Why forests play a central role
Scientists reinforce the value of forests as the largest natural climate solution1, with an estimated carbon sink potential of up to 205 billion tons2 (equivalent to 66% of all anthropogenic carbon emissions3). Currently, the potential of forests remains unrealized.
How forest economy and related markets work today
The market for sustainable forest products and commodities is not adequately developed to attract the capital needed to grow and transform forests into high potential, biodiverse carbon sinks. The services provided by forests, such as storing CO2 or improving water quality, are not sufficiently rewarded by the market today. Accessing carbon markets is not possible for all types and sizes of forests and the process is complex, time-consuming and costly. Low-cost data interpretation and monitoring systems to inform investors are not available at scale.
As a result, there is not enough growth of environmentally sound forests at a time when this growth is critical.
1Griscom et al 2017, PNAS – Natural Climate Solutions 2 S. L. Lewis, E. T. A. Mitchard, C. Prentice, M. Maslin, B. Poulter, Comment on “The global tree restoration potential”. Science 366, eaaz0388 (2019). 3 J.-F. Bastin, Y. Finegold, C. Garcia, D. Mollicone, M. Rezende, D. Routh, C. M. Zohner, T. W. Crowther, The global tree restoration potential. Science 365, 76–79 (2019).