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FPAC: Global forestry report at COP27 highlights importance of national forest-based economies

Governments around the world are turning to the benefits of sustainable forest management and carbon-capturing forest products to support climate action and green economic development. Forest Products Association of Canada (FPAC) welcomes the launch of a new global report at the United Nations World Climate Conference (COP27) in Egypt that will help advance forestry solutions and policy dialogue in Canada and other forested nations worldwide.

The growing role of forest products in climate change mitigation & the need for nationally determined forestry approaches to achieve net zero emissions by Dalberg highlights the importance of growing national forest-based economies to help address an emerging global timber and wood fibre supply gap as demand for climate-friendly materials continues to rise.

The report, commissioned by the United Nations Food and Agricultural Organization’s (FAO) Advisory Committee on Sustainable Forest-Based Industries (ACSFI) and the International Council of Forest and Paper Associations (ICFPA), also showcases the benefits of recognizing country-specific approaches to sustainable forest management and the importance of remaining anchored on shared climate principles at an international level – clear market advantages for Canada.

“Canada has a tremendous natural and renewable resource in our forests and is a global leader in how we manage them. There is no path to a net-zero carbon economy in Canada without forestry and forest products,” said FPAC president and CEO Derek Nighbor.

“The World Business Council for Sustainable Development estimates that wood demand will grow by nearly 10% every year between now and 2030 – and that’s just due to increased demand in the global building and construction sectors. Global customers want forest products from countries that respect human rights, have zero tolerance for deforestation, and are committed to sustainable forest management. This is a clear advantage for Canada on the global stage,” Nighbor added.

Read the full report online here.

FPAC provides a voice for Canada’s wood, pulp, and paper producers nationally and internationally in government, trade, and environmental affairs. As an industry with annual revenues exceeding $75B, Canada’s forest products sector is one of the country’s largest employers operating in over 600 communities, providing 225,000 direct jobs, and over 600,000 indirect jobs across the country. Our members are committed to collaborating with Indigenous leaders, government bodies, and other key stakeholders to develop a cross-Canada action plan aimed at advancing forest health while supporting workers, communities and our environment for the long term.