Ecosystem Services Work Group
DNR manages 5.6 million acres of state trust lands, aquatic lands, and natural areas that provide a suite of ecosystem services that include carbon sequestration, wildlife habitat, clean air and water, and many others. Emerging environmental markets, such as Washington State’s carbon offset program (RCW 70A.65.170), provide new opportunities for the state to monetize these ecosystem services assets while reducing or removing greenhouse gasses and enhancing other ecosystem services. Ecosystem services can be monetized by generating carbon offset credits and other types of ecosystem service credits via projects.
In 2023, the Washington State Legislature directed DNR to conduct an ecosystem services asset inventory and develop an ecosystem services asset plan for DNR-managed lands. DNR will hire a technical consultant to assist with this work. The plan will outline how ecosystem services provided by DNR-managed lands can be monetized and marketed and will include recommendations for how to implement the plan. Specifically, the plan will include the following elements:
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An inventory of DNR-managed lands that can be used to generate carbon offset credits or other ecosystem services credits
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Potential options/markets for selling these credits
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A marginal cost abatement model to inform highest and best use of DNR assets in carbon markets and other ecosystem services markets
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A needs assessment and implementation plan for marketing ecosystem services assets to third-party developers
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Policy or regulatory limitations to implementing the plan
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Components for a virtual dashboard for accessing the ecosystem services asset inventory, model information, and requests for ecosystem services project proposals
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Recommendations for the creation of an ecosystem services equity and innovation account
The Washington State Legislature also directed DNR to convene a Work Group composed of a balanced representation of experts and stakeholders to advise DNR and the technical consultant on conducting the inventory and developing the asset plan.
Roster
Click here to view members of the work group.
Statutory Authority
This work is funded by a proviso in the 2023 Operating Budget (2023 c 475 §310(12)).
Contact
Contact Makenna Milosevich, Environmental Planner, at [email protected] or 360-688-6300 with questions and comments.
Related Links
Meetings
The work group meets quarterly, or more regularly if needed, from April 2024 through June 2025. DNR will provide a progress report to the legislature by the end of 2024 and a final report of findings by June 2025. All meetings will be held remotely over Zoom and will be open to the public.
2024 Meetings
August 29, 9 am to 12 pm
Agenda (coming soon)