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Sustainable forest management by B.C., Canada is paving the way for balanced solutions
As per McKinsey's report on Valuing Nature Conservation, numerous scientific studies have reported that human activity is diminishing the value that natural capital produces. For instance, deforestation contributes roughly 14% of the world's carbon emissions, hastening climate change and boosting the frequency of extreme weather events. Eventually, Scientists and decision-makers have urged for the permanent conservation of at least 30% of the planet's surface by 2030, substantially doubling nature preservation on land and in national waterways, to stop the loss of natural capital.
In this context, Mr. Pranesh Chhibber, Country Director, FII India, shares his point of view on Sustainable Forest Management and its benefits, specifically for World Nature Conservation Day.
Why is Sustainable Forest Management important?
-Sustainably managed forests aid in reducing carbon footprint, biodiversity conservation, and the protection of water resources.
-Sustainable forestry also lays an emphasis on people. People need forests for the resources they provide, and a place to live or to make a living. Sustainable forestry guarantees that there will be forests to support the needs and values of future generations.
-Consumers, architects, and designers in India and all over the world are increasingly demanding that companies demonstrate a commitment to conserving the environment when producing products.
-Heightened consumer awareness post-COVID-19 and exposure to international trends have made consumers more eco-conscious. So, now, they increasingly demand products made with legally harvested certified wood from sustainably managed forests.
Canadian Wood – Not just sustainable, but a lot more!
Canadian Wood promotes five distinct wood species in India: Western hemlock, Spruce-pine-
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