In this week's episode, I speak with Bettina Von Hagen, CEO, Co-Founder and Board Chair of EFM. In this conversation we talk about the unique characteristics of Pacific Northwest forests that make this region rich in opportunity for both commercial timber and an array of impact benefits. Bettina goes deep explaining some of the complex ecosystem functions at play in these forests, from migrating salmon to mycorrhizal fungi and the commercial attractiveness of most Pacific Northwest tree species. She describes the 5 R's that EFM applies to their forest management: Rotations, Retention, Reserves, Restoration and Relationships, discusses the carbon market opportunity, provides tips and tricks for making impact forestry operational, and how important active wildfire management strategies are in some of the regions EFM operates.
If you are serious about climate change, forests should be part of your portfolio. Forests - and other natural ecosystems are the way, are the important mechanism for accomplishing our climate goals over the next decade.
Ecotrust Forest Management (EFM)
Favourite trees: Western redcedar (Thuja plicata), Sitka spruce (Picea sitchensis)
Host: Shauna Matkovich - The ForestLink
Producer and editor: Magdalena Laas - Unscripted Creatives
02:27
Introduction to EFM
07:32
EMF and impact investing
09:26
5 R's of forest management: rotation, retention, reserves, restoration, relationships
14:23
Relationships with communities
16:41
Uptake of this change in silviculture approach
19:19
Others following in EMF's footsteps
22:30
How EMF monetise benefits other than carbon credits
25:33
Carry in funds structure
27:45
Investor sentiments towards forest impact strategies, and impact metrics (besides carbon)
31:43
Fire as part of natural ecosystem
33:22
Gender diversity and equality in the forestry industry, and difference in approaches
40:05
Next for EMF
41:43
Markets for ecosystem services is still very small
44:47
Actionable advice
Nature by MaxKoMusic/Soundcloud
Sopwell Woodlands and Scohaboy Bog SAC, Cloughjordan, Co Tipperary, IRELAND by wild_rumpus/Soundcloud
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