Economic Relief
GreenTrees Forests: A Landowners Natural Piggy Bank
We’re all familiar with the chubby pink piggy bank meant for kids. Even if you didn’t have one, the idea is rooted in our earliest economic lessons. Regardless of the type of piggy bank you had, the lesson was the same. You put money in, and it stayed there, safe and sound until you needed…
Read MoreTrue Economic Relief Through Forestry and Conservation
Conversations about job creation rarely center on forests. Yet, the forestry sector is a critical driver of economic growth worldwide – so much so that the World Bank has called it “the backbone for rural development.” Research shows that investing in afforestation and restoration projects can create short- and long-term economic prosperity. A study of the American Recovery and Reinvestment Act (ARRA) of 2009 by the National Oceanic and Atmospheric Administration (NOAA) revealed that every $1 million spent on reforestation and restoration projects creates 17 jobs. This percentage is by far the highest job creation estimate per million dollars spent of any sector.
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