China's total forest area has increased to 195 million hectares from 134 million hectares in 1992, making a net gain of 60 million hectares within 20 years, according to a statement from the State Forestry Administration (SFA). Source: Forestry Industry Engineering Association
A multibillion-dollar investment fund set up by Russia and China is expected to make its first investment in a Russian forestry company, as economic ties between the neighboring countries grow closer. Source: Reuters
Indonesia’s change of government in the province of Aceh may cause a large Australian-owned forest-carbon project to be abandoned. Sources: The Sydney Morning Herald, The Brisbane Times, Maribyrnong Weekly
The risk of the kiwi dollar remaining higher than expected over the next four years is the biggest risk to Government forecasts for growth in the nation's farm, forestry and seafood exports, a new Government report says. Source: New Zealand Herald News
Two significant research facilities will be developed at the University of Tasmania thanks to a $5 million grant announced by the Gillard Government. Source: Timberbiz
The Institute of Foresters of Australia has released a paper titled Critique of the Work of the Independent Verification Group saying the IFA has been ignored throughout the Tasmanian Forests Intergovernmental Agreement process (IGA). Source: Timberbiz
The Future Fund-backed The Campbell Group, US-based Hancock Natural Resource Group, and Sydney-based New Forests have commenced detailed due diligence on ForestrySA. Sources: Australian Financial Review, The Stock Journal
Biomass gasification is being considered as a possible technology for converting 60 million acres of Texas brush into biofuel, according to Dr Jim Ansley, Texas AgriLife Research rangeland ecologist in the US. Source: North Texas eNews
A global provider of high-resolution earth imagery solutions announced it would significantly expand delivery of high-resolution imagery to Roslesinforg, a division of the Federal Forestry Agency of Russia. Source: Market Watch