Region Archives: International

Business & Politics

China is after Canada’s pulp and paper industry – it’s a national-security issue

By Robert Dimirieff, President of Patriot Forge co.
The Globe and Mail
May 16, 2024
Category: Business & Politics
Region: Canada, International

In the shadow of escalating global conflicts and the pressing demand for military supplies, a critical component of national security is being overlooked: the strategic importance of pulp and paper. These materials are pivotal in the production of military-grade components such as nitrocellulose. …The acquisition of Resolute by privately held Paper Excellence – among other purchases of Canadian producers by parties related to foreign corporations, notably from China – places these essential resources under the control of overseas interests. …Nitrocellulose, or guncotton, is produced primarily from wood pulp and is critical for producing smokeless gunpowder used in military ammunition. Currently, China dominates the global nitrocellulose market, controlling the production and export of this vital material. Europe’s dependency on Chinese nitrocellulose has already led to supply shortages, hampering efforts to support Ukraine. …To safeguard national security and economic sovereignty, I believe Canada must re-evaluate its strategic industries through the lens of contemporary global challenges. [to access the full story a Globe & Mail subscription is required]

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Canfor Reinforces Ties with China’s Market

By Nancy Xie
Canada Wood Group
April 24, 2024
Category: Business & Politics
Region: Canada, International

Canfor’s President and CEO, Don Kayne, along with David Calabrigo, SVP of Corporate Development, Legal Affairs and Corporate Secretary, traveled to China in April to reinforce Canfor’s position in the China market. They met with local stakeholders including FII China and Canada Wood China to discuss market trends, consumer demands, regulatory matters, and sustainable practices. Canfor’s focus on the Chinese market has been unwavering and integral to its diversification strategy. The roots of this commitment trace back to 2005 when Don Kayne first visited China as part of a British Columbia trade delegation. At that time, China constituted a mere 1% of Canfor’s exports. Since then, China has grown to become one of Canfor’s top five markets in terms of value, along with the US and Japan, and the second largest in terms of volume. Years of concerted efforts by Canada Wood and FII China … have paved the way for this progress.

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Brazil’s Suzano discusses higher bid for International Paper

Bc Anirban Sen and David French
Reuters in Yahoo! Finance
May 20, 2024
Category: Business & Politics
Region: United States, International

Brazilian pulp and paper company Suzano has been in talks with its advisers about sweetening its $15 billion acquisition offer for International Paper (IP), people familiar with the matter said on Monday. Earlier this month Suzano had approached IP to verbally express interest in an all-cash acquisition that was worth roughly $42 per share. Such a deal is conditional on IP abandoning its agreement to acquire British packaging firm DS Smith for $7.2 billion. IP rejected Suzano’s initial approach, and Suzano is discussing raising its offer by a few dollars per share, one of the sources said. The sources cautioned there is no certainty that a new bid from Suzano would succeed.IP’s shares jumped more than 1.3% during market hours on the news on Monday, and further extended gains in trading after the bell. Shares of Suzano, which has a market value of 67.1 billion reais ($13.15 billion), closed up more than 1% in Brazil.

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Brazil’s Suzano readies $15 billion bid for International Paper, sources say

By Anirban Sen
Reuters
May 7, 2024
Category: Business & Politics
Region: United States, International

NEW YORK — Brazilian pulp and paper company Suzano has approached US-based International Paper (IP) to express interest in an all-cash acquisition that would be worth almost $15 billion. The approach comes less than a month after IP agreed to buy British packaging firm DS Smith for $7.2 billion, beating out a rival bid from London-listed Mondi. …Suzano has communicated its $42-per-share offer to IP’s board of directors verbally, and could submit a formal bid in the coming days. IP is poised to reject Suzano’s offer as inadequate. Suzano said that it has neither signed any agreement with IP for a potential business combination nor has any decision been made by the company’s management in respect to a potential deal. Suzano, the world’s largest pulp manufacturer has informed IP that the offer would be conditional on the latter abandoning its deal with DS Smith, the sources said.

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International Paper, Suzano pour cold water on report of $15 billion merger deal

By Steve Gelsi
Morningstar
May 8, 2024
Category: Business & Politics
Region: International

IP shares dip 1% in premarket trades after the company says it… declined to comment on a report that it’s been approached by Brazil’s Suzano with an offer to buy the company for about $15 billion. …Suzano also poured cold water on the report of a verbal offer to buy International Paper. “There is no formal document or celebration of any agreement, binding or otherwise, by Suzano, nor any decision or resolution of its management bodies regarding the potential operation reported by the media,” the company said in a filing. Citing people familiar with the deal, Reuters reported Tuesday that Suzano was interested in acquiring the Memphis paper conglomerate for $42 a share, a premium of about 14% over its closing price of $36.92 on Monday. The news sent International Paper’s stock up about 5.2% by the closing bell on Tuesday, while U.S.-listed share of Suzano fell 11.5%.

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Finance & Economics

Mercer International reports Q1, 2024 net loss of $16.7 million

Mercer International Inc.
May 9, 2024
Category: Finance & Economics
Region: Canada, International

NEW YORK, NY – Mercer reported first quarter 2024 Operating EBITDA of $63.6 million, an increase from $27.5 million in the same quarter of 2023 and $21.1 million in the fourth quarter of 2023. In the first quarter of 2024, net loss was $16.7 million, which included a non-cash loss on disposal of $23.6 million relating to the dissolution of the Cariboo Pulp and Paper joint venture, compared to a net loss of $30.6 million in the first quarter of 2023 and a net loss of $87.2 million in the fourth quarter of 2023. …Mr. Juan Carlos Bueno, CEO, stated: “In the first quarter, our operating results were positively impacted by an improved pulp and lumber pricing environment, lower fiber and other production costs and no planned maintenance downtime. NBSK pulp prices in Europe and North America continued to improve in the first quarter.

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Paper Manufacturers Shift Grades—April 2024 Merger and Acquisitions Activity

By Mark Hahn
What They Th!nk
May 8, 2024
Category: Finance & Economics
Region: United States, International

In a classic bidding war that played out in the public markets, International Paper announced that it had prevailed over Mondi in the competition to land DS Smith. It was an about-face for the London-based DS Smith company. The Mondi and DS Smith boards were confident they had arrived at a final price and structure. In early March, they jointly announced an agreement for Mondi to acquire DS Smith in an all-share offer. Less than three weeks after the deal with Mondi was announced, US-based International Paper came roaring out of the sidelines and pushed Mondi out of the way with a stock-exchange offer for DS Smith valued at $7.2 billion. This deal is just one of many over the past several years as the paper industry sorts itself out, reduces its reliance on printing papers, and shifts to packaging grades. 

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Suzano reports Q1, 2024 net income of US$43 million

By Suzano
Business Wire
May 9, 2024
Category: Finance & Economics
Region: International

SÃO PAULO, Brazil — Suzano, the world’s largest pulp producer, announced its financial results for the first quarter of 2024. The highlight of the period is the progress of the Cerrado Project, the largest ever capital investment project by the company. …The results also reflect the recovery trend of international pulp prices and stable production costs in relation to the previous quarter, as well as seasonal effects on sales in the sector. …Suzano registered net income of R$220 million [US$ 46 million]. Net debt ended the quarter at US$11.9 billion, including Suzano’s share buyback program and interest payments on equity during the quarter.

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UK Imports of timber and panel products remain generally low

The Construction Index – UK
May 7, 2024
Category: Finance & Economics
Region: International

Analysis by Timber Development UK (TDUK) shows that imports or main products groups are up by just 0.2% in the first two months of 2024, compared to the same period in 2023. Overall, however, volumes remain subdued in line with weaker construction output – particularly house-building – and a generally lacklustre economy. Softwood, hardwood, particleboard and MDF all experienced lower import volumes compared to the first two months of 2023, whereas plywood, OSB and engineered wood products are currently ahead of last year. Solid wood imports were 2% lower than in the first two months of 2023, while imports of panel products were nearly 5% higher, largely due to big increases in imported hardwood plywood driven by imports of eucalyptus-faced plywood from China. TDUK’s Nick Boulton said: “The UK tipped into a modest ‘mini’ recession, but this was thankfully shortlived, and economic indicators for 2024 have improved in recent months.

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Wood, Paper & Green Building

Canadian softwood prefered in Vietnam thanks to quality and sustainable origin

By Thy An
Vietnam Express
May 19, 2024
Category: Wood, Paper & Green Building
Region: Canada, International

Five types of Canadian softwood are gaining high esteem due to their sustainable and environmentally friendly characteristics, durability, performance, and aesthetic appeal. In recent years, the interior product manufacturing industry in Vietnam has experienced remarkable growth, outpacing the expansion of domestic wood supply. This, along with a decrease in the availability of hardwood, has led furniture manufacturers to explore alternative materials, such as high-quality softwood from the province of British Columbia (B.C.), Canada. Among these, five types of softwood, western hemlock, western red cedar, yellow cedar, douglas-fir, and spruce-pine-fir (SPF) groups, have garnered high esteem. …In the Vietnamese market, B.C. softwood is promoted by Canadian Wood Vietnam, which is part of Forestry Innovation Investment (FII), a Crown agency of the British Columbia Government.

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A seminar by Canadian Wood to promote Certification and Sustainability

Architect and Interiors India
May 17, 2024
Category: Wood, Paper & Green Building
Region: Canada, International

The British Columbia provincial government’s crown corporation, Forestry Innovation Consulting India Pvt Ltd (FII India), popularly known as Canadian Wood, hosted an insightful and successful seminar, titled ‘Certified Wood for a Sustainable Future, in Gurgaon. The exclusive event brought together industry experts and furniture buying houses to discuss the ecological and practical benefits of Canadian Wood species in furniture manufacturing and design and why it made sound sense to incorporate it in the industry. The seminar featured insightful presentations from esteemed speakers including Mr. Pranesh Chhibber, Country Director of Canadian Wood and Dr. Jimmy Thomas, Assistant Director-Technical Services, Canadian Wood, both distinguished experts from the organisation. Mr. Pranesh Chhibber shared his expertise on the environmental advantages and durability of Canadian Wood, emphasising its role in fostering sustainable practices within the industry, he also emphasized on some important wood certification bodies around like the world like PEFC and FSC.

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Eco-Materials Transform Paris 2024 Olympic Venues

Direct Industry Magazine
May 17, 2024
Category: Wood, Paper & Green Building
Region: International

The Paris 2024 Olympics are set to be the most environmentally friendly Games yet. Our affiliated publication, ArchiExpo e-magazine, has released a series of reports showcasing the innovative use of wood and bio-based materials in the construction of Olympic buildings. …The timber industry is playing a crucial role in constructing sustainable venues for the upcoming Paris Olympics. Timber, known for its environmental benefits, is being used in innovative ways to create iconic structures. The article highlights the industry’s commitment to eco-friendly practices and its contribution to the success of the games. …PEFC France, one of the founders of the Programme for the Endorsement of Forest Certification, supports this initiative. …Laudescher’s innovative wood products, known for aesthetic appeal and acoustic properties, feature in ten projects across France. These include the Athletes’ Village designed to house athletes and staff during the Games as well as the Centers for Aquatic Sports in Seine-Saint-Denis.

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The 100-Year Quest to Make a Paper Bottle

By Saabira Chaudhuri
The Wall Street Journal
May 15, 2024
Category: Wood, Paper & Green Building
Region: International

SLANGERUP, Denmark—For more than a century, businesses have struggled to solve a curiously complicated challenge: How to make a paper bottle that doesn’t get soggy and keeps drinks fresh. Now they say they are the closest they have ever been. Diageo, Pernod Ricard and Procter & Gamble are among a raft of companies testing paper-bottle designs they are betting can help their brands stand out on shelves, woo consumers concerned about plastic and cut carbon emissions. …The paper-bottle push comes as paper is growing in popularity as a substitute for plastic packaging, with companies already using it to sell chocolate, ice cream, chewing gum and chips. …Environmentalists have questioned the merits of substituting paper packaging for plastic. …Despite the uncertainties, consumer-products companies are plowing ahead. Their holy grail is a paper bottle that is easy to recycle, avoids fossil fuel-based plastic and—ultimately—boosts sales. [to access the full story a WSJ subscription is required]

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Can timber construction overcome its growing pains?

By Catherine Early
Reuters
May 13, 2024
Category: Wood, Paper & Green Building
Region: International

…Timber is not a new building material – humans have built with wood throughout history. But the profile of timber buildings has increased, particularly in cities, as the need to decarbonise has intensified alongside the rise in so-called mass or engineered timber products. …Mass timber products can have several benefits over conventional building materials of concrete and steel. …But the biggest impetus now is coming from cities’ drive to decarbonise. …However, uptake in the construction industry has been slowed by persistent myths about wood’s drawbacks, opens new tab. These include concerns about strength and performance, environmental sustainability, availability of timber and cost. …Fire safety is, quite literally, the most burning issue for the industry. …On the other hand, there are also some in the built environment sector who fear that greenwash about the benefits of wood products could undermine their potential.

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Finland’s forestry industry shifting from paper to higher-value wood products

YLE News
May 10, 2024
Category: Wood, Paper & Green Building
Region: International

The Finnish forest industry’s reputation as a producer of highly processed products has been hit hard, as demand for printing paper has dwindled. The Natural Resources Institute Finland (Luke) recently noted that the value added to the national economy by each cubic metre of wood processed has declined since the paper industry’s ‘golden age’. Additionally, if the amount of wood available for processing decreases due to climate protections, the challenge becomes even greater. Now, Finnish forestry firms want to make something more expensive out of wood than pulp.Metsä Group discontinued production of printing paper in 2016. As a result, more of the company’s pulp has been sold instead of being made into more expensive products. …Stora Enso has also almost completely abandoned printing paper and converted its machines to produce cardboard, among other things.

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How to tackle embodied carbon in the built environment?

By WoodSolutions
Architecture and Design Australia
May 7, 2024
Category: Wood, Paper & Green Building
Region: International

The future of Australia’s built environment hinges on a single word: carbon. Australia’s construction industry faces a challenge, with embodied carbon predicted to account for a staggering 85% of its emissions by 2050. …”Australia, as a whole, is taking an audit of industries and how they address sustainable and circular practices,” observes Kevin Peachey, Head of Built Environment at WoodSolutions. “In a bid to combat climate change and achieve emission reduction targets, the Australian Government set ambitious goals, legislating a 43% reduction in greenhouse gas emissions by 2030 – and net-zero emissions by 2050.” …Could it be that this one-word problem has a one-word solution? Wood. …These developments only highlight the need for the type of expert guidance that organisations like WoodSolutions provide to the industry. …The series offers a comprehensive look at sustainable timber construction, from the role of forests in carbon capture to detailed guidance on calculating the embodied carbon of building materials. 

Additional coverage from Architecture and Design Australia: Q&A with Kevin Peachey, Head of Built Environment Programs at FWPA & WoodSolutions

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Canada Wood’s Advocacy Efforts Lead to New Opportunities for Wooden Apartment Construction in South Korea

By Tai Jeong
Canada Wood Group
April 29, 2024
Category: Wood, Paper & Green Building
Region: International

The Korean Ministry of Land, Infrastructure, and Transport announced changes in the building regulations for wooden multi-family residential buildings that eliminate the existing requirement for thick concrete floors that serve as sound barriers between units in wood frame apartment buildings. Previously, all multi-family buildings were required to have floors with a minimum thickness of 210 mm of concrete slab. …Previously, the requirement for concrete floors resulted in the loss of a market for 800 annual Korean multi-family Dagagu building housing starts for Canadian wood products. The removal of this requirement is expected to revitalize this market, potentially restoring Canadian wood as a primary material in these constructions. …Canada Wood Korea, along with other organizations, has been advocating for these changes to support the use of wood in building construction. 

Read more about Canada Wood Market Insights in the May Newsletter

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Green production, trade will help wood industry increase export: Viforest

Viet Nam News
May 7, 2024
Category: Wood, Paper & Green Building
Region: International

HÀ NỘI — General Secretary of Việt Nam Timber and Forest Products Association (Viforest) Ngô Sỹ Hoài said that the wood industry needs to pay attention to green production and trade to increase exports. According to Hoài currently, many major markets are strengthening the enforcement of import regulations as well as important technical barriers for products from exporting countries. For example, EU countries have requested exporters to meet regulations at the Carbon Border Adjustment Mechanism. Goods imported into the EU will be imposed with a carbon tax and businesses must convert to lower-emission production models to get carbon credits. Viforest is encouraging businesses to ensure green production, green trade and digital transformation. Sustainable development will be key to increase orders and revenue from export activities. The association has been conducting many trade promotion activities at home and abroad to seek more customers and orders.

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Was the Stone Age Actually the Wood Age?

By Franz Lidz
The New York Times
May 4, 2024
Category: Wood, Paper & Green Building
Region: International

In 1836, Christian Jürgensen Thomsen, a Danish antiquarian, brought the first semblance of order to prehistory, suggesting that the early hominids of Europe had gone through three stages of technological development that were reflected in the production of tools. The basic chronology — Stone Age to Bronze Age to Iron Age — now underpins the archaeology of most of the Old World. Thomsen could well have substituted Wood Age for Stone Age, according to Thomas Terberger, head of research at the Department of Cultural Heritage of Lower Saxony, in Germany. …Dr. Terberger published a study last month that provided the first comprehensive report on the wooden objects excavated from 1994 to 2008 in northern Germany. …The objects date from the end of a warm interglacial period 300,000 years ago, about when early Neanderthals were supplanting Homo heidelbergensis, their immediate predecessors in Europe. The projectiles unearthed at the Schöningen site are considered the oldest preserved hunting weapons. [a NY Times subscription is required to access the full story]

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Forestry

Critics slam review of Canadian forestry giant’s sustainability credentials, asserting conflict of interest

By Zach Dubinsky
CBC News
May 18, 2024
Category: Forestry
Region: Canada, International

Canadian forestry giant Paper Excellence won’t have its sustainability certification revoked by the world’s premier forestry credentialing body after an examination of the company’s ties to an Indonesian resource conglomerate, but environmental NGOs and legal experts say the assessment appears to be rife with conflicts. The international Forest Stewardship Council conducted a “corporate group review” of allegations that Paper Excellence has deep operational and ownership ties to Indonesian conglomerate Asia Pulp & Paper (APP), which has a record of rainforest destruction and lost its FSC designation in 2007. …The FSC hired one of Paper Excellence’s go-to law firms, McMillan LLP, to conduct the review. …Most of Paper Excellence’s operations have some kind of FSC certification. It stood to lose that certification if it was deemed a part of the APP business empire. …But the FSC announced Friday morning that its review confirmed there is “no corporate control” between Paper Excellence and APP. 

Related coverage in Burnaby Now, by Stefan Labbé: Critics slam Paper Excellence review that found no APP links

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Concerns rise over challenges posed by EUDR to pulp, paper and printing industries

By Andrea Venturini
RISI Fastmarkets
May 22, 2024
Category: Forestry
Region: United States, International

With less than eight months to go before the implementation period for the European Deforestation Regulation (EUDR) ends on December 30, concerns are mounting in the pulp, paper and printing industries over the potential threats that the legislation poses to European companies. …The scope of the regulation includes commodities, namely cattle, cocoa, coffee, palm oil, rubber, soya and wood, as well as relevant products including pulp, paper and printed products. …The due diligence obligation is actually one of the pivotal points of the EUDR: every company trading one of the listed products in or out of the EU must ensure traceability back to the specific plot of land where the fibers originated. …The pulp, paper and printing industries are concerned about the implementation of the regulation. …“The challenge with the EUDR is that it most likely will create enormous amounts of administrative work, while not really benefiting forests.

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UN Director General addresses UN Forum on Forests

US Food and Agriculture Organization
May 9, 2024
Category: Forestry
Region: United States, International

NEW YORK — The Director-General of the Food and Agriculture Organization of the United Nations (FAO), QU Dongyu, addressed the 19th Session of the United Nations Forum on Forests. …Qu said the UN Strategic Plan for Forests 2017-2030 and related Sustainable Development Goals “provide a clear vision of what must be accomplished by 2030.” While there’s been progress, we still face many challenges, including meeting the 3 percent increase in global forest coverage goal, Qu said. With only six years left to achieve our goals, “we urgently need to transform global agrifood systems to be more efficient, more inclusive, more resilient and more sustainable – including our forests and more specifically agri forestry,” he said. …Speaking as CPF Chair, Qu announced that the theme of the International Day of Forests for 2025 will be “Forests and Foods.” 

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Fire management in Victoria amounts to de facto native logging industry, conservationists say

By Graham Readfearn
The Guardian UK
May 16, 2024
Category: Forestry
Region: International

AUSTRALIA — The Victorian government has been accused by conservationists and a leading ecologist of allowing a de facto native logging industry to emerge under the guise of fire management just months after closing down the industry. Environmental lawyers said the state government agency, Forest Fire Management Victoria, was acting “with impunity”, and conservationists and the Victorian Greens called on state and federal ministers to step in. Logging in Victoria’s native forests ended at the beginning of this year but Prof David Lindenmayer, a forest ecologist at Australian National University, said: “There’s a de facto logging industry now emerging under the guise of fire suppression. …Conservationists and the Victorian National Parks Association expressed shock after discovering a dead greater glider in an area where trees had been felled by FFMV. Blake Nisbet, of campaign group Wildlife of the Central Highlands, said: “This is endangered wildlife culling. 

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Carccu Awarded FSC Forest Certification for Environmental Responsibility

By Carccu / EPP-Pack Oy
Newswires EIN
May 16, 2024
Category: Forestry
Region: International

SASTAMALA, FINLAND — Carccu, a packaging manufacturer based in Sastamala, Finland, has been awarded Forest Stewardship Council (FSC) forest certification. The wood in an FSC-labelled wood product originates from a forest that has been managed in accordance with the principles of environmental, social and economic sustainability. The FSC label on paper packaging demonstrates commitment to sustainable forest management. …The certification is supervised by independent, accredited auditors and it is the only wood product certification that is also supported by WWF, Nature League and Greenpeace. By using FSC-certified raw materials , Carccu is able to contribute to responsible forest management and forest economy. Work on obtaining FSC certification started at Carccu last year as part of the company’s ISO 9001 and ISO 14 001 quality system certification efforts.

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Minister won’t step in over alleged logging breaches

By Tracey Ferrier
Goulburn Post
May 15, 2024
Category: Forestry
Region: International

New South Wales’s environment minister has refused to intervene amid fears the government’s own Forestry Corporation could be illegally destroying the den trees of endangered greater gliders. Penny Sharpe has voted against a motion, brought by the Greens in parliament, calling for the suspension of logging in nine state forests while investigations are carried out. The motion was made after an audit by conservation groups found the Forestry Corporation had breached new greater glider search rules 188 times in just eight weeks. The rules for pre-logging surveys were tightened in February after the corporation admitted it had been looking for nocturnal gliders during the day, when the animals would have been asleep inside their hollows. 

 

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Scion forced to reduce staff due to reduced government funding

By the Public Service Association
Scoop Independent News
May 14, 2024
Category: Forestry
Region: International

Government spending cuts have forced Scion, the dedicated Crown research institute charged with growing forestry exports, to propose shedding a significant number of scientists. Scion said 30 jobs or around 10% of its workforce may go. This impacts scientists, technicians and support staff. Most are based in Rotorua. …”Cutting the agency that is helping to grow a valuable exporter, earner and employer is just more dumb stuff from this government,” said Fleur Fitzsimons Assistant Secretary for the Public Service Association Te Pūkenga Here Tikanga Mahi. …”Forestry is our third largest primary export earner and employs tens of thousands in regions around New Zealand – it makes no sense for a government focused on economic growth and regional economic development to undermine such a critical agency. Scion is all about the productivity of forestry – helping grow higher value trees, improving land management, researching more efficient harvesting practices and the impacts of climate change on forests.”

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Nitrogen pollution is less harmful to mixed forests, study shows

By Zhang Nannan, Chinese Academy of Sciences
Phys.Org
May 13, 2024
Category: Forestry
Region: International

In a study published in the journal Plant and Soil, researchers from the Institute of Applied Ecology of the Chinese Academy of Sciences have shown that mixed larch and deciduous forests are more resistant to soil acidification—a decrease in soil pH—than pure larch forests. This finding suggests that mixed forests, which contain a variety of tree species, may be a more effective forest management strategy to combat soil acidification. Human activities such as the burning of fossil fuels and the use of chemical fertilizers have led to high levels of nitrogen deposition, the transfer of nitrogen from the atmosphere to the Earth’s surface, in many regions of the world; this process may cause soil acidification and plant nutrient imbalances. …The results suggest that in the northeastern regions of China, establishing mixed forests may be a better forest management practice to prevent soil acidification under conditions of increased nitrogen deposition.

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Sydney’s tree wars: Greed and harbour views fuel vandalism

By Tiffanie Turnbull
BBC News
May 11, 2024
Category: Forestry
Region: International

On a balmy February evening in Sydney, a figure disguised in a black hoodie stole up to a row of iconic trees, drill in hand. Under the cover of darkness, the man allegedly tried to kill nine of the beloved figs which have watched over Balmoral Beach for over a century. In recent months, a string of similar incidents in some of Sydney’s leafiest and wealthiest suburbs has baffled a nation rather attached to its bushland. Hundreds of trees have been ruthlessly cut down, drilled and laced with poison, or stripped bare – conveniently exposing the kind of harbour views that drastically increase property values. “It’s selfishness and greed, there’s no other way to describe it,” says John Moratelli, who runs an environmental protection group. …Many councils say they feel powerless to stop what they fear is a growing trend.

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Forest Carbon Diligence: Breaking Down The Validation And Intercomparison Report

By Christopher Anderson
Planet Labs PBC
May 9, 2024
Category: Forestry
Region: International

We want to share more about the technological advances we’ve made at Planet in building the Forest Carbon Diligence products, as well as the caveats and uncertainties that accompany these products. The suite of Diligence products includes a 10-year historical time series with estimates for aboveground carbon density, canopy height, and canopy cover provided globally at 30 meter nominal resolution. You can think of Diligence as a multi-year, GEDI-like forest carbon data product with wall-to-wall spatial coverage. It is worth distinguishing Diligence, an historical archive product built using public satellite data sources, from our Forest Carbon Monitoring product. Monitoring is built on PlanetScope, provides quarterly updates, and is coming soon. …Planet recently released the Diligence Validation and Intercomparison Report, which includes comparisons with 8 independent forest biomass datasets around the globe, including NASA and ESA data, national forest inventories, field plots, and airborne LiDAR.

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The Forest Wars – review and response

The Australian Rural & Regional News
May 9, 2024
Category: Forestry
Region: International

AUSTRALIA — This article features Mark Poynter’s April 17th book review of The Forest Wars followed by the author, David Lindenmayer’s May 1st response. 

Poynter: Professor David Lindenmayer, is an ecologist who, according to the blurb, is a ‘world-leading forest expert’. Over the past 15-years, he has been privileged with a media platform for frequent, forthright, and often sensationalist commentary on forestry issues that generally fit a populist, anti-timber industry narrative. …the book primarily reads as an exercise in finding arguments to justify the author’s long-standing belief that native forest wood production … must end.

Lindenmayer: Readers should be acutely aware of Mr Poynter’s strong connections to the native forest logging industry. …I was once a strong advocate of the native forest logging industry. I no longer am. The costs of propping up the industry not only to the taxpayer but also to the environment and climate are just too great. These costs are among the key reasons why I wrote the book. 

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Achieving sustainable forest management remains United Nations forum’s goal

United Nations
May 6, 2024
Category: Forestry
Region: International

The 19th session of the UN Forum on Forests (UNFF19) opened on Monday with focus on achieving Global Forest Goals and increasing progress towards sustainable development by 2030. The UNFF serves as a body under the UN Economic and Social Council (ECOSOC) and aims to support the goals of the International Arrangement on Forests (IAF) and to advance other international forest-related instruments, processes, commitments and objectives. At the forum’s opening ceremony, Juliette Biao, Director of the UNFF Secretariat, said the world currently faces numerous natural disasters, worsening climate change as well as conflict, growing poverty and unemployment, among other crises. She said making a difference amidst these global challenges can be achieved by meeting Global Forests Goals (GFG) by 2030, however, they remain off track. To get back on target, Ms. Biao said, “we want a world where all types of forests are sustainably managed”. 

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Liberia’s forest management authority plans to increase timber exports and cut regulations

By Ed Davey
The Associated Press in the Atlanta Journal-Constitution
May 6, 2024
Category: Forestry
Region: International

Liberia, West Africa’s most forested country, has a long history of illegal logging, which the country’s regulator, the Forestry Development Authority (FDA), has repeatedly struggled to confront. So it raised eyebrows when Rudolph Merab, whose companies were twice found to have engaged in illegal logging, was recently appointed to lead the FDA. …For the first time Merab answered questions about his past and detailed his plans for managing Liberia’s forests, promising to increase timber exports and cut regulations. Liberia, a country of more than 5 million people, is bordered by Sierra Leone, Guinea and Ivory Coast, and has a long coastline along the Atlantic Ocean. Despite a recent past that includes civil war and chronic problems with illegal logging, much of its tropical forests remain lush and intact. …The United Kingdom and European Union, both major donors to Liberian forest conservation, hoped a change in government would bring about a new era.

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Register for FSC Forest Week 2024

Forest Stewardship Council Canada
May 6, 2024
Category: Forestry
Region: International

It has never been more crucial to raise awareness and inspire responsible actions that positively impact our environment. As consumers look to actively contribute to fighting the climate and biodiversity crises, together we can show them a way to be part of the solution. FSC Forest Week (21-27 September) is an annual campaign that raises awareness about sustainable forestry, highlighting the Forest Stewardship Council’s (FSC) work and forest stewards’ role in fighting climate change and biodiversity loss. 2024 marks 30 years since we started our mission. You can be part of this journey by taking the small steps that create big change throughout the week, working to raise awareness and promote FSC’s impact. The campaign is a fantastic opportunity for your brand to engage with customers and communities, inviting them to step up for our forests. 

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Forests play a pivotal role in addressing the triple planetary crisis

United Nations
May 3, 2024
Category: Forestry
Region: International

Peter Gondo

Forests cover nearly one-third of the earth and are critical in global efforts to address the triple planetary crisis. Ahead of the UN Forum on Forests and the 4th International Conference on Small Island Developing States this month, we asked UN DESA’s Peter Gondo about the Forum, the role of forests in small islands and why we need healthy forests for our survival. “Forests play a pivotal role in addressing the triple planetary crisis of climate change, biodiversity loss, and pollution. When forests are healthy and well managed, they provide a myriad of ecosystem services, from regulating climate and providing habitat for 80% of terrestrial biodiversity, to cleaning and filtering our air and water and providing livelihoods and food security. Investments in forest-based solutions offer a cost-effective way to generate multiple biodiversity and social benefits. The triple planetary crisis is interconnected, and forests offer integrated solutions to address all three of the crises,” said Gondo.

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Carbon, Climate & Bioenergy

Hot history: Tree rings show that last northern summer was the warmest since year 1 (of the Gregorian calendar)

By Seth Borenstein
Associated Press in CTV News
May 14, 2024
Category: Carbon, Climate & Bioenergy
Region: International

The broiling summer of 2023 was the hottest in the Northern Hemisphere in more than 2,000 years, a new study found. When the temperatures spiked last year, numerous weather agencies said it was the hottest month, summer and year on record. But those records only go back to 1850 at best because it’s based on thermometers. Now scientists can go back to the modern western calendar’s year one …but have found no hotter northern summer than last year’s. The study uses a well-established method and record of more than 10,000 tree rings to calculate summertime temperatures for each year since the year 1. Looking at the temperature records, especially the last 150 years, lead author Jan Esper noticed that while they are generally increasing, they tend to do so with slow rises and then giant steps, like what happened last year. He said those steps are often associated with a natural El Nino…

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MOU agreed to develop ‘bioship’ technology and plans to construct the world’s first biomass-fuelled ship

Drax Group Inc.
May 14, 2024
Category: Carbon, Climate & Bioenergy
Region: International

Leading Japanese companies, NYK Line, NYK Bulk & Projects Carriers, Tsuneishi Shipbuilding Co., Ltd. and British renewable energy business, Drax Group, have signed a new memorandum of understanding to develop both the world’s first biomass-fuelled ship (bioship) and the technology that could power it. Biomass is playing a growing role in Japan’s transition from fossil fuel power generation to low carbon and renewable electricity, and the country’s demand for biomass pellets, sourced primarily from North America and composed of sawmill and forestry residues, is increasing. Drax produces biomass pellets in both the US South and Canada. The company has a longstanding relationship with NBP which transports its pellets to Japan. …The installation of a biomass fuel plant could see a 22% reduction in well-to-wake carbon emissions in bioships when compared to using fossil fuels.

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Corporate climate watchdog document deems carbon offsets largely ineffective

By Virginia Furness
Reuters
May 9, 2024
Category: Carbon, Climate & Bioenergy
Region: International

LONDON – Staff at an influential corporate climate action group whose board announced a plan to allow companies to offset greenhouse gas emissions from their supply chain with carbon credits has now found such offsets are largely ineffective, a confidential preliminary draft shows. At stake is the growth of the still nascent market for voluntary carbon offsets. …The Science-based Targets initiative (SBTi), a U.N.-backed nonprofit that audits the emission reduction plans of companies, triggered a revolt among staff last month by declaring its intention to allow use of carbon credits prior to concluding its research. Since then, the SBTi’s board of trustees said that any decisions would be “informed by the evidence”. …Many of the SBTi’s financial backers are pushing for adoption. They argue offsets are needed to spur more investment in clean energy and meet a global pledge to reduce emissions to zero on a net basis by 2050.

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Scientists Warn against Treating Forests as Carbon Commodities

By Chelsea Harvey & E&E News
Scientific American
May 7, 2024
Category: Carbon, Climate & Bioenergy
Region: International

Growing alarm over climate change has pushed world leaders in recent years to see Earth’s forests as a critical resource in the fight against global warming. But the newfound attention might not always be a good thing. The focus on forests and their value as carbon sinks could be contributing to an increase in global inequalities and create too much reliance on market-based solutions, such as carbon offsets. The warning was included in a new report from the International Union of Forest Research Organizations, a nonprofit network of forest scientists. Published Monday, the report provides a scientific review of recent trends in global forest governance….But focusing entirely on their carbon value could risk neglecting the other benefits that forests provide, such as their cultural importance to Indigenous communities. …In addition, forest carbon markets can shut local communities out of forest management discussions in their home regions.

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Offset Schemes Failing to Benefit Forest Communities, Report Finds

Yale Environment 360
May 7, 2024
Category: Carbon, Climate & Bioenergy
Region: International

Increasingly, businesses are writing off their carbon emissions by funding the conservation of forests. A new report finds that while such schemes have made “limited” progress in curbing deforestation, they have largely failed to alleviate poverty in forest communities. “We are too late on in the game to use win-win narratives,” said Daniela Kleinschmit of Freiburg University, a lead author of the report. Published by the International Union of Forest Research Organizations and presented this week at a U.N. meeting on forest loss, the report looked at both carbon offset programs and programs that certify goods as not contributing to deforestation. It found that such schemes frequently operate at the expense of forest dwellers. Forest communities often see no income from offset schemes and are sometimes forcibly evicted from their lands in the name of protecting forests, the report said.

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Stockholm Exergi announces permanent carbon removal agreement with Microsoft, world’s largest to date

By Stockholm Exergi and Microsoft
Cision Newswire
May 6, 2024
Category: Carbon, Climate & Bioenergy
Region: International

STOCKHOLM — Stockholm Exergi today announced that it has signed a contract with Microsoft covering 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. The agreement represents the world’s largest permanent removals deal to date. The deliveries of the carbon removal certificates to Microsoft are planned to start in 2028 and continue for a period of ten years. “The agreement with Microsoft is a huge step forward for our BECCS project, Stockholm Exergi as a company and the climate. It is the strongest possible recognition of the significance, quality and sustainability of our project and takes us an important step closer to a final investment decision in Q4 2024. I believe the agreement will inspire corporations with ambitious climate objectives, and we target to announce more deals with other pioneering companies over the coming months,” says Anders Egelrud, CEO of Stockholm Exergi.

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