Green Resources’ objective is to be Africa’s best plantation company and a driving force in developing the continent’s large potential for tree plantations. The company believes the world will see an increasing shortage of wood fibre at a time when higher energy and oil prices and an increased desire for renewable products will accelerate the demand for wood fibres. The global shift from northern slow growing natural forest to fast growing southern plantation forestry will continue.
Deforestation and illegal logging is increasingly viewed as unacceptable, increasing the demand for wood grown in plantations. The company will convert low-yielding grassland and degraded forest to grow the highest-yielding crops suitable for the land areas under the company’s management. The focus is on forestry, including exotic and indigenous species, but also other crops that make appropriate and profitable use of the available land. The lack of long-term investors in Africa has resulted in modest competition for land suitable for long-rotation crops and this should enable Green Resources to reap good returns.
Green Resources will diversify the species planted and the geographic locations in order to reduce the risk. At the same time, the company will conserve and expand the natural forest and other valuable vegetation within its areas of operation and will obtain FSC certification for all its forests. It will reach out to the local communities to establish Farm and Village Forest Schemes, maintaining a strong focus on sustainable development, environmental protection and social development.