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Harnessing the Potential of Private Sector Engagement in Productive Forests for Green Growth

The forest sector has great potential for contributing to inclusive green growth through job creation, export opportunities, and climate change mitigation.1 Promoting harvested wood products (HWP) (such as wood for construction or furniture, or biomass for energy) is an important strategy for maximizing the economic, social, and environmental potential of the forest sector. When trees are harvested and turned into HWP, the woody biomass of the HWP continues to store carbon until the product is burned or decomposes. Depending on the use of the HWP, carbon storage can range from immediate release (fuelwood) to release centuries later (construction). By delaying the release of carbon back into the atmosphere, HWP can help to mitigate climate change. In addition, HWP can reduce carbon emissions by acting as a substitute for fossil fuel–intensive materials, such as concrete or metal for construction.

 

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Theme: 
Financing SFM
Climate Change
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