Japan’s forestry sector is at a crossroads. Population decline and cheap imported timber are driving down prices. Forest ownership is fragmented and small-scale, further limiting profitability. The workforce is aging and shrinking. As a result, many forests — planted decades ago, when timber profits seemed surer — are now under-managed, abandoned, or not replanted after being clear-cut. “Especially over the past few years, we have seen a lot of forest owners decide to give up their land,” says Akio Abe, associate director of the Ishinomaki District Forestry Association in Miyagi Prefecture. …Carbon credits, Abe hopes, can provide the financial backing needed to turn the Ishinomaki District woods into a boon, not a burden, for both local landowners and the environment. Together with corporate partners, the foresters are applying for credits certified by an international body, a rarity among forest carbon projects in Japan.