Global hardwood pulp producers face higher wood fiber costs and lower pulp prices, reports the Wood Resource Quarterly. Profit margins are being squeezed for many hardwood pulp producers worldwide with higher wood fiber costs and lower product prices. The hardwood wood fiber price index (HFPI) reached a 24-year high in the 3Q/11 at the same time as hardwood pulp prices fell by 26% from June through October, reports the Wood Resource Quarterly.
The pine wood nematode (Bursaphelenchus xylophilis) has been found in a forest in Spain, just 6o kilometers from the border with Portugal. Portugal has suffered 10 years from the dreaded microscopic worm that damages and kills coniferous trees.
After a temporary drop in the 2Q, the Softwood Wood Fiber Price Index (SFPI) increased again in the 3Q to the highest level seen during the financial crises, according the Wood Resource Quarterly. The SFPI was US$99.80/odmt in the 3Q, up $1.51/odmt from the previous quarter and $6.68/odmt from the same quarter in 2009. Prices did not go up only because of a weakening US dollar against most other currencies, but also because prices in the local currencies were up in Europe, Western US and Western Canada.
Holmen awarded for environmental work
On Monday, Holmen Paper’s mill in Madrid received an award from the Autonomous Community of Madrid for its extensive environmental work. The paper mill’s management of water, recovered paper, waste products and energy resulted in Madrid’s Environment Award for 2009.
Sweden provides SEK 500 million for action against deforestation, 100 million SEK goes to the Global Environment Facility, GEF (Global Environmental Facility) and applications for sustainable forest management and in addition bilateral assistance for at least 400 million.
In beginning of May Germany announced that they would spend at least Euro 350 million (~USD 450m) of their “fast-start” climate finance on REDD+. The Oslo Climate and Forest Conference aim to launch the Interim REDD+ Partnership through the adoption of a voluntary non-legally binding partnership document. REDD + is the result of negotiations within the UNFCCC.
Spain
Sweden provides SEK 500 million for action against deforestation, 100 million SEK goes to the Global Environment Facility, GEF (Global Environmental Facility) and applications for sustainable forest management and in addition bilateral assistance for at least 400 million.
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