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Recent Articles

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Manulife Investment Management enters into lease agreement with 1PointFive, a subsidiary of Occidental's Oxy Low Carbon Ventures, for some 27,000 acres of timberland in Western Louisiana to be used for carbon capture and sequestration project

CarbonPlan: Ton-year accounting values carbon storage based on its duration; but method risks bundling short-duration storage, such as one-year forest harvest delays, into carbon offsets marketed as equivalent to more permanent climate mitigation efforts

Canada's 2 Billion Trees initiative in its first year supported planting of 30 million trees; government is entering into longer-term agreements to secure planting over 10 years, and by 2026 program aims to plant 250–350 million trees annually

British Columbia to invest C$513M in Climate Preparedness and Adaptation Strategy to address wildfires, flooding, extreme heat; it includes expanded role for BC Wildfire Service, investments in nature-based solutions to reduce impacts of flooding, drought

Japanese trading companies step up forestry investments, many to use forest assets to secure carbon credits; Mitsui to increase stake in New Forests to 49%, Sumitomo aims to double forested holding in New Zealand to some 100,000 hectares by March 2024

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