Of the total, $140 million is available to support state-endorsed cost-share programs for landowners. Additionally, $50 million is available to programs that issue payments directly to landowners to adopt practices that increase carbon sequestration and storage of their forests.
Adjusted EBITDA for Q2 2024 was $410 million, compared with $469 million for the same period last year and $352 million for Q1 2024.
The acquisitions are expected to deliver portfolio-leading cash flow and harvest tons per acre within the company's Southern Timberlands business.
Stora Enso has also appointed Carolyn Wagner Executive Vice President, Packaging Solutions division.
The new initiative uses NOAA's GOES-R satellite data for rapid wildfire detection and reporting.
New cuts aim to ensure sustainable forestry and prevent overharvesting
This initiative ensures the right trees are planted in the right places to help forests thrive amid climate change.
Through the program, Weyerhaeuser will make the investment over the next several years with significant input from elected officials, employees, nonprofits, local business leaders and other community partners.
Mr. Ferrante will be assuming the role on August 14, 2024.
Forest fires have burned 3.5 million hectares in Russia since the start of the year, already one and a half times more than last year.
Early wildfires have ravaged Brazil’s Pantanal, the world’s largest wetland, with more than 760,000 hectares burned in 2024 alone.
The proposal has sparked mixed reactions, with environmental groups welcoming it and the timber industry criticizing it as politically motivated.
Timber sales will make the project financially viable, with trees harvested only after 14 years.
Patel, currently the Director of Communications and Marketing for FSC Canada, will start her transition as Deputy President on July 1, 2024.
The federation warns that implementing the law will pose significant challenges.
This law aims to restore 20% of the EU’s land and sea areas by 2030 and all ecosystems needing restoration by 2050.
Land acquired by The Nature Conservancy to create continuous corridor to support healthy habitats and safe pathways for wildlife.
Metsä Group funds biodiversity management and restoration projects with a total of Euro 600,000.
The Forest Promotion Program aims to provide a business alternative for producers in Paracel’s area of influence, as a strategy to diversify their income.
Scientists aim to stop sanctioned Russian timber from entering Europe by mapping trees' chemical fingerprints. This method could help companies like IKEA avoid using illegal timber.