New Forests has announced a new target for the firm’s US-based timberland and conservation finance investment program. Over the next two years, New Forests plans to invest $150 million in conservation forestry and in increasing carbon sequestration on working forest land in the United States.

Timberlands

New Forests to invest $150 million in conservation forestry and increasing carbon sequestration on working forestland

Mar 12, 2016. /Lesprom Network/. New Forests has announced a new target for the firm’s US-based timberland and conservation finance investment program.

New Forests’ roundtable commitment stated, "Over the next two years, New Forests plans to invest $150 million in conservation forestry and in increasing carbon sequestration on working forest land in the United States."

Through multiple investment funds, New Forests has been a pioneer in institutional investment in US environmental compliance markets, including over 360,000 acres of forest carbon offset projects for the California greenhouse gas emissions trading system and more than 19,000 acres of wetland mitigation banks.

New Forests is a sustainable real assets investment manager providing leading-edge strategies in forestry, land management, and conservation. Founded in 2005, the company offers institutional investors targeted opportunities in the Asia-Pacific region and the United States and has more than AUD 2.8 billion ($2 billion) in assets under management.