Investing just 0.034 per cent of global GDP could transform the world's forestry sector, halving deforestation rates, slashing carbon emissions and creating up to five million new jobs by the middle of the century.That is the conclusion of a major new report from the UN Environment Programme (UNEP), which argues that investing an average of $40bn a year in forest protection would allow forests to absorb 28 per cent more carbon from the atmosphere than they do now.
PEFC International has unanimously approved the application of the China Forest Certification Council (CFCC) to join the world's largest forest certification system.
Wood producers urge for speedy evaluation of logging firms
MANILA, Philippines (Xinhua) -- The Philippine Wood Producers Association (PWPA) is urging the government to speed up its evaluation of logging firms so that those who comply with rules on sustainable forest management could resume operations.
In January, a deal was struck between the Pacific Carbon Trust (the provincial Crown corporation responsible for buying carbon "offsets") and one of British Columbia's biggest logging companies - a deal that would allegedly result in hundreds of thousands of tonnes of additional carbon being stored in trees.
Ever since United States house prices peaked in mid-2006 and the great economic slump began south of the border, British Columbia's government and forest industry alike have been understandably anxious.
Dependent as we have been on the U.S. market for billions of dollars in forest product purchases, B.C. naturally yearned to open up new markets.
Given its spectacular economic growth, China became the focus, and before long B.C.'s marketing efforts yielded gains in both the volume and dollar value of forest products exported.
In the aftermath of the disastrous wildfires in 2003 that burned hundreds of homes and caused millions of dollars in property damage in and around the communities of Kelowna and Barriere, the City of Cranbrook began doing what hundreds of other communities across B.C. must do if they wish to better protect themselves from future wildfires.
Sustaining forests: investing in our common future - UNEP Policy Brief
UNEP has published the fifth issue in the Policy Brief on Ecosystem Management series. This policy brief seeks to outline how forests can be a key part of a green economy that provides opportunities for innovative solutions to forest management. The provides an overview of the many values of forest assets before reviewing the complex issues that threaten forests globally and lastly looking at the emerging innovative market and policy solutions that can promote long-term sustainable forest management and contribute to a green economy.
The European Union's top envoy to Uganda, Ambassador Roberto Ridolfi, has thrown his weight behind the chorus against a proposal by President Museveni to hand out part of Mabira rainforest to sugar manufacturer-SCOUL to grow sugarcane.
PUNE: Soon, planting trees could become a money-making proposition. A proposal on 'tree credits,' a concept to make conditions favourable for people to willingly grow and protect trees by getting appropriate periodic financial returns, has been floated by the directorate of social forestry.
