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Volume VII Issue 3 - FALL 2009
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Twenty-three African forest products companies have organized to create environmentally sound goals for their continent's timber industry. Africa Wood for Life requires its members to certify legality and traceability for its products. The members are committed to sustainable forest management certification and have set a goal of having 10 million hectares protected by 2015. At a press conference on May 14, the group focused on the timber industry in the Congo Basin, and set targets that actually exceed the levels of certification in the Amazonian Basin. The 23 member companies currently market FSC® certified wood products in Europe. These are products from well-managed tropical forests that respect social and environmental principles. For more info, visit AWL online. |
Invest in... A Tree Bank?
| Bloomberg and Smart Money are behind it. Investing in a tropical hardwoods farm seems like a long-term proposition, but Steve Brunner is a guy with long-term vision. I first reported on Steve and his Tropical American Tree Farms back in 1998, when I was an editor at Today's Woodworker (click here to see the original report). Since then, the company has grown quite a bit and their story has been covered by most of the major magazines. But they have also received quite a bit of coverage in financial and mainstream publications such as Forbes and the Denver Post. |
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The concept is simple. The company grows tropical hardwood trees for you, for harvest and for profit.Lumber prices have steadily risen for more than a century, and it's also an investment in the environment. Every commercially grown tree replaces a rainforest tree that doesn't need to die. The company operates a huge operation in Costa Rica (two million trees on more than 14,000 acres), growing for themselves and also for thousands of investors that include individuals, IRA funds, companies, and trusts. Each year, they produce millions of board feet of sustainably grown tropical hardwoods. |
| One of the nicest aspects of this carbon negative corporation is that owners are welcome to visit their trees any time. The plantation is just a few miles inland from the central Pacific Coast. For more info, visit Steve online. |
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