On December 11, World Bank Group President Robert B. Zoellick launched a groundbreaking financing mechanism to combat tropical deforestation and climate change. The Forest Carbon Partnership Facility (FCPF) was developed because some forests are more important left standing than cut. It will reduce deforestation and forest degradation by compensating developing countries for carbon dioxide reductions[…]
One of the world’s largest brands of cut-sheet paper has earned Forest Stewardship Council (FSC) Chain-of-Custody certification from the Rainforest Alliance’s SmartWood program. Xerox Corporation will now be able to purchase and sell FSC-certified paper at 77 distribution centres in 17 countries in North America and Europe – covering the greatest geographic area of any[…]
Forestry Tasmania’s operating profit had been cut from A$25 million to just over $500,000 in the past four years, the company revealed at Government Business Enterprise hearings last week. Forestry chief executive Bob Gordon blamed the loss on tough trading conditions with a volatile market, a substantial drop in wood sales, and rising contractor costs,[…]
Ghana’s forest cover has declined by more than 75% since the country gained independence in 1957, according to a report in the Accra Mail. Ghana’s Forestry Minister, Esther Obeng Dapaah, told the annual general meeting of the Ghana Timber Association that forest cover in the country now stood at below 2 Mha, compared to 8[…]
Peru President Alan Garcia has criticized those who question Peru’s active natural resource utilisation, and emphasized the need for Peru to continue its utilisation of such resources, the Tropical Forest Trust reported. President of Peru’s Exporters Association Lumber Committee, Herbert Frey, said exporters in the sector accepted the President’s challenge to better use natural resources,[…]
Timber products maker Gunns has launched a bid to buy the remaining 39 per cent of Auspine it does not already own, according to an AAP report online. The offer is for A$7 per share, representing a 13.8% premium to its previous cash bid for the firm. Auspine managing director Adrian de Bruin, who controls[…]
A group of World Business Council for Sustainable Development (WBCSD) member companies is calling for public policies that make the best use of the forestry sector’s carbon profile and carbon cycle. The Sustainable Forest Products Industry (SFPI) working group proposes six key points that those responsible for devising forestry and carbon policies need to know,[…]
The forest sector in Europe should communicate effectively with EU level policy makers and representatives of other sectors and stakeholder groups in order to safeguard its interests, according to a recently published study in Europe. The doctoral dissertation ‘Communication in forest policy decision-making in Europe: a study on communication processes between policy, science and the[…]
The provincial government is capable of stabilising the forest industry in New Brunswick, Canada, but is dragging its heels, New Brunswick Forest Products Association head Mark Arsenault has been quoted as saying. The comments related to the time taken for the Government to issue its biomass and long-term wood supply policies, the Telegraph-Journal said. “I[…]
For years, Indonesia has made money by chopping down its forests. Now it wants to earn billions by preserving what is left, according to a report from Planet Arc in the lead up to this week’s UN climate change talks in Bali. The huge archipelago, with about 10% of the world’s tropical rainforests, is pinning[…]