Market: Standing timber
Posted October 15, 2018
Global forestry investment manager New Forests has joined as the newest member of the World Business Council for Sustainable Development (WBCSD).
By connecting with WBCSD’s network of forward-thinking businesses across a variety of sectors, New Forests can deepen the impact of its corporate sustainability initiatives and position its investment programs at the forefront of global sustainability best practice.
David Brand, New Forests’ CEO, stated, “We are delighted to join WBCSD and look forward to exploring how responsible investment in land and forestry resources can help drive climate solutions, support a transition to a bio-economy, and achieve implementation of the Sustainable Development Goals. We are particularly interested in WBCSD’s leading work in relation to climate smart land use and the alignment of retirement assets with sustainability challenges. We aspire to work collaboratively with WBCSD and its members to help make the world’s forests and the broader forestry sector an essential part of the low-carbon economy.”
Forests, food and land can be 30% of the climate solution by 2030 – and WBCSD’s membership is uniquely positioned across sectors to advance natural climate solutions. Not only do forests and associated soils and peatlands contain more carbon than the atmosphere, but forests provide the basis for 50% of the biodiversity of the world and are the source of the majority of global freshwater.
New Forests, headquartered in Sydney, Australia, with offices in Singapore and San Francisco, offers regionally focused investment opportunities in forestry, land management and conservation. New Forests manages more than 950,000 hectares of land and forests in Australia, New Zealand, Southeast Asia and the United States for sustainable timber production and conservation.