Australian timber industry news
Stora Enso to sell forest assets
Stora Enso is preparing to sell approximately 12% of its total forest assets of 1.4 million hectares in Sweden. Source: Timberbiz Stora Enso has therefore initiated steps to implement a new legal structure for its Swedish forest assets to facilitate the potential sale. A potential transaction would be subject to agreeing terms and conditions with investors, including a long-term wood supply and forest management agreement. If the sale goes ahead, it would reduce debt and strengthen Stora Enso’s balance sheet, confirming the financial value of the company’s forest holdings. Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. Stora Enso has approximately 20,000 employees and its sales in 2023 were EUR 9.4 billion.
Kategorien: Forest Products Industry
Navigating ecosystem reconstruction in NZ
Navigator X by Eco-Index is a mapping tool for Waitaha/Canterbury in New Zealand that helps people decide where to focus ecosystem reconstruction efforts. Ecosystem reconstruction is a specific kind of ecological restoration where native ecosystems are reconstructed from scratch. Source: Timberbiz Navigator X was created by the Eco-index research program to improve access to environmental information. “We want to help people who are interested in bringing local nature back to their landscapes. Cantabrians can now access region-wide information to help pinpoint places where ecosystem reconstruction will have the best return on investment,” Co-Director of Eco-index, Dr Kiri Joy Wallace (University of Waikato) said. Navigator X allows users to explore a 3D landscape with different coloured layers draped across the riverbanks, plains and slopes of Waitaha/Canterbury. Eco-index Data Scientists created the map by weaving the best available and trusted national environmental datasets with economic and ecological know-how. The coloured layers provide information about how “optimal” each area is for reconstructing native ecosystems. It allows users to consider a range of prioritisation options that represent their own reasons for undertaking ecosystem reconstruction. The prioritisation options include improving land stability, creating riparian benefits and supporting threatened environments. This new mapping tool is especially helpful for groups wanting to collaborate across large landscapes. “We see value in this map for supporting both rūnanga and catchment groups to get restoration work done in the right places. Greater benefits can be achieved for te taiao, including people, when we work collaboratively,” Wairewa Rūnanga Executive representative, Ana Gray (Kāti Irakehu, Ngāi Tahu) said. Navigator X is helpful because many of the diverse native forests, dunelands and wetlands that once cloaked the Waitaha/Canterbury landscape are missing. Reconstructing them will support biodiversity such as native birds, bats, reptiles, plants, fungi and microorganisms. Native ecosystem reconstruction will also improve local ecosystem services such as filtration and retention of rainwater to reduce floods, erosion control, and mitigation of natural hazards such as flooding, fire and landslides. “Navigator X does not provide the whole picture for ecosystem reconstruction but does add something new to the toolbox for decision-makers in large landscapes. We hope Navigator X for Waitaha/Canterbury will make prioritisation of reconstruction locations easier and more cost effective,” Eco-index Co-Director Dr John Reid (Ngāti Pikiao, Tainui) said. Navigator X does not provide any landowner, local authority or private information.
Kategorien: Forest Products Industry
Sumitomo Forestry to acquire control of Metricon Group
Sumitomo Forestry will acquire 51% of the equity shares of Metricon Group, Australia’s largest detached home builder, through its wholly owned subsidiary Sumitomo Forestry Australia. Metricon will become a consolidated subsidiary of Sumitomo Forestry. Source: Timberbiz The acquisition is expected to be complete by the end of the year and it has already passed through Australia’s competition requirements. Sumitomo Forestry will make Metricon, which sells mainly detached homes in the Australian States of Victoria, Queensland, New South Wales and South Australia, a consolidated subsidiary, with a view to expanding the company’s housing business in Australia and to build a stable earnings portfolio in its overseas housing business. Metricon does not expect any major changes to its operations in Australia, the company has around 2500 employees. Metricon CEO, Brad Duggan, says that after months of discussions and negotiations, whilst this strategic partnership marks the beginning of a new chapter, at Metricon it will be business as usual. “Metricon has worked hard over the past 24 months to return the group to its position of strength, and we are ecstatic that this work has resulted in the establishment of such an important partnership with Sumitomo Forestry. This partnership enhances Metricon’s readiness to respond to the opportunities in the Australian housing market,” Mr Duggan said. “Both Metricon and Sumitomo Forestry see the great advantages that can be harnessed from working together. The Australian housing industry, more than ever, needs strong participants to solve the issues it currently faces, and this partnership will further build Metricon’s market leading position. “In Sumitomo Forestry, Metricon has found an exceptional partner that aligns strongly on the importance of legacy and commitment to excellence while also complementing the existing ownership group and management team. Together we are confident we will build a well-considered, long-term strategic future for Metricon, our team and customers. “With the sale and purchase agreement signed we expect to announce the successfully completed transaction in the coming weeks.” Metricon has established a dominant brand presence in Australia as a top builder, boasting a broad product lineup ranging from standard products for first-time home buyers to luxury brands, and in recent years has been expanding its business domain to include more affordable detached housing products, town homes, and public housing construction. Sumitomo Forestry entered the Australian detached homes business in 2008, after which it acquired Henley Properties Group in 2009, before going on to acquire Wisdom Properties Group (New South Wales) and Scott Park Group (Western Australia). If this acquisition goes ahead around 12% of Australian homes will be built by foreign owned companies. With the acquisition of Metricon as a consolidated subsidiary, the number of new housing starts by the Sumitomo Forestry Group in Australia will be more than 7,000 units per year, making Sumitomo Forestry Group the number one builder in Australia. Australia’s need for housing with an expected 1.2 million new homes in the next five years is an attractive proposition. Yasuhiro Odagane, Managing Director of Sumitomo Forestry Australia, says this acquisition is key to helping Sumitomo Forestry achieve its goal of addressing the long-standing housing shortage in Australia. “This acquisition enables our group to expand the business areas in each state, establishing Sumitomo Forestry as the number one builder in Australia and, most importantly, allowing us to make a substantial contribution to the provision of social infrastructure,” he said.
Kategorien: Forest Products Industry
OFO invests in biomass power at Jubilee Sawmill
OneFortyOne is investing around $30 million in a renewable biomass power generation project at its Jubilee Sawmill in Mount Gambier. Source: Timberbiz The project, which includes the installation of a new boiler and steam turbine, represents a total investment of approximately $90 million. This initiative underscores our commitment to continuous investment, demonstrating our long-term dedication to the region, sustainability and innovation. The Jubilee Sawmill first started producing electricity in 1956, producing energy for Mount Gambier until the 1970s. The new turbine will generate more than enough electricity to power the entire Jubilee Sawmill site. The excess renewable electricity can be returned to the grid or used to enable future electrification of forklifts, trucks and other machinery. It is expected to be completed by 2026 and will provide the following benefits: This project will help us achieve over 70% of our Scope 1 and 2 emissions reduction target Over 50% reduction in OneFortyOne’s total combined Scope 1 and 2 emissions[1] Over 85% reduction in OneFortyOne’s total Scope 2 emissions[2] Over 9,000 tCO2e emissions avoided on 2021 levels Estimated total annual renewable electricity generated: 43,800 mWh. “The Jubilee Sawmill has been part of OneFortyOne since 2018 and since that time we have proudly invested in the team and the site every year,” OFO CEO Wendy Norris said. “The need to replace our current boiler, which is reaching its end of life, has presented us with a unique opportunity to rethink how we utilise steam and consume electricity at our site. “This investment not only supports our decarbonisation goals but also positions us for future opportunities in renewable energy. “By installing a steam turbine power generation system, we will be able to produce electricity from biomass, significantly repurposing wood fibre, preparing for our future energy needs.” South Australian Forest Products Association congratulated OneFortyOne on its investment. “The Green Triangle is renowned as Australia’s premier softwood plantation and processing hub, and now, with today’s announcement by OneFortyOne, the forest industries will take a great step forward on the path to decarbonisation,” said Mr Nathan Paine, CEO of the South Australian Forest Products Association. “OneFortyOne’s investment into a renewable cogeneration power project will deliver a 50% reduction in OneForty One’s total scope 1 emissions and over 85% of their total scope 2 emissions, saving over 9,000 tCO2e. Not only will this new cogeneration facility generate all the energy for the Jubilee sawmill, the largest sawmill in Australia, it is estimated to generate 20,000 mWh of excess renewable electricity which will be returned to the grid or in the future used to power vehicles and machinery,” said Mr Paine. “The decarbonisation of OneFortyOne’s Jubilee Sawmill is a clear statement piece to policy makers that forestry is the ultimate renewable, as forestry captures and stores more carbon than they emit, and better yet, is now using renewable energy sources to power their own sawmill practices. “Evidence shows that every cubic meter of finished softwood product sequesters a gross 900kg CO2-e and a net 718 kg CO2-e. As our industry seeks to decarbonise in an ambitious drive to reduce our emission, leadership like this from OneFortyOne demonstrates the focus, commitment and investment in creating a cleaner, safer and more prosperous future. “With businesses leading through the discovery and implementation of innovative technologies, just like OneFortyOne’s renewable project, it illustrates that new technologies and new pathways can, and will, decarbonise our economy,” said Mr Paine. “Congratulations to the team at OneFortyOne for further decarbonising the ultimate renewable industry. The future is bright with forestry leading by example to achieve a cleaner, greener future.” The Premier of South Australia Peter Malinauskas said OFO’s investment into one of South Australia’s most significant industries was exciting for the State. “This is a welcome announcement, which means longevity of technology, reduced carbon emissions and renewable energy going back into the grid,” he said. “OneFortyOne’s investment in renewable power generation at Jubilee Sawmill is a significant step towards reducing our carbon footprint and enhancing our energy efficiency. We are excited about the future possibilities this project will bring and remain committed to investing in our business, valuing our fibre and emissions reduction.”
Kategorien: Forest Products Industry
Eight research projects funded with $5M
Australian Forest and Wood Innovations, hosted by the University of Tasmania, has announced eight research projects that will be funded through its inaugural $5 million National Open Call for research. Source: Timberbiz This marks the first research funded through the Federal Government’s $100 million commitment for AFWI. AFWI’s $5 million funding will catalyse over $8.3 million in industry and research contributions bringing the total investment in research for the forestry and wood products industries to $13.3 million. The projects were recommended by AFWI’s Research Advisory Committee, a panel of industry and research experts, ensuring the projects align with industry needs, deliver transformative outcomes to the sector and support growth in research capacity. The Minister for Agriculture, Fisheries and Forestry, Julie Collins, said that the selected projects span a diverse range of research areas aimed at addressing key opportunities and challenges faced by the forestry and forest products industries. “The first round of projects will play an important role by delivering research that seeks to provide climate change solutions, make the most of our available wood fibre, and support the sustainable management of Australia’s forests,” Ms Collins said. “I congratulate the eight successful projects from the inaugural National Open Call.” AFWI’s Chair of the Research Advisory Committee, Professor Rod Keenan, highlighted the importance of collaboration between industry and researchers. “These projects are the first step in developing new partnerships between industry and research organisations under the AFWI arrangements,” Professor Keenan said. “The Research Advisory Committee was impressed with the level of interest in this call and overall quality and breadth of applications. “In addition to addressing industry needs, the eight funded projects will support 36 early-career and higher-degree researchers, helping to cultivate the next generation of forestry research professionals, enhancing the long-term sustainability of the sector.” The eight projects selected for funding include: Evaluation of suitable timber species for Australian sports flooring systems Modernising Australian timber windows: addressing regulatory challenges, resource and material shifts Odour misinformation: a new way to reduce vertebrate pest damage to plantation seedlings Long-term creep behaviour of Australian structural glulam Developing more productive plantation trees better adapted to changing environments Enhancing fire resilience in Australian plantations Future lightweight timber framing: productivity Delivering fauna trends in forestry landscapes using sensors and AI The successful projects will be invited to enter into contract negotiations with AFWI and are expected to begin research in the coming months. The Australian Forest Products Association has congratulated the eight research proponents who have been successful in obtaining funding. “The announcement of the initial eight research projects to receive AFWI funding is another important milestone in the delivery of the Albanese Government’s $100 million election commitment to support Australia’s forest industries,” AFPA Chief Executive Officer Diana Hallam said. “News that the $5 million in AFWI funding is unlocking a further $8.3 million of matching investment from industry and research partners which will go a long way to support increased research capabilities and ensure Australia’s forest products sector is better able to meet the anticipated future demand for fibre. “Projects given the green light by AFWI’s Research Advisory Committee include the development of Future Lightweight Timber Framing solutions and Evaluation of Suitable Timber Species for Australian Sports Flooring Systems which will allow for Australian timber to be specified in sports floor designs and reduce the need for imported timber,” she said A number of projects will increase the Australian forestry sector’s ability to adapt and mitigate against climate change, including the projects – Enhancing Fire Resilience in Australian Plantations and Developing more productive plantation trees better adapted to changing environments. “I congratulate the large number of AFPA members who have supported applications and will now partner with research institutions through the National Open Call to deliver projects including: Pentarch Forestry Group, Australian Sustainable Hardwoods, Sustainable Timber Tasmania, Reliance Forest Fibre, Forico, HQ Plantations, Hancock Victorian Plantations, Australian Bluegum Plantations, Timberlands Pacific, Wespine Industries, Hyne Timber, AKD, SFM, Midway, African Mahogany Australia, WAPRES and Forestry Corporation NSW. “I thank Minister Julie Collins for her continued support of this great Australian industry through this important initiative.” Ms Hallam said. A complete list of project partners and details can be found on www.afwi.au
Kategorien: Forest Products Industry
Forestry’s Centre of Excellence is taking shape in SA
New artist impressions of the Forestry Centre of Excellence being built in Mount Gambier have been released as new research and development projects are launched. Source: Timberbiz, The SE Voice The Centre of Excellence is a collaborative project between the South Australian Government, the University of South Australia (UniSA), and the forest industry. The Centre is on the same site as the UniSA Mount Gambier campus, the new Mount Gambier Technical College, and the Mount Gambier TAFE – providing a unique opportunity to create an education, training, and research precinct. The design for the facility is due to be finalised in November 2024 with building construction due to commence in April 2025 and an expected completion in January 2026. Vital research underway in temporary facilities was showcased at a special launch on site today, and includes projects on: structural timber market access improving safety fire detection from cameras and satellites suppression, recovery, and analysis of digital forestry data using artificial intelligence immersive data analytics using VR and AR to understand the implications of climate change on plantation growth yield and water use. Following a global search, Professor Jeff Morrell was appointed as the Forestry Centre of Excellence’s inaugural director, due to commence in mid-January 2025. Previously, Professor Morrell, was director for the Centre for Timber Durability and Design Life based at the University of the Sunshine Coast. The FCoE links to the forest industry’s key attributes of collaboration, connection, and partnerships through research, training education, development, and extension activities. These have been reflected in the new FCoE brand of interlocking abstract trees also unveiled today. Premier Peter Malinauskas, who is visiting the region today, said the Green Triangle plantation forest region is one of the powerhouses of the Australian forest and forest products industry. “The South Australian portion of the region contributes more than $860m to the state’s gross product annually – making it one of our most productive primary industry sectors,” he said. “We are delivering on our election commitment to establish a world-leading Forestry Centre of Excellence to strengthen this already thriving industry.” Minister for Primary Industries, Regional Development and Forest Industries Clare Scriven welcomed the progress. “These latest exciting steps in the establishment of the Forestry Centre for Excellence will further drive existing and future research, development, and extension activities, covering the social, economic, and environmental aspects of forestry in the Green Triangle region,” she said. “This centre will support the full forestry supply chain including plantation management, harvesting and haulage and timber processing and will also aim to cover the technical, safety, and training aspects relevant to those sectors, whilst building greater connections with our First Nations people. “This is a momentous occasion recognising the hard work and investment put in by my Government, UniSA, Green Triangle Forest Industries Hub, South Australian Forest Products Association, and the wider Green Triangle forest industries.” UniSA Chancellor John Hill said the University of South Australia was honoured to host the new Forestry Centre of Excellence, which had evolved from Forest Research Mount Gambier, established in 2018 by the State and Federal Government, UniSA and the forestry industry. “The model of recruiting UniSA researchers into the forestry industry has resulted in a more efficient, safer, progressive, and profitable industry, establishing standards for best practice,” he said. “Together with the State Government, we are proud to continue this partnership and help advance research and development projects to ensure the industry’s economic prosperity committing more than $6m towards the centre’s operations and building along with significant in-kind support.” Ms Tammy Auld, Governing Council Chair of the South Australian Forest Products Association said that as the first of its kind in South Australia, the Forestry Centre of Excellence puts Mount Gambier on the map of forest innovation, as the Centre brings together local, national and international experts across the diverse research field in forest and wood-fibre innovations. “The long-term goal of the FCoE will be to enhance the industries global competitiveness and ultimately increase economic and employment opportunities for the forest industries and the region,” Ms Auld said. “In the lead up to the 2022 State Election, industry sought State Government’s support to establish a Forestry Centre of Excellence that will elevate research outcomes and focus on forest research, education, and product development. “With thanks to the Minister for Forest Industries Clare Scriven, and her tireless efforts, industry’s vision has come to life with long-term funding and future opportunities for the next generation of forest researchers,” Ms Auld said. “Over the past almost 150 years, the forest industries have been critical in supporting the growth of our community and economy. With over 21,000 South Australians directly and indirectly employed in forestry, we have the potential to grow employment and the industry overall as part of the State Government’s ambitions to reindustrialize South Australia. “SAFPA is excited about the future of forestry in South Australia and look forward to officially opening the Centre in 2026.”
Kategorien: Forest Products Industry
Opinion: Marcus Musson – Spring has sprung but not the log market
Spring has sprung, lambs are frolicking, daffodils are blooming, and the feeling of warmer temperatures and better times is hanging heavy in the air. Unfortunately, like the frolicking lambs, logs are still worth bugger all in the export market with September prices flat with August at around $113/m3 for A grade. However, that feeling of better times is likely to come to fruition for logs (but probably not lambs) as shipping rates ease and in-market sales prices increase, albeit very marginally. If you run the abacus over what October might look like you get a number in the early NZ$120’s/m3 for North Island ports. This increase will be as welcome to forest owners as Darlene Tana’s departure from parliament will be to the Greens (and everyone else). On port log inventories in China have increased by over 200,000m3 in August to 3.4million m3 as supply has been stronger than expected, however, offtake has also recently increased by around 10,000m3 per day to 60-65,000m3 per day which should help balance the books. The NZ:US exchange rate has continued to be strong at US$0.62 which has not helped pricing levels. As a rule of thumb, every cent appreciation in the $NZ takes around $NZ3/m3 off the bottom line. There’s still no change in the residential construction activity in China and there’s not likely to be for a while as there’s currently enough empty new housing stock to rehome the entire Chinese population and still not touch the sides. This is being reflected in the log mix demand, with less demand for the lower industrial grades (Ki and KIS) and more demand for the higher grades (A grade), especially the longer lengths. This is due to demand now coming from the furniture and packaging sectors which require higher quality logs rather than construction and likely represents the new norm going forward. Construction numbers at home don’t look terribly flash either with consents down 22% compared to 2023. While we don’t have the ridiculous over supply issues that China does, we do have other issues. Construction Minister, Chris Penk said recently that it was “too hard and too expensive to build” and committed to cutting red tape and lowering building costs. This will be great news for homeowners as anyone that has dealt with building consents will understand the cost that bureaucracy adds to a build. Domestic log demand has, however, remained relatively stable despite the current trading conditions facing merchants. The recent closure of the Winstone Pulp and Sawmills in Ohakune as a fallout of the recent power price spikes has rocked the local communities with the loss of 230 jobs. WPI was a major employer in the central plateau and the loss of another domestic log customer also makes it that much harder for the forest owners in that region. This does highlight how many of these sawmills (and other primary processors) were initially setup as a business case with low cost, renewable power generation as part of the equation, are now having to deal with power pricing that would never have been contemplated in their wildest dreams. In contrast, some sawmills have their own power generation from the burning of residues and would actually be better off running solely as a power generator during these periods. The electricity crisis may have wins for those holding NZU’s as generators throw coal (imported Indonesian coal that is) and gas into boilers as fast as they can. This has generated a 170% increase in emissions from the same period last year and the highest total emissions level since June 2021. This increase in emissions will chew a hole into the NZU stockpiles held by generators which will need to be replaced at some point. Interestingly, coal-based generation emissions increased 265% in the second quarter of this year which is an increase of around 500,000 tonnes of CO2 – something to think of as you’re driving your EV to work, scowling at anyone with an exhaust pipe while believing you’re saving the planet. The latest NZU auction failed without bids high enough to clear the auction floor price of $64/NZU. Following this the NZU price reached a five-month high of $62.25 before settling back down into the mid $61 territory. Total NZU holdings have now dropped to 144 million, which is the first time below 150 million since mid-2021. If you were a betting person, you’d be looking at holding your NZU stash. All in all, there’s a bit of light at the end of the tunnel, albeit a candle flickering in the wind. Export prices look to be firming, summers’ coming, and things will dry out. Pricing will be very unlikely to reach the peaks of previous summer rally’s and in terms of supply, we definitely don’t need a big price spike related supply slug to hit China later this year. So as summer progresses, help the industry out – get out there and build that deck, crack on with that house extension and put new palings on the fence. Our farming cousins would appreciate it if you could also chew on a lamb chop while doing it! Marcus Musson is a Forest360 Director. He holds a Bachelor of Forest Science with Honours from Canterbury University, New Zealand, and specialises in steep slope cable harvesting, marketing and value recovery initiatives.
Kategorien: Forest Products Industry
Forestry NOW 2024
Forestry NOW 2024 – Australian Forest and Timber’s annual State of the Industry Review which includes observations from our political leaders, national industry leaders and more – is now live at https://forestrynow.com.au/ And it’s worth taking the time to check out the digital profiles in Forestry Equipment NOW which include details on company information, products and services. You can easily access the digital profiles by clicking on the logo.
Kategorien: Forest Products Industry
Planet Labs’ Forest Carbon Monitoring system
Planet Labs PBC, a provider of daily Earth data and insights, has released its Forest Carbon Monitoring product, consisting of quarterly, 3-metre resolution measurements of forests globally. Source: Business Wire This new product offers partners and customers an unprecedented dataset to support voluntary carbon markets, regulatory compliance, and deforestation mitigation. “The climate crisis is the biggest challenge humanity faces in the 21st century, yet our greenhouse gas emissions are still rising,” said former US Vice President Al Gore. “Planet’s Forest Carbon Monitoring system is an important tool that helps the world monitor, protect, and manage one of the important resources in absorbing carbon from the atmosphere — our global forests. This kind of information is vitally important to governments, scientists, and advocates working to safeguard humanity’s future.” This quarterly dataset estimates aboveground carbon, canopy height, and canopy cover over the entire Earth dating back to 2021, setting a new standard for monitoring forest growth and change. Forest Carbon Monitoring equips stakeholders with a cost-effective way to monitor forested areas, scaling from a single tree to the entirety of the Amazon rainforest. In order to measure forest carbon stocks, stakeholders typically use ground measurements, fly expensive airborne missions over select areas, or pay for temporally and spatially patchy satellite data. But by leveraging Forest Carbon Monitoring data built using Planet’s extensive archive of PlanetScope imagery and a global library of airborne and spaceborne LiDAR data, with processing by AI users can derive precise, scalable, and affordable measurements without sacrificing scientific rigor. Achieving this level of granularity at a consistent cadence is indispensable for emerging voluntary carbon markets and governments. For countries implementing policies to reduce deforestation and sequester carbon, establishing an accurate baseline to quantify the current state of their forests is a critical step. Then they can draw on Forest Carbon Monitoring data to track changes and assess policy impact and effectiveness. “To protect our planet and preserve its resources, we have to value carbon and nature into our economy. Step one is measurement. To date we faced the choice between tape measures around tree trunks, which is accurate but not scalable, or inaccurate global systems. Planet’s forest carbon data is meant to fix that gap: scalable and precise forest carbon data, at the individual tree level, updated quarterly,” said Planet CEO and co-founder Will Marshall. “We believe this dataset will underpin global carbon markets — a multi-trillion-dollar transition.” Forest Carbon Monitoring can be leveraged by companies aiming to comply with the new EU Deforestation Regulation (EUDR). Measuring tree canopy and carbon stock change of sourcing regions can help mitigate and track any commodity-driven deforestation risks. And in the case of EUDR, ensuring compliance can help companies avoid fines and help jurisdictions sustainably maintain agricultural exports. Planet partner, BeZero Carbon, a global ratings agency for carbon markets, gained exclusive early access to the Forest Carbon Monitoring product and has leveraged it to further enhance its carbon ratings methodologies. With the 3-metre resolution dataset, BeZero’s carbon ratings offer insights with increased granularity and spatial accuracy. Last year, BeZero was also the first partner to utilize Planet’s Forest Carbon Diligence product, an archive of 30-metre resolution forest carbon data going back as far as 2013. Leveraging both of Planet’s Forest Carbon products — the deep archive of data and the high-resolution monitoring data — BeZero’s customers can better manage risk in their investments and closely track the performance of carbon projects. “Tackling climate change requires significant investment in carbon projects. BeZero Carbon’s 80-strong science team interrogates these projects using the most timely and complete data possible, so that investments can be made with a clear view of credit quality,” said Dr. Phil Platts, VP of Geospatial and Earth Observation at BeZero Carbon. “Planet’s Forest Carbon Monitoring product is the first and only dataset delivering high cadence, global forest carbon estimates at 3-metre resolution. That level of granularity can make a big difference for monitoring forest intactness, management practices, or scattered trees on farmland. “We rate hundreds of projects, of all kinds, all over the world. Doing so requires an enormous range of data, which we evaluate and combine project by project. Having Planet data in the mix is incredibly helpful, and we are using it to detect individual trees, right up to jurisdictional accounting.”
Kategorien: Forest Products Industry
Mountain Future Awards nominations open
From food insecurity, climate change and biodiversity loss, to lack of access to services, gender inequalities, poverty and outmigration, the world’s mountain regions today face major global challenges. Source: Timberbiz A new generation is gearing towards innovative solutions and new strategies to increase the resilience of mountain communities and conserve mountain environments. In celebration of International Mountain Day 2024, the Food and Agriculture Organization of the United Nations (FAO) is inviting institutions and individuals over 18 to submit proposals for transformative projects that contribute to a sustainable tomorrow for mountains, for a chance to win the 2024 Mountain Future Award. Project submissions should emphasize the following areas: Innovation – Innovation should be a key aspect of the project proposal. This could encompass technological (including digital), social, policy, financial, and/or institutional innovations that address complex social, economic and environmental challenges in mountains. Adaptation – Project proposals should promote climate adaptation. This could include adaptation strategies tailored to mountain ecosystems and communities, resilient agrifood systems, climate smart agriculture, ecosystem-based approaches to natural resource management, the integration of Indigenous knowledge systems or traditional techniques, and the promotion of circular economy. Youth – The active, meaningful participation of youth in decision-making is essential for ensuring the long-term sustainability of mountain solutions. Project proposals should emphasize youth leadership, such as being youth-led and/or youth-focused, promoting universal and accessible training for young persons in mountains, and empowering young people to be agents of change through digital technology, research and entrepreneurship opportunities that contribute to the conservation and sustainable use of mountain resources. Submissions will be judged by a panel of mountain experts from FAO and the Mountain Partnership. The Mountain Future Award will be presented to the three best project proposals during the official International Mountain Day event. Along with international recognition, the three awardees will each receive seed funding of US$5000. The winning proposals will also receive project incubation assistance from the FAO Mountain Partnership Secretariat. Project proposals will be assessed by an expert jury on the following criteria: Impact on mountain communities through promoting climate adaptation, conserving mountain biodiversity and ecosystems and/or enhancing food security and/or reducing disaster risk. Innovative aspects of the project, level of innovation, including technological (including digital), social, policy, financial, and/or institutional innovation, application and feasibility of the innovative aspects. Involvement of youth to contribute to a sustainable future in mountain areas. Eligibility Applicants may be individuals or institutions. Applicants must be the original creators of the original project proposal they submit. Eligible proposals can include those for new projects and projects in the initial planning stages. Projects that are already being implemented are not eligible for the Award. The closing date for submissions is 30 October 2024. You can submit your project proposal in English, Spanish or French via the online form. If you experience trouble using the online form, please submit your proposal via email to the IMD team at Info-IMD@fao.org. The application form should be followed when submitting project proposals. Those awarded will be notified via email and invited to the International Mountain Day event in December 2024 where the award ceremony will take place.
Kategorien: Forest Products Industry
FSC appoints new director general
The Forest Stewardship Council has appointed Dr Subhra Bhattacharjee as the new Director General, effective 1 October 2024. Source: Timberbiz Subhra Bhattacharjee brings more than 20 years of experience in public policy and programming in climate change and sustainable development, having worked closely with governments, NGOs, academia, and the private sector worldwide. She has worked for the United Nations, and prior to that for the Reserve Bank of India, with a brief stint in academia. Dr Bhattacharjee holds a Master of Philosophy in economics from Jawaharlal Nehru University, and a Doctor of Philosophy in economics from Iowa State University. “Subhra’s expertise and experience in international development and leadership will serve her well as she steps in at this critical juncture in FSC’s organizational growth,” Stuart Valintine, Chair of the FSC International Board of Directors said. Dr Bhattacharjee’s ambitious vision aligns with FSC’s mission and future goals, aiming to leverage its membership, network and collaborative partnerships to strengthen global forest stewardship for protection and sustainable management of the world’s forests. “It is an honour and a privilege to join FSC as Director General,” Dr Bhattacharjee said. “We must act urgently to mitigate the ongoing global climate and biodiversity crises, and the conservation, restoration, and sustainable use of forests with respect for forest-dependent communities is critical for this. In this context, today FSC’s mission and role are more relevant than ever. I look forward to working with the whole FSC community and partners to maximize the contribution of forests to sustainable development.” Dr Bhattacharjee’s appointment brings new perspectives and energy to the organization, opening the next chapter in FSC’s mission to promote responsible management of world’s forests and securing their long-term resilience.
Kategorien: Forest Products Industry
NZ forestry not to blame for Smithfield meatworks closure
A group that represents the owners of New Zealand’s commercial plantation forests disputes that forestry is one the reasons behind the proposed closure of the Smithfield meatworks. Source: Radio New Zealand (RNZ) Alliance Group told staff on Friday it planned to fully close its meat processing plant in Timaru, with Federated Farmers saying land use change was to blame with farms being converted into carbon forests at alarming rates. The New Zealand Forest Owners Association (NZFOA) said the area of production forestry across the country had decreased in the last 20 years, but Beef + Lamb New Zealand said focusing on total forestry area overlooked the impact of recent land-use change on the sector. Statistics from Te Uru Rākau – New Zealand Forest Service show there was 1,696,604 hectares of forestry across the country in 2019. The total area had grown from1,176,614 in 1990 peaking at 1,827,339ha in 2003 but had fallen since then, with the same trend observed in Canterbury. Agricultural and horticultural land use data from Statistics NZ showed while the area devoted to sheep farming nationally had decreased over time (5,779,173ha in 2002 to 4,101,801ha in 2019), it remained higher than the total production area of forestry. Meanwhile, the area of land devoted to dairy in the region had increased over the same period (1,230,484ha in 2002 to 2,221,459ha in 2019). Forest Owners Association acting chief executive Brendan Gould said those statistics did not show forestry was responsible for the reduction in sheep farming nor the closure of regional meat works, given forestry was on the decline in Canterbury and at its lowest point in a decade. “Forest planting currently still hasn’t reached the levels it was at in the early 2000s …and from a plantation forestry estate, we are still 70,000ha smaller than we were 20 years ago.” He said land use change was likely having an impact, but it was not just forestry that was responsible. “In Canterbury, the area devoted to dairy has increased significantly over the last decade and that aligns with some of the feedback that we have been getting from our forest owners that afforestation rates have declined due to landowners prioritising land use towards pastoral farming.” Gould said the organisation was saddened to hear of the proposed Smithfield closure,which highlighted the pressure being felt across the primary industry sector, evident given the recent closures of the two Winstone Pulp International mills near Ohakune and the Oji Fibre Solutions mill in Auckland. “Much of New Zealand’s food and fibre sector is hurting right now with reduced export demand, increased regulation and compliance costs, staff shortages and also some of highest power prices in the OECD.” He said forest owners were supportive of integrated land use approaches where farming and forestry co-existed. “We certainly support landowners having the right to make decisions about how they use their land to their benefit.” Meanwhile, Beef + Lamb New Zealand chairperson Kate Acland said an analysis of farm title sales since 2017 showed nearly 300,000ha of sheep and beef whole farms were sold to be converted into forestry. “We know that for every 100,000ha of productive sheep and beef farmland sold, just under one million stock units are displaced and effectively gone from the sector.” Statistics NZ’s latest figures shows that New Zealand sheep numbers have declined since 2017 by 12% (3.2 million). “While there may have been less conversion in Canterbury, there has been significant conversion in parts of Otago and the ripple effects of land use change has consequences for capacity in the supply chain for each island.” Acland said despite the reduction of land area in forestry production since 2003, it was unlikely to go back to being farmed for sheep and beef, so the focus on land-use change was justified. She said the impact of the Emissions Trading Scheme (ETS) on land-use change since the government signalled it was going to lift the cap on the carbon price was clear as prior to 2018, only a few thousand hectares of sheep and beef farms were sold to forestry each year. In 2017, 7000ha of sheep and beef farms were sold to forestry and preliminary figures for 2022 showed that had increased to over 70,000ha. “While the returns over a 30-year period between sheep and beef farming and forestry alone are quite similar, the ETS price significantly distorts forestry returns and therefore how much forestry can pay for sheep and beef farmland.”
Kategorien: Forest Products Industry
Home market is strengthening according to HIA
Market confidence in new home building has strengthened in recent months, as investors and owner occupiers return to the market. Source: Timberbiz The Australian Bureau of Statistics yesterday released its monthly building approvals data for August 2024 for detached houses and multi-units covering all states and territories. “Detached house approvals rose by 0.6% compared to July. House approvals in the three months to August 2024 were 11.2% higher compared to the same time the previous year,” HIA Chief Economist Tim Reardon said. “The steady increase in detached house approvals is offsetting a low volume of multi-unit approvals and total dwelling approvals in the three months to August 2024 were 5.0% higher compared to same time in the previous year. “Rising tax imposts on foreign investors and rising regulatory costs are compounding the challenges for apartment builders,” Mr Reardon said. “It has been almost eleven months since the last increase in the cash rate. Stable interest rate settings have provided the certainty needed to see a rise in home building confidence. “This is complemented by stabilising price growth for building materials, a return to normal build times, strong housing demand and low unemployment.” Detached house approvals in Perth and Brisbane were faring much better than in Sydney and Melbourne. Confidence in the Melbourne new home market had been adversely impacted by two new taxes. “The Australian Government cannot tax its way out of achieving the agreed national target of 1.2 million new homes,” Mr Reardon said. “Recent discussions on negative gearing and capital gains tax arrangements for residential property will undermine confidence in new home building. “The government’s focus should be on lowering the taxes, regulatory costs and excessive charges that make up as much as 50% of the final cost of a house and land package. House approvals over the three months to August 2024 increased by 47.5% in Western Australia compared to the same time in the previous year. This was followed by Queensland (+19.7%), South Australia (+10.0%) and Victoria (+8.4%). The other jurisdictions recorded a decline over the same period, led by the Australian Capital Territory (-18.6%), followed by Tasmania (-17.8%), New South Wales (-7.6%) and the Northern Territory (-6.8%).
Kategorien: Forest Products Industry
ForestSAT conference attracts international experts from NASA
A global forestry event attracted experts from NASA and remote sensing specialists from nearly 30 countries to Rotorua in September. Source: Timberbiz Crown Research Institute Scion hosted ForestSAT 2024, the most prestigious international conference on the application of remote sensing technologies for forest monitoring and modelling. The 10th edition, held in Australasia for the first time, united more than 300 specialists over five days. Scion’s general manager for Forests to Timber Products, Dr Henri Bailleres, says the conference was a chance for forestry practitioners to hear the latest research, and for scientists to share their knowledge and learn from each other. “The diverse representation underscores the conference’s global appeal and its role as a critical platform for addressing international forest monitoring challenges using advanced remote sensing and geospatial technologies.” Dr Bailleres adds the presence of experts from NASA provided a unique opportunity for New Zealand-based users of remote sensing tools and technology to engage with world-leading agencies. At the official opening of the conference, Rotorua Mayor Tania Tapsell said it was exciting to see the industry come together, and she thanked Scion for its contributions to Rotorua which she described as the centre of excellence in forestry and wood processing. Tapsell reiterated the importance of networking and encouraged delegates to use the time to explore positive opportunities. In his opening address conference chair Dr Michael Watt, a principal scientist at Scion, also encouraged attendees to network to grow together as a community, and to collaborate with others to push the boundaries of what is possible in forestry remote sensing. The conference included 44 general and special sessions, around 220 presentations and 37 posters covering topics ranging from groundbreaking missions to emerging areas. “The diversity of the special sessions showcases the breadth of innovation and critical challenges we are addressing in our field,” Dr Watt said. The conference featured two keynote speakers, including Dr Crystal Schaaf, a Professor Emeritus and Research Professor in the School for the Environment at the University of Massachusetts Boston. Dr Schaaf has been involved in two NASA satellite missions for more than 25 years. The second keynote was Pablo J. Zarco-Tejada, a Professor in Remote Sensing in the faculties of Science and Engineering, University of Melbourne. Data analyst Melanie Palmer was among 10 Scion staff who delivered presentations, with many more who faciliated sessions, attended workshops and contributed to the overall success of the international conference. Ms Palmer updated attendees on the progress of Forest Insights, a prototype for a new interactive tool that provides the forestry industry with powerful inventory information. Developed by Scion in collaboration with Indufor Asia Pacific, Forest Insights leverages deep learning and high-resolution imagery to identify and map forests. This precision is crucial for understanding the composition of New Zealand’s forests, including small-scale forests. The AI model can accurately differentiate between various tree species, including Radiata pine, Douglas-fir and eucalypt, making it a powerful tool for forest managers seeking to monitor specific species across regions. Forest Insights started last year by mapping forests in the East Coast and Bay of Plenty. The prototype is on track to have the North Island fully mapped soon, with parts of Northland, Auckland and Wellington the only regional areas outstanding. With radiata pine less prevalent in the South Island, the next phase will focus on expanding the dataset to include other exotic species, ensuring forest monitoring across the entire country. The integration of LIDAR will provide even more detail, allowing for more comprehensive canopy insights. In a wildfire-focused research session, Dr Laura Kiely from Scion’s Fire and Atmospheric Sciences team, provided an overview of wildfires in New Zealand. She highlighted the importance of smart firefighting, using data and models to predict and suppress fires sooner. The New Zealand Wildfire Risk Map research project underway at Scion aims to create a spatial map of wildfire risk, incorporating ignition probability and fire spread models. The team’s goal is to run 500,000 model simulations to develop a better understanding of wildfire risk that covers all of New Zealand. Once developed, it will be useful for landowners, environmental managers, Fire and Emergency New Zealand and councils. During a field trip conference participants also got to see technology in action with demonstrations of how organisations, such as Interpine Innovation, are using backpack-mounted LIDAR scanners to capture data and create 3D duplicate views of forests.
Kategorien: Forest Products Industry
FWPA’s new Data Dashboard to provide comprehensive data, insights and forecasts
Forest & Wood Products Australia has launched the new FWPA Data Dashboard, an essential tool designed to empower Australia’s forest and wood products industry with access to crucial data, insights and forecasts. Source: Timberbiz This innovative platform, available as a complimentary benefit exclusively to full levy-paying FWPA members, provides a wealth of new information aimed at enhancing decision-making and driving business success across the industry. “The new dashboard represents a significant upgrade, offering a more advanced platform that enhances usability and functionality,” said Erick Hansnata, Statistics and Economics Program Manager at FWPA. “With a wealth of new data series added, the new FWPA Data Dashboard is designed to empower our members and industry in their business planning and decision-making processes.” Key features of the new FWPA Data Dashboard: Macroeconomic indicators: Gain insights into GDP and GVA trends, enabling informed economic strategies. ABARES Australian Forest and Wood Product Statistics: Access the latest, detailed data specific to the Australian forestry sector. FWPA’s softwood data series: Stay ahead with regularly updated industry statistics. International forest production and sustainability data: Understand global production metrics and sustainability initiatives Monthly trade activities data and forecast: Stay updated with export-import data and forecasts specific to wood products Building activities data and forecast: Receive insights on current and projected building activities in the sector Detailed research and analysis: Benefit from regular highlights and updates provided by FWPA’s Statistics and Economics team. “The FWPA Data Dashboard includes forecast data and comprehensive market analysis, equipping our members with the insights needed to navigate the dynamic landscape of the forest and wood products industry,” FWPA CEO Andrew Leighton said. “The platform is designed with future growth in mind, ensuring that we can expand its capabilities based on the evolving needs and interests of our members and the wider industry.” In addition to its exclusive complimentary availability to full levy-paying members, FWPA will soon introduce a subscription feature, offering FWPA Associate members and other interested users access to the new dashboard for a reasonable annual fee. FWPA’s public data dashboard will continue to be publicly available via the website. FWPA’s commitment to enhancing industry competitiveness and sustainability through innovation, research, and reliable data remains at the core of this initiative. By equipping members with powerful data insights, the FWPA Data Dashboard ensures better decision-making, driving growth and productivity across the sector. Learn more: https://fwpa.com.au/news/introducing-the-new-fwpa-data-dashboard/ and https://fwpa.com.au/data-dashboard-member-login/
Kategorien: Forest Products Industry
Tas FPA welcomes new Bill that will protect jobs and communities
Tasmania’s peak forestry industry body, the Tasmanian Forest Products Association, has welcomed the release of a draft Private Senator’s Bill by Tasmanian Senator Richard Colbeck yesterday. Source: Timberbiz The Environment Protection and Biodiversity Conservation (EPBC) Amendment (Reconsideration of Decisions) Bill 2024 aims to introduce limitations on time frames allowed for reconsideration of EPBC decisions, and limits those who may seek reconsideration after a period of three years. TFPA Chief Executive Officer Nick Steel said the Bill will protect jobs and regional economies across Tasmania by giving businesses certainty when investing in new projects. “Even though the EPBC Act is just a part of the current Tasmanian Regional Forestry Agreement’s (RFA) environmental assessment mechanism, any change to the EPBC Act could have a devastating impact on our regional forestry communities, as we have seen in other industries across the state,” Mr Steel said. Mr Steel said investing in the resources sectors in Tasmania needs to be made secure, to protect jobs, regional communities and the millions of dollars the industries bring to the Tasmanian economy. “Financing forestry endeavours in Tasmania is an expensive and long-term investment. Without certainty that that investment will pay off, our members can find it difficult to find finance for their projects,” Mr Steel said. “Forestry, and the entire Tasmanian resources sector, fully supports Senator Colbeck’s Bill, and I call on all Tasmanian Members of Parliament, as well as those who care about regional jobs across Australia to support this important piece of legislation.”
Kategorien: Forest Products Industry
Forestry invests in safety as the bushfire season is upon us
October marks the start of the bushfire season in many Australian states, our forest industries are well prepared for any potential threat to forestry assets, neighbouring farming areas, nature reserves and most importantly regional communities. Source: Timberbiz “The Australian Forest Products Association (AFPA) acknowledges the leadership shown by forest industry companies in investing in firefighting resources and strengthening their tactical relationships with emergency services and volunteers in local communities to combat bushfire threats” said AFPA Chief Executive Officer, Diana Hallam. While the bushfire season runs for six months from October, fire management is a year-round process, and our forestry companies invest a significant amount of effort and resources into prevention and preparedness activities to ensure our staff are educated and prepared to the best of their ability to protect Australia’s forest estates Ms Hallam said. Australia’s bushfire history illustrates the importance of investing in fire detection and prevention technologies and upgrading existing assets to ensure there is an additional layer of protection to safeguard and mitigate against potential disasters. Australia and our forest industries cannot afford another 2019/20 Black Summer event, after a total of 129,000 hectares of commercial plantations were burnt, causing significant impacts to long-term timber supplies in our domestic market and destroying native ecosystems and high-value habitats for flora and fauna species. “Uncontrolled bushfires not only negatively impact the livelihoods of regional towns, but also the health of the environment particularly through the release of additional carbon emissions. It has been calculated that the 2019/20 black summer fires released a total of 900 million tonnes of carbon dioxide, equivalent to the annual emissions from worldwide air travel in one year,” Ms Hallam said. “Our forest industries represent international best practice for preparedness and prevention in combatting bushfires, and as we enter into a possibly gruelling summer, we extend our appreciation in their commitment and protection to the land, the forestry estates and neighbouring communities.” The bushfire seasonal outlook indicates our forest industries in many parts of the nation could be severely impacted this summer due to recent drier than average conditions and mean temperatures possibly being above average over summer.
Kategorien: Forest Products Industry
Hyne Group purchases Pinetec expanding its pallet manufacturing business
The Hyne Group has acquired Pinetec, a pallet and packaging business based in Perth, Western Australia. This is the Hyne Group’s first manufacturing presence in the West in its 142-year history. Source: Timberbiz Earlier this year, the Hyne Group announced its expansion into pallet manufacturing following the acquisition of Rodpak Pallets & Packaging in Melbourne and Express Pallets & Crates in Brisbane. The Pinetec business has operated for more than 30 years (15 years with the current owners) with an excellent customer base across a range of essential sectors such as mining, industrial chemicals, engineering, building products and the transport industry. The business model is very compatible with the long-term partnership approach that Hyne Group operates under. Hyne Group CEO, Jim Bindon said Pinetec will continue to operate as usual but with the benefit of being part of a global network, “This expansion of our pallet division into the West is exciting times for both the Hyne Group and Pinetec,” he said. “I am also really pleased to advise that the two previous shareholders of the Pinetec business will remain involved in the Hyne Pallets division, as will all the existing staff. “One of those shareholders, Ian Smith, is the Pinetec General Manager, and I welcome his continued expertise and support in this role. “With the broader support of the Hyne and James Jones Groups, Pinetec’s capability and credentials as a business partner to their many customers, will only be enhanced.” Mr Bindon said. Pinetec’s other shareholder, Dean Roderick, is the general manager of Rodpak which has been part of the Hyne Group since May 2024, and Mr Roderick remains an integral part of the Hyne Pallets management team. Mr Roderick said the sale of his and Mr Smith’s Pinetec business to the Hyne Group is exciting, as is already being experienced by the Rodpak business. “With Pinetec coming into the Hyne Group fold, it is no longer a stand-alone business in the West, but immediately part of a global family with the ability to leverage from that, as we have been able to do at Rodpak,” he said. “Not only does this present really good opportunities for our team members, customers and suppliers, but it further diversifies the Hyne Group geographic footprint to ensure efficiency and growth into the future.” The acquisition of Pinetec will finalise on 1 November 2024, subject to all Completion Precedents being met.
Kategorien: Forest Products Industry
Upgrades for Komatsu C124
The Komatsu C124 has received significant upgrades for the 2025 model year, aimed at boosting productivity and user experience. Source: Timberbiz Key improvements include a redesigned valve block and enhanced hydraulics for the feeding system. Feedback from test customers who tried the prototype has been overwhelmingly positive, particularly noting the head’s smooth operation and efficient feeding. The most notable upgrade is the introduction of a new valve bank, which offers improved durability, reduced wear, and lower energy losses resulting in fuel savings. Additionally, the pressure control for the front and rear knives has been refined for greater precision, with adjustments now fully managed via software. This allows operators to easily control settings like the knives’ opening pressure from inside the cab. The hydraulics for the tilt functions have also been improved, resulting in smoother operation and potentially higher measurement accuracy during processing. To ensure high and consistent measurement quality, Advanced length measuring is now standard on the C124. This update includes a stronger cylinder and a modified mechanical stop to reduce wear. The saw unit has been redesigned with additional clearance between the saw bar and frame to prevent collisions. A reinforced, curved base plate enhances durability while reducing the unit’s ground footprint. The updated design also provides more space around the saw motor, making daily maintenance easier and more accessible. The new feed system features high-flow motors that enhance performance and reduce energy losses. The upgraded system also includes improved hose routing for easier servicing and extended service life. An optional reinforced hose protection layer is now available to further increase hose longevity. The 2025 model introduces the “Find End” option, which automatically resets length measurements without requiring a new cut, reducing waste. The option has been updated with a protected lens and debris-resistant design for longer service life. Other enhancements include improved centring for small stems, stronger bushings with better sealing for front delimbing knives, and new feed rollers with spikes for better grip and measuring accuracy in challenging conditions. These upgrades collectively make the Komatsu C124 more efficient, durable, and user-friendly, offering operators greater control, reduced downtime and improved productivity even in the most challenging environments.
Kategorien: Forest Products Industry
Sustainable management of tropical forests
The sustainable management of tropical forest contributes significantly to safeguarding forests, protecting biodiversity, contributing to rural communities and sustainable livelihoods according to Thorsten Arndt, Head of Advocacy at PEFC International at the Global Legal & Sustainable Timber Forum (GLSTF) 2024 in Macao SAR. Source: Timberbiz “Yet we are facing a dichotomy. While we are all well aware of the tremendous benefits that sustainable forest management provides, topical timber has grappled with numerous challenges as it has struggled to maintain its stake in the international timber markets, especially in terms of public perception,” he said in his opening speech of the first session, Together Towards Reliable and Effective Global Timber Supply Chains. Jointly hosted by the Commerce and Investment Promotion Institute (IPIM) of the Macao Special Administrative Region and the International Tropical Timber Organization (ITTO) and organised by the Secretariat of the Global Green Supply Chains Initiative (GGSC), GLSTF 2024 brought together more than 700 key enterprises, policymakers and international experts from over 40 countries and regions to explore the way forward for high-quality green development in the global timber industry. One of the major achievements of the Forum was the launch of the Action Framework for Promoting Legal and Sustainable Timber Supply Chains, which aims to strengthen international collaboration among stakeholders in timber supply chains, promote the sustainable development of the timber industry, and contribute to the Sustainable Development Goals and combating climate change. “PEFC certification is an important tool to help achieve the objectives of the Framework. Through PAFC Congo Basin, we offer a robust and well-respected forest certification standard that was developed by local stakeholders and is regionally adapted and tailored to the specific forest ecosystems, legal and administrative framework, socio-cultural context of Congo Basin countries, specifically Cameroon, Gabon and the Republic of Congo,” Mr Thorsten said. “While we are facing a dichotomy, we can resolve it ourselves. We don’t need a white knight in shining armour or a pink unicorn. If those present here – governments, international organisations, businesses and forest owners – collaborate to manage their forests sustainably, they can demonstrate the benefits tropical forests provide through tools such as PEFC.”
Kategorien: Forest Products Industry