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(株)エルエルアイ出版
〒103-0004
東京都中央区東日本橋2-27-4 靴下会館6階
TEL 03-3868-0738
FAX 03-5809-3650
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Daily News |
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Japanese |
July 13, 2023
10 Japanese companies begin operation of forestry fund jointly investing 60 billion yen / Sumitomo Forestry
Under the umbrella of SUMITOMO FORESTRY CO.,LTD. (Headquarters: Chiyoda-ku,
Tokyo; President: Toshiro Mitsuyoshi; hereinafter referred to as the Company),
Eastwood Forests, LLC (CEO: Alex Finkral), an American forest asset management
company, operates a forestry fund called Eastwood Climate Smart Forestry
Fund I. ” was established in June of this year and began operation. By
utilizing the fund system, we can appropriately manage forests on an area
and financial scale that cannot be achieved individually, increase the
CO2 absorption capacity of forests, create new CO2 absorption of approximately
1 million tons per year, and achieve high quality. Work to create and return
carbon credits. We will also enhance the value of forests as natural capital,
such as maintaining biodiversity and conserving water resources. The planned
operational period is 15 years.
[Details will be published in Housing Journal Wood Technology September
2023 issue (issue released on August 15th)
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