Funding aids effort to combat climate change
WILMINGTON, Del., April 22, 2021 /PRNewswire/ — The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions, today announced a partnership with the American Forest Foundation (AFF) to preserve and enhance family-owned forest lands in West Virginia to help combat climate change.
Chemours, through its Vibrant Communities Initiative, will provide a $260,000 grant to help fund the expansion of the Family Forest Carbon Program (FFCP) into West Virginia. Chemours funding will enable incentives to enroll 6,500 acres of family-owned forest land – one acre for each of Chemours’ 6,500 employees — to implement management practices to grow the economic and environmental value of their forested properties over time.
The FFCP – an initiative designed to benefit the climate as well as other forest values including biodiversity, wildlife enhancement, and clean water – has been piloted in sixteen counties in Pennsylvania to date, and has proven effective in engaging family landowners and providing them tools and financial support to improve the health of their forested lands and generate climate benefits. The Chemours-supported phase of the program will roll out in West Virginia throughout 2021 and 2022.
Sheryl Telford, Chief Sustainability Officer for Chemours, explained the significance of the grant: “Chemours applauds and supports the AFF in effecting substantial environmental change by improving owner-access to practices that positively impact climate, wildlife, and water.”
The AFF mission is to deliver meaningful conservation impact through the empowerment of family forest landowners. Forests consume carbon through photosynthesis, reducing the effects of climate change by reducing overall carbon dioxide in the atmosphere. The Chemours Vibrant Communities grant is an important step in achieving progress on the goal of accessing 30,000 acres of West Virginia family-owned forests to effect forest management improvement maximizing long-term carbon sequestration and storage availability.
