a new tool that would conserve managed forestlands and offer landowners tax incentives. The result was the Working Forest Conservation Easement, which we promoted to landowners and the conservation community and that is now in wide use

5

Best & Wayburn Weigh 15 Years of WorkConservation, Commerce, Partnerships and Persistence Define PFT

The Pacific Forest Trust is proud to be celebrating 15 years of delivering innovative conservation and climate solutions. Since our founding, we’ve made great progress ensuring America’s working forests are safeguarded and strengthened for the benefit of generations to come.

But there is much work yet to do to successfully tackle new conservation challenges in the West and promote strong climate policies nationally.

That’s why PFT’s Board of Directors is sponsoring a 15 Year Anniversary Donor Challenge. With your support, we’re aiming to kick off the next 15 years with expanded and enhanced partnerships that will enable us to better Retain, Sustain and Gain from America’s working forests.

To help us meet these goals, our Board – spurred by sizeable gifts from Gregory and Daphne Tebbe and Charles Swindells – has generously offered to double the size of your 2008 gift by up to $150,000 – that’s $10,000 for every year we’ve been championing forests.

So, please, celebrate our past by giving to our future. Donate today by using the attached envelope to mail your gift. Or give online at: www.PacificForest.org

Irvine & LTA Honor

Wayburn For Climate WorkPFT President Laurie Wayburn has received two highly prestigious awards this year in recognition of her and PFT’s pioneering climate work.

In June, Wayburn was named one of six recipients of the 2008 James Irvine Foundation Leadership Award and received $125,000 to support PFT’s climate policy work in California.

“We believe Laurie Wayburn’s innovative, cooperative approach to conservation and climate change action will make a real difference in Californians’ lives,” says Jim Canales, Irvine Foundation president and CEO.

In September, Wayburn received the Land Trust Alliance’s Kingsbury Browne Conservation Leadership Award and was named a fellow at the Lincoln Institute of Land Policy.

“While others were simply thinking about carbon credits, Laurie and her team were designing a credible, state-adopted system for measuring and selling emissions reductions from forests that is now considered a model,” says Russ Shay, LTA director of public policy. t

Wayburn andLTA President

Rand Wentworth

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Anniversary Challenge

doublesYour Gift

15 YEARS

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across the country. From our founding, we’ve also been developing policy and market frameworks that reward forest landowners for providing ecosystem services. The success of these efforts has been validated by California’s approval of forest carbon sequestration projects as an early-action measure to meet climate goals and by the Van Eck Forest Project becoming the first such project registered in the state. Selling emissions reductions from the project is demonstrating that sustainably managed forests can offer landowners real financial returns.

What has fueled PFT’s growth?

CB: It’s taken good ideas, great partnerships and, frankly, persistence.

LW: We focused on positive solutions to complex problems. We found

synergies between commerce and conservation. And, when we added the climate benefits of forests, we achieved a triple win for landowners, forests and the public.

Your work with PFT is a labor of love. What makes it all worthwhile?

CB: It’s gratifying to see the tools we’ve developed take on a life of their own. Hundreds of thousands of acres of forestland around the country are being safeguarded with Working Forest Conservation Easements. Many partners are working with us across the U.S. to harness the power of working forests to solve the climate crisis. That’s very exciting to us.

LW: And it’s incredibly rewarding every time we’re out on one of the properties we’ve worked with a landowner to conserve. It’s a wonderful feeling to know these forests are going to be well-managed, benefiting people and nature for generations to come.

What is your vision for the organization going forward?

CB: The challenges of sustaining our forests are only increasing in this turbulent time of global change. Our vision is for PFT to continue expanding our partnerships so together we can create a society that values forests for all they provide – wood, water, wildlife and a well-balanced climate.

LW: The value of the whole forest is far greater than the sum of its parts. This is a fundamental shift in the way people value forests. So, we intend to continue building on this model in order to retain, sustain and gain from forests in ways that benefit us all. t

4

During the “Redwood Summer” of 1990, thousands of activists gathered in Northern California, chaining themselves to trees and blocking bulldozers to protest unsustainable logging. People were polarized. Extremism ruled. PFT founders Laurie Wayburn and Connie Best met soon after and conceived of a new approach to forest conservation.

“We wanted to start an organization where people met on the same side of the table, instead of across barricades,” Best recalls. “Maybe this all seemed radical, improbable. But our ideas began to click with many people: forest owners, managers, investors and conservationists who joined with us to form the Pacific Forest Trust.”

Today, those alliances form the backbone of PFT’s innovative approach to conserving forests for all their ecological and economic benefits. For our 15th anniversary, Wayburn and Best reflect on the evolution of PFT into the leading non-profit advocating for working forests and their public benefits.

What established the Pacific Forest Trust as an innovator?

Laurie Wayburn: We started by developing strategies to wrestle with the fact that economics shape the forest landscape. When we began, forests were valued for timber and land development – a reality that led to the unintended consequence

of forest loss and depletion. We, therefore, wanted to harness financial markets to promote practices that would result in more abundant forests with healthier ecosystems. We needed economic incentives that would reward

landowners for their conservation and stewardship efforts. We also saw an opportunity to apply groundbreaking new findings in forest ecology to forest management in ways that would benefit both landowners and forests.

Connie Best: One of our first steps was to develop a new tool that would conserve managed forestlands and offer landowners tax incentives. The result was the Working Forest Conservation Easement, which we promoted to landowners and the conservation community and that is now in wide use

5

Best & Wayburn Weigh 15 Years of WorkConservation, Commerce, Partnerships and Persistence Define PFT

The Pacific Forest Trust is proud to be celebrating 15 years of delivering innovative conservation and climate solutions. Since our founding, we’ve made great progress ensuring America’s working forests are safeguarded and strengthened for the benefit of generations to come.

But there is much work yet to do to successfully tackle new conservation challenges in the West and promote strong climate policies nationally.

That’s why PFT’s Board of Directors is sponsoring a 15 Year Anniversary Donor Challenge. With your support, we’re aiming to kick off the next 15 years with expanded and enhanced partnerships that will enable us to better Retain, Sustain and Gain from America’s working forests.

To help us meet these goals, our Board – spurred by sizeable gifts from Gregory and Daphne Tebbe and Charles Swindells – has generously offered to double the size of your 2008 gift by up to $150,000 – that’s $10,000 for every year we’ve been championing forests.

So, please, celebrate our past by giving to our future. Donate today by using the attached envelope to mail your gift. Or give online at: www.PacificForest.org

Irvine & LTA Honor

Wayburn For Climate WorkPFT President Laurie Wayburn has received two highly prestigious awards this year in recognition of her and PFT’s pioneering climate work.

In June, Wayburn was named one of six recipients of the 2008 James Irvine Foundation Leadership Award and received $125,000 to support PFT’s climate policy work in California.

“We believe Laurie Wayburn’s innovative, cooperative approach to conservation and climate change action will make a real difference in Californians’ lives,” says Jim Canales, Irvine Foundation president and CEO.

In September, Wayburn received the Land Trust Alliance’s Kingsbury Browne Conservation Leadership Award and was named a fellow at the Lincoln Institute of Land Policy.

“While others were simply thinking about carbon credits, Laurie and her team were designing a credible, state-adopted system for measuring and selling emissions reductions from forests that is now considered a model,” says Russ Shay, LTA director of public policy. t

Wayburn andLTA President

Rand Wentworth

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Anniversary Challenge

doublesYour Gift

15 YEARS

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3

Everyone Wins with Woods Trailblazing Landowners, Visionary Lawmaker and LeadingEcologist Honored at Annual Dinner and Awards Ceremony

Forest Trust and a roomful of people like you who are dedicated to our forests,” Franklin observed. “I believe if we understand forest ecosystems and fully understand their complexity and beauty, we will do the right thing.”

The Phillips Brothers Mill and Tree Farm accepted the Forest Champion of the Year award honoring their groundbreaking work as the first family forest owners to enter into a working forest conservation easement partnership with PFT. “Our forest cannot be subdivided or broken up. It will be harvested in perpetuity as a biodiverse, multi-aged forest,” declared Gary Hendrix, the family’s spokesman. “I want to thank the Pacific Forest Trust for helping us realize a vision of conserving our land so it could be passed on in perpetuity to future generations of Phillips.”

Senator Debbie Stabenow (MI) received the Outside-the-Box Award for raising awareness of the climate

benefits of forests in Congress. In her acceptance video, she commended PFT’s economic model for rewarding landowners who manage their forests for climate benefits. “I believe we need to make sure that there are strong incentives for sustainable forest management practices and that we can tackle global warming by having those incentives in place,” she said.

Speaker of the House Pelosi, along with Senators Boxer and Feinstein, sent representatives who each presented PFT with a meritorious citation lauding our 15 years of service protecting and promoting working forests.

Forest Fete 2008 was presented with the generous support of Mendocino Redwood Company, Pacific Gas & Electric Company and dozens more businesses and individuals. t

View Fete photos and videos at: www.pacificforest.org/forestfete/forestfete08.html.

“Tonight we have tree huggers and tree loggers, landowners

and regulators, foresters and conservationists, bankers and birders, scientists and surfers, Democrats and Republicans – every one of us united behind winning with woods.”

With that rallying introduction, Pacific Forest Trust Managing Director Connie Best welcomed supporters to Forest Fete 2008: Everyone Wins with Woods.

Renowned conservation biologist Thomas Lovejoy, who gave the evening’s keynote speech on climate change, began the program praising PFT’s forest stewardship principles. “The whole world needs to be managing their forests in the way the Pacific Forest Trust is encouraging,” asserted Lovejoy.

Pioneering forest ecologist Jerry Franklin, who received the Sequoia Award for Lifetime Achievement (see opposite page), shared an optimistic vision for the future of forests. “It really fills me with hope when we have organizations like the Pacific

Klamath-Cascade CollaborationsPartnerships Helping Conserve Sierra Valley and Monument Lands

PFT last year, explains why he and his neighbors are looking to easement partnerships to conserve their lands and way of life:

“With the pressure for subdividing and second homes in the mountains, we have to make decisions that will enable us to pass along our lands to the next generation,” says Turner. “With land values the way they are, the properties won’t survive settlement of an estate. But by conserving our lands with groups like the Pacific Forest Trust, we can all go forward.” “If we can create a big conservation circle around this valley, it would make me so happy,” adds Linda Sanford, whose Valley View Angus Ranch was the first Sierra Valley property to be conserved by PFT 11 years ago. “It’s a critical zone and it’s worth saving.”

We’re also fulfilling our promise to realize a more complete, more fully conserved Cascade-Siskiyou National Monument (CSNM). By year’s end, the Bureau of Land

Management (BLM) will have purchased from PFT 1,000 acres of land within the CSNM Planning Area. This first transfer of private lands into the public CSNM uses federal funds PFT helped secure with the support of Senators Wyden, Smith and Feinstein and the Soda Mountain Wilderness Council. The tracts include a mile of the famed Pacific Crest Trail and are adjacent to old-growth stands already owned by BLM and in the Monument.

PFT currently holds 4,720 acres of forestlands within the CSNM Planning Area, all acquired to protect the integrity of the only national monument dedicated to biodiversity. These threatened lands were bought with lead funding from the Meyer Memorial Trust and the Bullitt and Weeden foundations, among others. As additional federal funds become available, we will continue to transfer more of these lands to the BLM for inclusion in the Monument. t

Tax Perks

6

The Pacific Forest Trust and our partners are advancing efforts

to conserve thousands of acres in the remarkably biodiverse Klamath-Cascade eco-region, a key PFT focal area. Comprising an arc that extends from Oregon’s Klamath River basin across California’s Cascade peaks and into the northern Sierra, the region supports thousands of families who earn their livelihoods working their lands and provides essential wood, water and wildlife habitat.

In California’s Sierra Valley – where we’ve already conserved 2,700-plus acres of forest and ranch lands in partnership with three different families – PFT has joined with several more landowners to design working forest conservation easement (WFCE) partnerships that will create a conservation corridor of more than 5,600 acres where the headwaters of the Feather River forms the largest alpine wetland in North America.

Sierra Valley landowner Russell Turner, who completed a WFCE with

Landowners seeking to conserve their forests for the benefit of future generations will continue to have a generous tax incentive to do so with the renewal and expansion of the 2008 Farm Bill. The incentive, which is retroactive to January 2008 and extends through 2009, raises the deduction for donating an easement from 30% of a donor’s income in any one year to 50%. It also increases the number of years over which one can take deductions from six to 16. For more information about WFCEs and tax incentives, contact John Bernstein at 415.561.0700.

Landowners and PFT easement partners Russell Turner and Bob Copren (center) show Trout Unlimited’s John Williamson (left) and local forester Bob Suter (right) the lay of the land during a recent conservation tour of the Sierra Valley.

(from left) Gary, Gregg and Allison Hendrix and Kathy, Denice and Ed Smith are Phillips family members proud to be honored as Forest Champion of the Year.

Fete GuestsCarol Finkelsteinand Sandy Dean

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the services – like carbon sequestration – that our forests provide. It will mean basing our policies and practices on the most comprehensive science possible, including our improving understanding of the structure and function of forest ecosystems. It will mean restoring and maintaining ecologically sustainable conditions where they’ve been lost. It will mean reestablishing credible public land management agencies and policies.

“Sustaining our forests will require aggressive investment in research and monitoring programs,” Franklin concludes. “And it will require credible third-party assessments of forestland management policies, including those applied to federally owned forests.”

Franklin remains humble about his accomplishments, hastening to add that his achievements have all been collaborative. “I’ve had an incredible cadre of creative and personable associates who have been critical to my creativity and success.” t

2 7

ForestLifeForests for Work. Forests for Life.

The Newsletter of

The Pacific Forest Trust Board of DirectorsWalter Sedgwick, Co-Chair

Timothy N. Taylor, Co-ChairWilliam W. Stelle, Jr., Vice-Chair

Charles Swindells, TreasurerAndrea E. Tuttle, Secretary

Laurie A. Wayburn, PresidentWilliam H. Banzhaf

Constance BestNorman L. Christensen, Jr.

O.H. Perry LloydKirk Marckwald

Timothy B. PirrungJames D. RangeHal SalwasserGregory Tebbe

William Hutton, Counsel

StaffLaurie A. Wayburn, President

Constance Best, Managing DirectorRandall Beren, Communications Director

John Bernstein, VP ConservationAnton Chiono, Policy Associate

Andrea Deleon, Administrative AssistantSally Ericsson, National Policy RepresentativeMatt Fehrenbacher, Stewardship Forester

Christine Harrison, Communications Manager Rachael Katz, Policy Project Manager

Peter Kodzis, Director of Finance & Admin.Jessica Neff, Stewardship AssociateSean O’Sullivan, Office/IT ManagerAlex Page, Development Associate

Jonathan Remucal, Stewardship ManagerEmily Russell-Roy, NE Policy Project ManagerNicole Schuetz, Development Mgr./Foundations

Paula Swedeen, Senior Policy AnalystDale Thornburgh, Ph.D., Senior Forester(CA Registered Professional Forester #430)

Steve Van Landingham, Development DirectorJolanta Zakrzewski, Accountant

Editors: Randall Beren & Christine HarrisonArt Director: Randall Beren

The Pacific Forest Trust is the leading non-profitorganization dedicated to sustaining America’s vital

working forests for all their public benefits.

© 2008 The Pacific Forest Trust. All rights reserved.Reproduction permitted with attribution.

Jerry Franklin

Thank You We gratefully acknowledge the following donors whose financial gifts and pledges from May 2008 to

October 2008 have helped make our work possible

Timothy and Billie Taylor George and Anita Thompson Steve Thompson Karie and David Thomson Steve Van Landingham Kirby Walker and Paul DanielsonLeslie Walker Burlock and Walter BurlockBrooks Walker, Jr.Laurie A. WayburnEdgar WayburnGeorgia WestdahlGregory and Daphne Tebbe

BusinessesAutodeskBaldwin, Blomstrom, Wilkinson & AssociatesCalifornia Ski Industry AssociationThe Campbell GroupCantor CO2eThe Collins CompaniesESRIGreen Mountain Energy CompanyHancock Timber Resource GroupK&L GatesMendocino Redwood CompanyMMA Sustainable Land InvestmentsMTR WesternPacific Gas and Electric CompanyPort Blakely Tree FarmsR&A Investment ForestryRedtree PropertiesSoluri, Emrick & Meserve Sullivan & Worcester Trillium Asset ManagementWM Beaty & Associates

Foundations Ayrshire FoundationBella Vista Foundation Bullitt FoundationEnergy FoundationJames Irvine FoundationKongsgaard-Goldman FoundationLaird Norton Family FoundationMarisla FoundationMoore Charitable FoundationMorgan Family FoundationRobertson FoundationS.D. Bechtel, Jr. FoundationSan Francisco FoundationWeeden Foundation

Guests from Sacramento arriving at Forest Fete 2008 enjoyed a comfortable, low-carbon ride on one of the nation’s plushest motorcoaches thanks to a generous contribution from MTR Western, one of the evening’s supporting sponsors.

The west coast-based charter motorcoach operator already is a top choice for tour groups, sports teams and others seeking style and comfort when they travel. Now the fleet’s top-of-the-line features include a “net carbon negative” carbon footprint achieved with a combination of 74 state-of-the-art, cleaner-burning diesel vehicles and 6,000 metric tons of emissions reductions from PFT’s Van Eck Forest Project.

“We’re the only charter motorcoach carrier in North America I know of that mitigates more than 100 percent of the emissions it creates by purchasing carbon offsets,” says Darren Berg, Chief Executive Officer of MTR Western. “Our proud support of PFT and the Van Eck Forest Project is compelling evidence of our commitment toward being a responsible environmental citizen.” t

RidingClean & Green

withMTR Western

Often called the “guru of old growth forests” and the “father of new

forestry,” University of Washington Professor of Forest Ecology Jerry Franklin, Ph.D, is known far and wide for his work developing a new forest management paradigm – one that promotes ecological as well as economic objectives.

Franklin broke new ground by uniting ecosystem science with forest management, creating what he calls “ecological forestry” – a management practice that recognizes the complex web of life in forests and its important contributions to society.

In recognition of these achievements, the Pacific Forest Trust (PFT) honored Franklin with the 2008 Sequoia Award for Lifetime Achievement at this year’s Forest Fete.

“The award means a great deal to me because it comes from an organization fully engaged in bringing the principles of science and conservation to the development and implementation of forest policy,” Franklin says. “This makes the award much more meaningful than were it to have come from my academic peers. Coming from the Pacific Forest Trust, it means my activities have had real and positive consequences for forest conservation.”

In both his research and teaching, Franklin’s focus is now aimed at reestablishing stewardship as the central tenet of forestry. “Sustaining our forests,” he explains, “is going to require efforts across a very broad array of fronts.

“It will mean facilitating the continued stewardship of private forests. It will mean developing new ways of valuing

Franklin on Forests‘Father of New Forestry’ Speaks About Sequoia Award and Need for Stewardship

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IndividualsMichael and Jeanne Adams Ralph Benson John Bernstein Peter Boyer and Terry Gamble Samuel H. Brown Lewis and Sheana Butler Ed and Kerry Cooper Peter Davis Kate Ditzler and Stuart Gasner Caroline Donsbough Katie Falkoff Nancy Fardelmann Douglas Ferguson James P. Finerty Betsy and Jesse Fink Rachel Fletcher Robert Flint, Jr. Michael Gallagher Kass Green and Gene Forsburg Edmund Hayes, Jr. George Helmholz Maurice and Janice Holloway Joe Houghteling Bennett Johnston John Laughlin Konrad J. Liegel Dixon Long Gregory E. Loniewski, Jr. Ross MacWhinney Drew Maran and Sandra Slater Kirk Marckwald and Christina Desser Sylvia McLaughlin Dan McNevin Osha Meserve Amy Meyer Douglas Miller Wes Miller Stephen C. and Amanda Morris Theresa Nelson Jennifer Niedermeyer Nancy Nordhoff Gilman and Marge Ordway Ben Patton Timothy and Ulrike Pirrung Gary C. Rynearson Walter and Jeanne Sedgwick Elizabeth Sedgwick Ed Small Steven A. Small Pieter Smith Linda Snyder Charlie Swindells

The Presidio 1001-A O’Reilly AvenueSan Francisco, CA 94129www.PacificForest.org 415.561.0700

ON THE COVER: A small sampling of the faces and places that have helped make PFT’s 15 years of service so special.

Standing Up for Climate BenefitsPFT Backing Holistic, ‘No Net Loss’ Approach for Forests

closer to implementing its landmark climate legislation, Assembly Bill 32. We’re encouraged by the AB 32 proposed scoping plan’s inclusion of forests as a key sector. The proposed plan incorporates our recommended sector-wide approach to monitoring and managing the carbon stored in California’s forests, including a policy of “no net loss” of forest carbon benefits. It also calls for accurate accounting of forest-based emissions,

which is especially critical as forests can affect other sectors including land use, construction, energy and transportation.

The proposed plan also includes a role for the marketing of forest carbon emissions reductions, or “offsets,” that give landowners a financial incentive to manage their forests for climate gains.

We continue to work with California’s Climate Action Registry in developing a “version 2.0” of their accounting protocols to ensure those emissions reductions are permanent, verifiable, and additional to what can be achieved with business-as-usual practices.

“Our successes in California serve as a guide for our policy work in Washington State, the mid-Atlantic and southern states, as well as the Western Climate Initiative and the Regional Greenhouse Gas Initiative,” says PFT President Laurie Wayburn. “We’re taking what we learn from these efforts across the country to advance a strong national framework for forest climate policy, in collaboration with landowners and other climate stakeholders.”

Forests can work to keep our climate cool. But only if we stop their loss

and conserve, manage and restore them so that they absorb and store more carbon. That’s why the Pacific Forest Trust is building strong climate policies and robust markets that will utilize forests as a key tool in the effort to combat global warming.

We’ve had significant success in California this year as the state moves

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INTERNATIONAL INFLUENCE: A delegration of Chinese forestry officials led by Zhou Shaozhou (third from right) and German advisors from GTZ met with PFT’s policy team in October to learn about our forest carbon policy initiatives.

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