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.
Media
Contact:
Peter
Collins
Forestry
Research Associates
620
Vineyard Lane
Bainbridge
Island, WA 98110
(206)
316 8394
