Innovative Income Opportunities for Forest Managers

As Northern forest managers have searched for new sources of revenue as paper demand has slowed and home construction has plateaued with home mortgage interest rate increases, there have been some innovative ideas discussed in associations and our forest products industry.

Recently the Southern State Foresters Group published a suggested list of “fresh ways” to generate income from their forests.

Here’s the summary list of the main products or services that are being launched or considered for funding in the largest forest products region in the U.S. as described by that group.

-Carbon credits and carbon offsets: Leveraging Forests’ Natural Role as Climate Solutions

-Biomass and Renewable Energy: Fueling a Greener Future

-Mass Timber and Cross-Laminated Timber (CLT) Revolutionizing the Construction Industry

-Forest-Based Bioproducts: Redefining Sustainability in Consumer Goods

-Payment for Ecosystem Services (PES): Rewarding the Conservation of Natural Resources:

The report from the Southern Group of State Foresters is available below:

https://southernforests.org/2024/11/11/explore-fresh-ways-to-generate-income-from-southern-forests/