Re-matriating Land to the Yurok Tribe in Northern California

About

New Forests has worked with the Yurok Tribe for over a decade. The Yurok Tribe, which has over 6,300 members and manages over 50,000 acres of land along the Klamath River, are currently the largest Tribe in California.

Key Initiative

In 2011, New Forests and the Yurok Tribe co-developed the first forest carbon project for California’s emissions trading system. In 2018, New Forests started collaborating with the Yurok Tribe and the Trust for Public Land (TPL) to return 2,424 acres of culturally and ecologically important land to the Tribe in perpetuity. The land, which was owned by one of New Forests’ forestry funds, is located within the political boundaries of the Yurok Reservation, along Ke’pel Creek, and is an important part of the Klamath River watershed that provides drinking water to the Yurok Tribe and supports wildlife habitat. The collaboration with TPL has assisted the Yurok Tribe in accessing the funds from the California Natural Resources Agency to finance the purchase. The sale was completed in the first half of 2021.

Impact

Historically, the Yurok maintained lands extending along the Pacific coast, from north of modern-day Klamath to Mendocino. Acquiring this additional land from New Forests supports the Yurok Tribe’s efforts to reclaim their ancestral territory. This is an example of New Forests collaborating with native communities to return culturally and ecologically significant land to their historical owners.

Delivering on Sustainable Development Goals

New Forests Advisory Pty Limited (ACN 114 545 274) is registered with the Australian Securities and Investments Commission and is the holder of AFSL No 301556 which authorises it and its authorised representatives New Forests Asset Management Pty Limited (ACN 114 545 283), (AFS Representative Number 376306), and New Agriculture Pty Limited (ACN 658 097 020) (AFS Representative Number 001298119) to provide general advice to wholesale clients into investments managed by New Forests. New Forests Inc is registered as an investment adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). Registration with the SEC does not imply any specific or certain level of skill or training. New Forests Asia (Singapore) Pte Ltd holds a Capital Markets Services Licence (CMS 100950) as an Accredited/Institutional Licenced Fund Management Company (A/I LFMC), issued by the Monetary Authority of Singapore.

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