The economic and business case for sustainable timber
Posted on 23 April 2015
As demands for sustainable forest management grow globally, there is a strengthening business case for sourcing sustainable timber, driven by regulatory and reputational risks.
Our Living Forests report research suggests that global demand for timber could triple by 2050. This startling statistic reflects the steadily growing demand for solid wood and paper products in emerging markets as population and economic growth takes place as well as increasing the use of wood as a feedstock for bioenergy.
Yet the world has already lost half of its forests, and continues to lose an area the size of England every year. Deforestation is driven by a range of factors, particularly increased use of land for agriculture - the global population will surpass 9 billion by 2050, and will require expanding food supplies by 70 per cent. At the same time, climate change will reduce crop yields in many countries, which means food, fibre and fuel will compete intensively for limited land and water resources in the future, putting increased pressure on forests.