The World Economics Forum has released a report that states that some $700 billion is needed in extra funding to make a real difference to climate change. The report has been welcomed by analysts at FRA, which endorses investment in sustainable forestry projects.
Seattle, United States, January 25, 2013 — The World Economics Forum has released a report that states that some $700 billion is needed in extra funding to make a real difference to climate change. The report has been welcomed by analysts at Forest Research Analysis (FRA), which endorses investment in sustainable forestry projects.
The report outlined the fact the cash invested into climate change mitigation in 2011 was 93 per cent higher than the amount invested in 2007. However, the World Economics Forum still suggests this is way too low. Its report stated: “This business-as-usual investment will not lead to a stable future unless it achieves environmental and sustainability goals.”
FRA agrees that investment needs to be ploughed into areas such as clean energy, sustainable aforestation and preventing deforestation, low carbon transport and clean energy infrastructure.
Promoting ethical and green investments now is key to the future of the planet, according to a recent blog post by the Forum’s global managing director for strategy and sustainability services. He stated, that if people continue to invest in non-clean energies it could tie us all into many more years of reliance on these unsustainable sources of energy that will continue to contribute to climate change.
FRA’s analysis partner, Peter Collins, added that investing in timberland that produces sustainable and non-native lumber is a great alternative investment for those who agree with the Forum’s message.
“We endorse investment in clean energy and sustainable schemes, such as plantations run by businesses like Greenwood Management.”
Greenwood Management’s plantations of teak and eucalyptus are grown in regions where these species are not indigenous. They grow quickly and offer a great alternative to using timber from natural rainforests in the region. “The steel industry in Brazil uses a large amount of charcoal and it can now source this charcoal sustainably thanks to these kinds of plantation projects,” claimed Peter Collins.
About Forestry Research Associates
Forestry Research Associates is a research and advisory consultancy that focuses on forestry management, sustainability issues and forestry investment around the globe.
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