The Food and Agriculture Organisation of the UN, FAO, estimates that in Africa alone, over two million hectares of forests is lost every year. Population growth, urbanisation and a growing middle-class adds pressure on the remaining natural forests.
Sustainable, responsible forestry is one key way to curb de-forestation and climate change. In for example Africa, it can already be seen that the timber produced through sustainable plantations is easing the pressure on natural forests.
Finnfund invests in commercial plantations and related industries, such saw mills and plywood mills.
At present Finnfund has invested some 100 million euros in ten forestry companies and funds.
Forester, Investment Manager
Kilombero Valley Teak Company (KVTC), Tanzania