A Return on Redwoods

A novel deal may save forests and recoup investors

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For years, special-interest groups have raised money to buy and rope off wild lands to protect them. But in June a unique partnership announced it had purchased 50,635 acres of northern California redwood forest and would preserve the land by operating it as a nonprofit business. The acquisition was funded entirely by private capital. The lead group, the Redwood Forest Foundation, Inc. (RFFI), in Gualala, Calif., claims the deal creates the first nonprofit working forest in the country and could be a model for safeguarding other natural resources.

It’s always difficult to get the first transaction done,” says Don Kemp, executive director of RFFI and architect of the arrangement. “I’m hoping this one will be a catalyst for others.”

Mark Fischetti was a senior editor at Scientific American for nearly 20 years and covered sustainability issues, including climate, environment, energy, and more. He assigned and edited feature articles and news by journalists and scientists and also wrote in those formats. He was founding managing editor of two spin-off magazines: Scientific American Mind and Scientific American Earth 3.0. His 2001 article “Drowning New Orleans” predicted the widespread disaster that a storm like Hurricane Katrina would impose on the city. Fischetti has written as a freelancer for the New York Times, Sports Illustrated, Smithsonian and many other outlets. He co-authored the book Weaving the Web with Tim Berners-Lee, inventor of the World Wide Web, which tells the real story of how the Web was created. He also co-authored The New Killer Diseases with microbiologist Elinor Levy. Fischetti has a physics degree and has twice served as Attaway Fellow in Civic Culture at Centenary College of Louisiana, which awarded him an honorary doctorate. In 2021 he received the American Geophysical Union’s Robert C. Cowen Award for Sustained Achievement in Science Journalism. He has appeared on NBC’s Meet the Press, CNN, the History Channel, NPR News and many radio stations.

More by Mark Fischetti
Scientific American Magazine Vol 297 Issue 2This article was published with the title “A Return on Redwoods” in Scientific American Magazine Vol. 297 No. 2 ()
doi:10.1038/scientificamerican082007-6118k7veRARXBFiVUVCg7i

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