.png)
370 Million Acres of Forests in North America Certified by SFI
Here's a news release by the Sustainability Forestry Initiative.
According to it, we find these key insights:
- The Sustainable Forestry Initiative (SFI) has certified over 370 million acres (150 million hectares) of forests in the U.S. and Canada to its Forest Management Standard, emphasizing biodiversity protection, sustainable harvests, water quality, and regeneration.
- SFI's Fiber Sourcing Standard promotes responsible forestry practices on non-certified lands, encouraging the spread of sustainable forestry practices.
- SFI standards are recognized by the Programme for the Endorsement of Forest Certification (PEFC) and require independent third-party audits.
Let us look into various key insights on sustainable forestry around the world:
- $ 67 billion per year - the gap in funding for public and private investment in sustainable forest conservation and management, as reported by UN's FAO in Unasylva
- AUD 11.7 billion - assets under management as of 2023 by New Forests, having a portfolio of portfolio of sustainable timber plantations and conservation areas among others, as per the New Forest website
- €150 million - First closing of the Livelihoods Carbon Fund 3, a program aiding rural communities in preserving or restoring their natural ecosystems.
