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Newfoundland and Labrador invests in sawmill industry

The province of Newfoundland and Labrador has recently invested in two sawmill companies: Holson Forest Products and Burton’s Cove Logging and Lumber Limited.

Issue date: 
September 1, 2009

Carbon Trading Scheme Pushing People off Their Land

MOUNT ELGON, Uganda, Aug 31 (IPS) - With the world’s attention focused on climate change, one of the methods suggested to reduce global carbon emissions is causing the displacement of indigenous persons as western companies rush to invest in tree-planting projects in developing countries.

Payments for Ecosystem Services (PES) and REDD - Latin America in the lead

This fall, professionals in PES and REDD are headed south. From across the globe practitioners and policymakers in environmental markets are booking flights to Colombia, Costa Rica, Argentina, Bolivia, and Mexico to discuss the future of our world's ecosystems. In several cases, this is the first time that Latin America is serving as host to these international conferences on environmental markets. With a strengthening regional economy and four out of five of the world's most bio-diverse countries, Latin America is becoming a major player in REDD and PES.

EU Chair lowers expectations to COP15

2009-08-31: As an agreement that will keep global warming below two degrees C can probably not be found in Copenhagen, instead the EU should see December’s UN conference as a starting point, Swedish Prime Minister Fredrik Reinfeldt says.

Forest Sector Downturn slowed in Q2 2009

Canada's forest, paper & packaging (FPP) sector continued to be negatively impacted by the global economic downturn during the second quarter of 2009.

Certified Forestry Is In Trouble, U.N. Report Says

The certified-forestry movement is running out of steam, a United Nations report suggests.

"The pace of expansion of global certified forest area has slowed dramatically in the last three years," says the international agency's recently released Forest Products Annual Market Review, 2008-2009. The proportion of "industrial roundwood" coming from forests certified by such environmental organizations as the Forest Stewardship Council (FSC) has actually decreased recently, to 25.9%, it says.

"Certified forest area increased by around 50 million hectares a year between 2001 and 2005 – mainly due to a rapid increase in certified forest area in North America – then the rate slowed by half to 25 million hectares a year in 2006 and 2007. More recently the rate has stagnated even further, not exceeding 4 million hectares between May 2008 and May 2009." Certified forestry has actually lost some ground in North America and Europe, the U.N. report adds.

One culprit is that the sustainable-forestry movement is running out of low-hanging fruit: "Now that many of the largest state- and industry-owned lands in the developed world are already
certified, the certification movement faces the significant challenge of expanding in more difficult
areas" such as small forestry operations and developing countries.

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Norway’s Statkraft to invest up to $1.4 bln with Södra

The Swedish forestry and timber product company Södra and the Norwegian energy company Statkraft have signed an agreement of intent on renewable energy valued at up to SEK 10 billion (Euro 1 billion). The agreement initiates a range of investment projects and cooperative agreements in the energy sector.

Over 10,000 jobs already lost in Finnish forestry sector

Finnish forestry’s contribution to the national economy has dropped by half since the start of the new millennium.

FEATURE-Carbon traders bet on California redwoods

GARCIA RIVER FOREST, Calif., Aug 21 (Reuters) - A stand of young redwoods, survivors in what was once a magnificent forest of towering giants, could play a small part of the battle to slow global warming -- and forms part of an emerging market.

Global forest destruction seen overestimated?

RIO DE JANEIRO (Reuters) - The amount of carbon emissions caused by world forest destruction is likely far less than the 20 percent figure being widely used before global climate talks in December, said the head of the Brazilian institute that measures Amazon deforestation.

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by Dr. Radut