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Latest timber industry news, updated on Monday, Wednesday and Friday.

FAO report on forest products welcome in Australia

Australia’s forest industries have welcomed the Food and Agriculture Organization of the United Nations’ new report on forest products and the vital role they play in the global bioeconomy and climate change mitigation. Source: Timberbiz The report, Forest products in the global bioec
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New chair for FPC

Ms Debra Blaskett has been appointed as the new Chair of the Forest Products Commission (FPC). Ms Blaskett, who has served as an FPC Commissioner since June 2021, brings to the role extensive experience as both a non-executive director and senior executive working across a range of in
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Is there a sale in the wind of Forestry Corporation by NSW Government

Wind and solar farms have been earmarked for construction across hundreds of kilometres of NSW government-owned softwood forestry land under proposed changes to the state’s energy laws. Source: The Sydney Morning Herald Close to 1600 hectares of Forestry Corporation land would be made
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WA’s South West Timber Hub receives much needed funding

Western Australia’s South West Timber Hub has received a funding extension until 2025, as part of $8.9 million announced by the Federal Government. Source: Timberbiz Assistant Minister for Forestry and Fisheries Jonno Duniam and Minister for Agriculture and Northern Australia David Li
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$9m Federal boost to support forestry growth

Australia’s nine Regional Forestry Hubs have received a $9 million funding boost to support growth in the forest industries. Spread out for the next four years, the funding is part of a $10.6 million national investment which will help finance the existing forestry hubs around Austral
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Sweden’s forest data lab moves to the next phase with more funding

An additional SEK 8 million (A$1.2m) is being invested in the National Forest Data Lab, which is run by the Swedish Forest Agency and the Swedish University of Agricultural Sciences in collaboration with the forest sector and other authorities. With the help of new data, lab environme
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UN releases report on forest products in the global bioeconomy

The United Nations’ (UN) Food and Agriculture Organization (FAO) launched a report to demonstrate how renewable wood-based products can help combat climate change and achieve UN Sustainable Development Goals. Source: Timberbiz The publication Forest Products in the Global Bioeconomy:
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New Forests partners up to fight climate change in Africa

CDC Group – UK’s development finance institution, Finnfund – the Finnish Fund for Industrial Cooperation, Norfund ­­– the Norwegian Government’s investment fund for developing countries and New Forests announced an intention to partner to develop investment strategies designed to scal
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