large Corporation that manages forest to harvest trees
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A new report from the World Resources Institute (WRI) and the Nature Conservancy (TNC) found that businesses across the technology, consumer products, project management and commercial forestry sectors are making money from planting trees, with sales growing up to 10 times per year.
"The restoration economy is at the take-off stage," wrote WRI President and CEO Andrew Steer and TNC President and CEO Mark Tercek in the report, "The Business of Planting Trees: A Growing Investment Opportunity (PDF)." The note: "New business models are emerging, technology is advancing and governments are showing political will."
Businesses such as BioCarbon Engineering, which uses specialized drone technology to reforest remote landscapes, literally are taking off, melding engineering advancements to restore age-old ecosystems; while search engine Ecosia (a B Corp) contributes its profits to plant trees.
The report profiles these and 12 other businesses successfully seeding growth opportunities in the restoration economy — including tech startups, smallholder finance and timber companies — to inspire venture capital, private equity and impact investors who know little about restoration opportunities.