The Future of Forestry Investment
New Forests convened a one-day conference on The Future of Forestry Investment in Sydney, Australia on 22 October 2015 as part of our 10-year anniversary celebrations. With more than 200 participants from around the world, the conference convened investors, conservation leaders, and representatives from across the forest sector to explore the opportunities and key themes emerging in the forestry investment and conservation finance.
We thank all of our speakers, participants, and guests for joining us, and for those who weren’t able to join the event in person, we hope you will enjoy the video sessions of the featured keynotes and conference panel sessions.
Reflections on New Forests – Conference Opening by David Blood, Senior Partner, Generation Investment Management
Outlook for the Forestry Asset Class – David Brand, CEO, New Forests
New Forests’ CEO shares his views on how the forestry asset class has evolved over the past decade, reflects on some of the lessons learned from his 10 years as New Forests’ CEO, and considers the trajectory of the forest sector moving forward.
How Do Investors See the Forest Sector? – Panel Discussion
A panel of experienced institutional investors debates the role of forestry assets in a diversified portfolio. What is the view of timberland assets in portfolio allocation policy and how has the asset class performed? What are investment trends related to funds, separate accounts, permanent capital vehicles, and other investment structures? What are the geographies, market trends, and investment strategies that will meet investor needs over the coming years? How do sustainability and ESG influence forestry
mandates and management?
• Marta Jankovic – Senior Sustainability Specialist, Head of ESG Integration Alternatives, APG Asset Management
• Geoff Rose – Head of Agribusiness NSW, NAB
• Anders Strömblad – Head of External Management, AP2
• Wendelin von Gravenreuth – Manager Global Forest Investments, MEAG MUNICH ERGO Asset Management GmbH
Moderated by Radha Kuppalli – Executive Director, Investor Services, New Forests
Forestry Investment Opportunities – Panel Discussion
A panel of active timberland investors shares their views on the investment opportunities and trends—including potential for ground-breaking disruptions—in forestry investment. Hear from investors operating in North America, Latin America, Australia, New Zealand, and Southeast Asia on key issues in timberland, such as primary vs. secondary markets, how investors view greenfield timber plantation development, regional diversification strategies, conservation approaches to investment, and the outlook for discount rates and return expectations.
• Charl Pienaar – Non-executive Director, New Forests
• Gerrity Lansing – Head of Timberland Investment Group, BTG Pactual
• Bettina von Hagen – CEO, Ecotrust Forest Management
Moderated by David Shelton – Director, Investments, New Forests
Asia Pacific Forestry Markets – Panel Discussion
A panel comprising experts in Asia-Pacific timber markets discusses the current status of the region’s wood production and consumption with a view toward implications for investment across Australia, New Zealand, and the Asia-Pacific region. What are the trends investors should understand and how do they influence acquisitions and asset management strategies?
• Bob Flynn – Director International Timber, RISI
• Bryan Hayes – CEO, Forico
• Nick O’Brien – Director, Investment Analytics, New Forests
• Ian Tyson – CEO, Timberlink Australia & Timberlink New Zealand
Moderated by Matthew Crapp – Associate Director, Operations, New Forests
Ecosystems, Communities, and Finance – Michael Jenkins, President and CEO, Forest Trends
Conservation finance is growing at a rate of more than 25% per annum, including opportunities across the production of sustainable fibre, fuel, and food as well as direct investments into the conservation and restoration of ecosystems. The President and CEO of Washington DC based NGO Forest Trends shares the latest developments in forest carbon finance and his views on the role of conservation-oriented finance in restoring and protecting ecosystem services and benefitting communities and livelihoods.
Challenges and Opportunities in Conservation Investment – Panel Discussion
Conservation finance practitioners and leaders in environmental markets will respond to the previous talk with their experience and views on the use of private capital to achieve conservation outcomes. The panelists will also debate opportunities and business models in conservation finance, including the role of science, technology, and government policy.
• Joshua Bishop – National Manager, Markets, Sustainability, and Business Partnerships, WWF Australia
• Richard Burrett – Partner, Earth Capital Partners LLP; Fellow, University of Cambridge Institute for Sustainability Leadership
• Harris Sherman – Senior Counsel, Arnold & Porter LLP; former Undersecretary for Natural Resources and the Environment, US Department of Agriculture
• Brian Shillinglaw – Director, Investments & Operations, New Forests
Moderated by Sarah Clawson – Manager, Investor Relations, New Forests
Investing for Sustainable Development in Asia – Vincent Perez, CEO, Alternergy; former Minister of Energy, Philippines; Chairman of WWF Philippines
What does a sustainable future look like for the emerging economies of Asia? What is the appropriate role for private sector capital, and how do you find balance in governance, government relations, community engagement, and economic viability? Vince Perez shares experiences from his diverse roles in the private sector, government, and civil society on how to transact effectively in emerging markets while managing exposure to environmental issues, community development needs, land rights and tenure issues, and a range of governance factors.
Perspectives on Investing in Asian Forestry – Panel Discussion
What does it take to invest successfully in the Asian forest sector? This panel provides diverse perspectives focusing on both opportunities and risks across greenfield development, private equity and transaction structures, silvicultural opportunities, forest management, and ESG issues across the region.
• Glen Samsa – Managing Director, Plantation Management Partners
• Geoffrey Seeto – Managing Director, New Forests Asia
• James Bullen – Associate Director, Investments & Operations, New Forests
Moderated by Kym Hooper – COO, New Forests
The How and Why of Sustainable Investment – David Blood, Senior Partner, Generation Investment Management
David Blood addresses the rising influence and practice of sustainable investment in the context of global imperatives around climate, resource use, population growth, and consumption. How can the investment case drive sustainable outcomes?
Transforming Landscapes through Investment: Creating Shared Value – Panel Discussion
What does the concept of creating shared value mean in the forest sector and conservation markets? Panelists will explore examples of shared value from various regions and geographies and debate the role for institutional investment to drive shared value models that support both financial returns and provide solutions to environmental and societal challenges.
• Sally Collins – Forestry Consultant; Former Director of the US Office of Environmental Markets
• Olof Johansson – Director of Forestry and Environment, Sveaskog
• MaryKate Bullen – Associate Director, Sustainability & Communications, New Forests
• John Tobin-de la Puente – Global Head of Sustainability, Credit Suisse
Moderated by Zeb Rice – Co-founder and Managing Partner, Angeleno Group