ECOFORESTS ASSET MANAGEMENT


Associated tags: Carbon, NOAA, Canadian Chamber of Commerce in Shanghai, Commerce, Health, Burns, Weather, Ackerman, Forestry, Hancock, Sustainable forest management, Government, National Transitional Council, Forest, Fire, Wildfire, National Oceanic and Atmospheric Administration, Renewable energy

Locations: CANADA, COSTA RICA

Managed Forests Prevent Wildfires

Retrieved on: 
Monday, August 21, 2023
Carbon, Hancock, National Oceanic and Atmospheric Administration, Wildfire, Fire, Forest, National Transitional Council, Government, Sustainable forest management, Forestry, NOAA, Investment, Risk, Ackerman, Weather, Burns, Health, Commerce, Canadian Chamber of Commerce in Shanghai, Renewable energy

TORONTO, Aug. 21, 2023 /PRNewswire/ -- Michael Ackerman, CEO of EcoForests Asset Management, Canadian-based asset management firm focused on sustainable forestry, says broad adoption of forestry management programs can prevent uncontrolled wildfires, mitigating the scope and scale of damages incurred during periods of drought.

Key Points: 
  • "Managed forests can eliminate uncontrolled wildfires, preserve and protect natural watersheds, and enhance our ability to sequester carbon."
  • Sustainable forest management maintains the health and well-being of forests and their watersheds by way of consistent care and monitoring to mitigate risks from natural hazards, including wildfires.
  • Managed forests are cleared of thick undergrowth that dries and ignites quickly in periods of drought.
  • According to the Hancock Timber Resource Group, managed forests face less than 1% loss from fires and provide impactful investment opportunities for governments, private investors, and businesses alike.