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Weyerhaeuser and The Nature Conservancy Announce Joint Effort to Increase Focus on the Power of Forests to Fight Climate Change

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Weyerhaeuser Company (NYSE: WY) and The Nature Conservancy (TNC) have announced a multiyear collaboration to advance the understanding of forests' role in climate mitigation. This partnership aims to highlight the potential of climate-smart forestry in combating climate change.

Key points of the collaboration include:

  • Conducting forest research
  • Implementing greenhouse gas accounting standards
  • Developing improved carbon project methodologies
  • Shaping strategies to accelerate climate-smart forestry practices globally

TNC's research suggests that natural climate solutions could reduce or absorb up to 11 billion metric tons of greenhouse gases annually by 2030, with over 1 billion metric tons potentially coming from improved management of working forests. The collaboration seeks to grow support for a trusted carbon market and elevate research into climate-smart forestry practices.

Weyerhaeuser Company (NYSE: WY) e The Nature Conservancy (TNC) hanno annunciato una collaborazione pluriennale per approfondire la comprensione del ruolo delle foreste nella mitigazione dei cambiamenti climatici. Questo partenariato mira a evidenziare il potenziale della silvicoltura intelligente rispetto al clima nella lotta ai cambiamenti climatici.

I punti chiave della collaborazione includono:

  • Condurre ricerche forestali
  • Implementare standard per la contabilizzazione dei gas serra
  • Sviluppare metodologie migliorate per progetti di carbonio
  • Definire strategie per accelerare le pratiche di silvicoltura intelligente rispetto al clima a livello globale

Le ricerche del TNC suggeriscono che le soluzioni naturali per il clima potrebbero ridurre o assorbire fino a 11 miliardi di tonnellate metriche di gas serra ogni anno entro il 2030, con oltre 1 miliardo di tonnellate che potrebbero provenire da una gestione migliorata delle foreste produttive. La collaborazione mira a sostenere un mercato del carbonio affidabile e a elevare la ricerca nelle pratiche di silvicoltura intelligente rispetto al clima.

Weyerhaeuser Company (NYSE: WY) y The Nature Conservancy (TNC) han anunciado una colaboración de varios años para avanzar en la comprensión del papel de los bosques en la mitigación del clima. Esta asociación tiene como objetivo resaltar el potencial de la silvicultura inteligente frente al clima en la lucha contra el cambio climático.

Los puntos clave de la colaboración incluyen:

  • Realización de investigaciones forestales
  • Implementación de estándares de contabilidad de gases de efecto invernadero
  • Desarrollo de metodologías mejoradas para proyectos de carbono
  • Definición de estrategias para acelerar las prácticas de silvicultura inteligente frente al clima a nivel mundial

La investigación del TNC sugiere que las soluciones naturales para el clima podrían reducir o absorber hasta 11 mil millones de toneladas métricas de gases de efecto invernadero anualmente para 2030, con más de 1 mil millones de toneladas potencialmente provenientes de la mejora en la gestión de bosques productivos. La colaboración busca fomentar un mercado de carbono de confianza y elevar la investigación en prácticas de silvicultura inteligente frente al clima.

웨이어하우저 회사 (NYSE: WY)자연 보호 협회 (TNC)가 기후 완화를 위한 숲의 역할에 대한 이해를 증진하기 위한 다년간의 협력을 발표했습니다. 이 파트너십의 목표는 기후 변화에 대응하는 기후 스마트 산림 경영의 잠재력을 강조하는 것입니다.

협력의 주요 사항은 다음과 같습니다:

  • 숲 연구 수행
  • 온실가스 회계 기준 구현
  • 개선된 탄소 프로젝트 방법론 개발
  • 전 세계적으로 기후 스마트 산림 경영 관행을 가속화하기 위한 전략 수립

TNC의 연구에 따르면, 자연 기후 솔루션은 2030년까지 연간 최대 110억 미터톤의 온실가스를 줄이거나 흡수할 수 있으며, 그 중 10억 미터톤 이상은 생산 숲의 개선된 관리에서 나올 수 있습니다. 이 협력은 신뢰 할 수 있는 탄소 시장에 대한 지원을 증대하고 기후 스마트 산림 경영 관행에 대한 연구를 향상시키고자 합니다.

Weyerhaeuser Company (NYSE: WY) et The Nature Conservancy (TNC) ont annoncé une collaboration pluriannuelle pour faire progresser la compréhension du rôle des forêts dans l'atténuation du climat. Ce partenariat vise à mettre en lumière le potentiel de la foresterie intelligente face au climat pour lutter contre le changement climatique.

Les points clés de la collaboration incluent :

  • Réalisation de recherches forestières
  • Implémentation de normes de comptabilisation des gaz à effet de serre
  • Développement de méthodologies améliorées pour les projets de carbone
  • Élaboration de stratégies pour accélérer les pratiques de foresterie intelligente face au climat à l'échelle mondiale

Les recherches de TNC suggèrent que les solutions climatiques naturelles pourraient réduire ou absorber jusqu'à 11 milliards de tonnes métriques de gaz à effet de serre chaque année d'ici 2030, dont plus de 1 milliard de tonnes pourraient provenir d'une gestion améliorée des forêts productives. La collaboration vise à accroître le soutien à un marché du carbone fiable et à élever la recherche sur les pratiques de foresterie intelligente face au climat.

Weyerhaeuser Company (NYSE: WY) und The Nature Conservancy (TNC) haben eine mehrjährige Zusammenarbeit angekündigt, um das Verständnis der Rolle von Wäldern bei der Minderung des Klimawandels voranzutreiben. Diese Partnerschaft zielt darauf ab, das Potenzial der klimafreundlichen Forstwirtschaft im Kampf gegen den Klimawandel hervorzuheben.

Wichtige Punkte der Zusammenarbeit umfassen:

  • Durchführung von Forschungsarbeiten im Bereich der Forstwirtschaft
  • Implementierung von Standards zur Bilanzierung von Treibhausgasen
  • Entwicklung verbesserter Methoden für Kohlenstoffprojekte
  • Entwicklung von Strategien zur Beschleunigung klimafreundlicher Forstwirtschaftspraktiken weltweit

Die Forschung von TNC legt nahe, dass natürliche Klimaschutzlösungen bis 2030 jährlich bis zu 11 Milliarden Tonnen Treibhausgase reduzieren oder absorbieren könnten, wobei über 1 Milliarde Tonnen potenziell aus einer verbesserten Bewirtschaftung von Produktionswäldern stammen könnten. Die Zusammenarbeit zielt darauf ab, die Unterstützung für einen vertrauenswürdigen Kohlenstoffmarkt zu stärken und die Forschung zu klimafreundlichen Forstwirtschaftspraktiken zu fördern.

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Collaboration will highlight and advance the role of climate-smart forestry in mitigating climate change

SEATTLE, Sept. 17, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) and The Nature Conservancy (TNC) today announced a multiyear collaboration to further the scientific understanding of how forests and forest products contribute to climate mitigation. The joint effort brings together one of the world's largest private owners of timberlands with one of the world's largest conservation organizations to increase the positive impact of forests in mitigating climate change.

TNC pioneered research quantifying nature's full ability to absorb and store carbon and provide a scalable and readily available opportunity to mitigate climate change. These natural climate solutions can help protect, better manage and restore forests and other ecosystems to reduce or absorb 11 billion metric tons of greenhouse gases per year — up to one-third of what's needed by 2030 to limit global warming to 1.5°C above pre-industrial levels. Over 1 billion metric tons of that potential could come from improved management of working forests.

"Working forests are one of the most readily available opportunities we have right now for scaling the global response to climate change," says Ara Erickson, vice president of corporate sustainability at Weyerhaeuser. "We're excited to be supporting TNC's important work and look forward to collaborating on science-based initiatives that increase the contributions of forests as natural climate solutions, while also benefitting the environment and the people and communities who rely on these ecosystems."

Over the next several years, Weyerhaeuser and TNC will collaborate on forest research; implement standards and frameworks for greenhouse gas accounting; support the development of improved carbon project methodologies; and help shape strategies that accelerate the adoption of climate-smart forestry practices worldwide, including expansion and refinement of existing forest-based climate solutions, and developing new programs that incorporate a wider set of potential practices, geographies and forest types.

"Businesses are essential stakeholders in creating a sustainable future, and collaborations such as the one we're embarking on with Weyerhaeuser provide important opportunities to expand research possibilities and accelerate scientific progress," says Peter Ellis, global director of NCS science at TNC. "We're optimistic that our work together can be an example of how different stakeholders can come together to identify best practices, harness evolving solutions and protect the natural world."

Both Weyerhaeuser and TNC believe climate commitments are necessary to mobilize support for natural climate solutions, and that market approaches can help unlock the potential of managed forests to sequester more carbon, boost private-sector investment in rural communities and help keep forests as forests. To that end, a shared goal is to grow support for a trusted and transparent carbon market, built around high-quality greenhouse gas accounting and high-integrity forest carbon projects using rigorous, scientific methodologies. The collaboration additionally seeks to elevate research into climate-smart forestry practices and the carbon storage potential of forests with diverse tree species.

Learn more about how both organizations are prioritizing nature-based climate solutions:

ABOUT THE NATURE CONSERVANCY
The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world's toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at an unprecedented scale, providing food and water sustainably and helping make cities more sustainable. The Nature Conservancy is working to make a lasting difference around the world in 77 countries and territories (41 by direct conservation impact and 36 through partners) through a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit nature.org or follow @nature_press on X.

ABOUT WEYERHAEUSER
Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900 and today owns or controls approximately 10.5 million acres of timberlands in the U.S., as well as 14 million acres of timberlands managed under long-term licenses in Canada. Weyerhaeuser has been a global leader in sustainability for more than a century and manages 100 percent of its timberlands on a fully sustainable basis in compliance with internationally recognized sustainable forestry standards. Weyerhaeuser is also one of the largest manufacturers of wood products in North America and operates additional business lines around real estateclimate solutions, energy and natural resources, among others. In 2023, the company generated $7.7 billion in net sales and employed approximately 9,300 people who serve customers worldwide. Operated as a real estate investment trust, Weyerhaeuser's common stock trades on the New York Stock Exchange under the symbol WY. Learn more at www.weyerhaeuser.com.

For more information contact:
AnalystsAndy Taylor, 206-539-3907
Media – Nancy Thompson, 919-861-0342

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/weyerhaeuser-and-the-nature-conservancy-announce-joint-effort-to-increase-focus-on-the-power-of-forests-to-fight-climate-change-302250921.html

SOURCE Weyerhaeuser Company

FAQ

What is the purpose of the collaboration between Weyerhaeuser (WY) and The Nature Conservancy?

The collaboration aims to further scientific understanding of how forests and forest products contribute to climate mitigation, focusing on increasing the positive impact of forests in fighting climate change through climate-smart forestry practices.

How much greenhouse gas reduction potential do natural climate solutions offer, according to The Nature Conservancy's research?

The Nature Conservancy's research suggests that natural climate solutions can help reduce or absorb up to 11 billion metric tons of greenhouse gases per year by 2030, which is up to one-third of what's needed to limit global warming to 1.5°C above pre-industrial levels.

What specific activities will Weyerhaeuser (WY) and The Nature Conservancy undertake in their collaboration?

The collaboration will involve forest research, implementing greenhouse gas accounting standards, supporting the development of improved carbon project methodologies, and shaping strategies to accelerate the adoption of climate-smart forestry practices worldwide.

How does Weyerhaeuser (WY) plan to contribute to climate change mitigation through this partnership?

Weyerhaeuser plans to support The Nature Conservancy's research, collaborate on science-based initiatives, and work towards increasing the contributions of forests as natural climate solutions while benefiting the environment and communities relying on forest ecosystems.

What is the potential impact of improved management of working forests on greenhouse gas reduction?

According to the press release, over 1 billion metric tons of greenhouse gas reduction potential could come from improved management of working forests, as part of the broader natural climate solutions approach.

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