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Carbon capture, water filtration, other boreal forest ecoservices worth estimated $250 billion/year

Among his recommendations: all levels of government, together with industry and local communities, should develop a natural capital accounting system to reveal the total value of ecosystems and to guide land-use planning, resource management and economic development policies. It would include, among other things, a comprehensive inventory of the boreal's natural capital.

"The boreal is like a giant carbon bank account. The forests and peatlands store an estimated 67 billion tonnes of carbon in Canada alone almost eight times the amount of carbon produced worldwide in year 2000. The Canadian boreal on average absorbs and sequesters each year an additional amount of carbon worth $1.8 billion (based on figures about the price of carbon emissions created by the global insurance industry).

"Among other questions to be addressed is whether and how that contribution to global well-being by Canada and other boreal countries should be recognized by other nations," Anielski says.

The goal of the Congress, which coincides with Canada's National Forest Week (Sept. 24-30), is to advance an integrated, multi-disciplinary stewardship of forest resource management an approach that reflects a broad variety of stakeholder concerns and considerations. The theme is "Sustainable Land Management in the Boreal."

"Canada's boreal represents one-quarter of all forest in the world. Its survival depends on achieving long-term, sustainable and integrated land-use management policies and practices," says Congress Chair Barry Waito, Chairman and CEO of the Canadian Forestry Association.

"Canadians need to understand the challenges presented by highly compelling interests and values that sometimes compete, and the importance of balancing economic development, ecosystem sustainability, Aboriginal interests, and community and social values."

This year marks the centenary of the first National Forest Convention, convened by the
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Contact: Terry Collins
terrycollins@rogers.com
416-538-8712
Canadian Forest Congress
24-Sep-2006


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