On September 15th, 2021 BTG Pactual Timberland Investment Group, and The Nature Conservancy held a webinar on their new initiative to deliver conservation and climate impacts from sustainably managed North American working forests. This initiative is focused on more than US$ 850 million[1] out of TIG’s US$ 4 billion timberland portfolio.[2]
The initiative will focus on US forests, and under the agreement, TNC will serve as Conservation Advisor on nearly 530 thousand acres managed by TIG across 11 states[1] (an area more than 35 times the size of Manhattan). TIG and TNC will seek to establish science-based targets with the goal of delivering on-the-ground climate and conservation outcomes at scale. TIG will incorporate these targets with the objective of maintaining or enhancing financial performance.
[1] As of June 30, 2021; TIG.
[2] As of August 31, 2021; TIG.