New Exemplary Forestry Investment Fund Makes First Acquisition
A new investment fund, which aims to generate both environmental and financial returns for investors, has made its first acquisition in Maine.
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A new investment fund, which aims to generate both environmental and financial returns for investors, has made its first acquisition in Maine.
New technological advances allow us to use wood to build tall buildings. These components are made by joining smaller pieces of wood together and are called mass timber.
How we manage these trees and how we use climate-friendly wood products from our region’s forests can have an astounding impact on our climate goals.
We are now part of a larger partnership of forest scientists, practitioners and advocates who ask: How can we position forests to best respond to the dual crises of climate change and biodiversity loss?
The study finds that improved forest practices including increased stocking of trees could bolster carbon storage by an estimated 488 million metric tons. The authors say that's nearly a quarter of the emissions reductions New England needs to reach net-zero by 2050.