Forests are a growing investment prospect as climate incentives place new value on wood chips and standing trees, say fund managers. An economic recovery will also drive demand for more traditional products such as pulp and lumber, investors say. Following is a summary of some recent forest fund-...
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Carbon accounting used in the Kyoto Protocol and other climate legislation currently neglects CO2 emissions from the production of biofuels, a loophole that could drive large-scale destruction of tropical forests and exacerbate global warming, warned researchers writing last week in the journal...
Lush tropical rainforest once covered almost all of Indonesia's 17,000 islands between the Indian and Pacific oceans. And just half a century ago, 80 per cent remained. But since then, rampant logging and burning has destroyed nearly half that cover, and made the country the world's third...
A recent FSC (Forest Stewardship Council) study set out to assess whether the requirements set for FSC Controlled Wood are met by PEFC (Program for Endorsement of Forest Certification) schemes. The schemes included in the study were the international PEFC standard (the Pan European Operational...
Nov 3 2009 UPM plans significant restructuring of its plywood and timber operations in Finland. Almost 900 jobs will be cut, but this time not in UPM's pulp and paper operations.
The carbon dioxide emissions caused by the destruction of tropical forests have been significantly overestimated, according to a new study. The work could undermine attempts to pay poor countries to protect forests as a cost-effective way to tackle global warming. The loss of forests in...
U.S. TIMBERLAND MAY BE ONE OF THE WORLD'S most overvalued asset classes.
A major private-sector project to reduce carbon emissions through forest management in Bolivia is a ‘scam’, environmental group Greenpeace said in a report released earlier this month. The NGO claims that the environmental and social benefits of the initiative have been grossly oversold,...
Jartek Oy is one of the leading Finnish producers of sawmilling machinery, drying kilns, equipment for thermal modification of wood. The company has been operating in the Russian market since 1970-s. World crisis affected more or less all actors in the market. How would you characterize the...
Prime Minister Vladimir Putin insists that the capacity of Russia’s forests for absorbing carbon dioxide must be taken into account.
KAMPALA, Nov 3 (IPS) - It is a public-private partnership intended to reduce Uganda's dependence on imported vegetable oil while creating sustainable jobs and income for several thousand people. Its critics say it's destroying forests with no regard for environmental regulations.
Having overcome various technical problems, the regional markets for voluntary carbon credits are now united. Traders are hoping for a future US scheme to enlarge the market.
SAO PAULO, Nov. 2, 2009 (RISI) - I've written a lot lately about the surge in biomass energy plantation investment in Brazil, but there has also been a strong expansion in eucalyptus pulpwood plantations in recent years. This expansion in plantations for pulpwood production is a key indicator of...
Major timberland transactions have slowed considerably but some continue to close. I wrote an article for Forest Landowners Magazine (THE TREND IN TIMBERLAND PRICES) that was supposed to be published in October but the publishing date was postponed until late November so I thought I would do a...
The EU is reportedly willing to begin its funding next year, although a new global climate deal replacing the Kyoto Protocol is not expected to become effective before 2013. The new EU move is an attempt to signal willingness to reach a global deal at the UN climate conference in Copenhagen in...
SAPPI: Intended closure of Sappi Usutu Pulp Mill and restructuring of forestry business in the Kingdom of Swaziland in response to market conditions and forest fire damage.
GENEVA (AFP) – Climate change is already threatening more than a quarter of Switzerland's farmland with frequent and lengthy water shortages, according to official research published Tuesday.
A new climate treaty could provide a highly effective way to reduce carbon emissions by paying people to not cut down forests
THE recent climate talks in Bangkok, Thailand, highlighted the clear differences between developing countries and some developed countries and NGOs on forestry.
Many foresters are now questioning the wisdom of allowing the importation of firewood from Eastern Europe into Ireland. They are concerned that this may pose a threat to our current disease-free status.