This annual timberland investment conference, held at the World Forestry Center in Portland, OR, is growing in attendance each year. As always, the event had an excellent line-up of speakers this week.
The World Forestry Center is a not-for-profit organization.
Who Will Own the Forest 10?
This week was held the tenth annual “Who Will Own the Forest?” timberland investment conference at the World Forestry Center in Portland, OR. Here is a brief snapshot of the proceedings, next week there will be more extensive coverage:
Snapshot
“ Canadian and Australian pension fund [investment into timberlands] are following the Harvard model. ” — Reid Carter, Brookfield
“ Emerging markets are, to a certain extent, subordinate to developed countries, but some of those largest markets are showing signs of their own [growth] momentum. ” — Tim Leach, US Bank
“ Forests are currently offsetting 16 per cent of CO2 emissions in the United States.
The US Forest Service says this will be 0 per cent in the next 100 years. ” — Bill Ginn, The Nature Conservancy
“ The economics of natural forests is played out and the future is in plantations [timber, bamboo].
US$60 to $100 billion in investment is needed to grow forests. This will come from institutional investors, not governments. ” — David Brand, New Forests