Is commercial forestry next frontier for investment?

A shining gum plantation for logging. FILE PHOTO | NMG

During the just-concluded COP26, over 100 world leaders promised to end and reverse deforestation by 2030. This is one of the summit’s major deals that is in the right direction towards the achievement of net-zero carbon emission.

The pledge made to actualise the same includes almost $19.2 billion of public and private funds. Some of the pledged funds will go to developing countries to restore damaged land, tackle wildfires and support indigenous communities.

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Note: The results are not exact but very close to the actual.