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Congolaise Industrielle des Bois (CIB) and the Tropical Forest Trust (TFT) announced that the major timber company has more than doubled the amount of certified rainforest it operates in the Congo Basin, creating the largest ever tract of contiguous certified tropical forest in the world, a total of 750,000 ha. To meet the standards for[…]

Forest2Market.com reports that loggers in the US South have seen profits hemorrhage due to the rising cost of diesel. High fuel costs have pushed a number of loggers, already hit hard by the housing slump, out of business and, without state aid, many more could follow says the Mississippi Loggers Association (MLA). In an open[…]

Australia’s State of the Forests Report 2008 has been released by the Minister for Agriculture, Fisheries and Forestry. The 2008 report was prepared by the Montreal Process Implementation Group for Australia (MIG) on behalf of the Australian, state and territory governments. It can be viewed on adl.brs.gov.au. A3P CEO Neil Fisher said, “The report is[…]

The world’s oldest known living tree, a conifer that first took root at the end of the last Ice Age, has been discovered in Sweden, according to an online National Geographic report. The visible portion of the (4 m ‘Christmas tree’ isn’t ancient, but its root system has been growing for 9,550 years, according to[…]

Chilean forestry and paper company CMPC SA CAR.SN plans to invest around $340 million in 2008, and will scale back investment in coming years due to energy shortages, according to a Reuters report. “We are coming down from an average of more than $500 million (in annual investment) because we are coming out of a[…]

Catalyst Paper plans to cut employee numbers at its two largest mills in British Columbia, Canada, as it tries to cope with rising input costs and a relentless fibre shortage made worse by recent sawmill closures. At Elk Falls mill in Campbell River, reductions will affect approximately 145 hourly and staff employees as the #1[…]

Pöyry has been awarded implementation engineering services contracts by Stora Enso Oyj for combined heat and power plant projects in Belgium and Germany. The value of the contracts is over €3 million. Stora Enso is improving energy efficiency through investments totalling EUR 260 million at the Langerbrugge mill in Belgium and the Maxau mill in[…]

Energy is critical to all development efforts across the globe. The absence of reliable energy supply could hamper development efforts, especially for struggling Third World economies. The link between energy and development constitutes the focus of an African Development Bank Group study – Gender, Poverty and Environmental Indicators on African Countries – released in Maputo,[…]

A unique worldwide tree planting initiative, aimed at empowering citizens to corporations and people up to presidents to embrace the climate change challenge, has now set its sights on planting 7 billion trees. It follows the news that the Billion Tree Campaign has in just 18 months catalyzed the planting of 2 billion trees, double[…]

New Forests Pty, a specialist investment management and advisory services firm, has reached agreement on the sale of a minority equity position in the company to Generation Investment Management. Generation Investment Management is a London-headquartered fund management business dedicated to long term investment and integrated sustainability research. The link between the two companies will explore[…]