#global forestry

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INTERNATIONAL ARRANGEMENT ON FORESTS (IAF)

The 19th Session of the United Nations Forum on Forests (UNFF19) recently concluded.

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Forestry and Agricultural Tractor Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023

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A Business Profile on Global Forestry Co-Founder Andrew Skeene

Andrew Skeene co-founded Global Forestry, and in a recent interview, he shared advice for those just starting out in business, reflecting on what inspires and motivates him.

Skeene cited Richard Branson as one of his inspirations in the business world. Upon reading Branson’s biography, Losing My Virginity, Skeene was impressed by the way in which Branson had forged frontiers by thinking outside the box, pointing to Branson’s Virgin Galactic space travel programme as a hugely exciting venture.

Andrew Skeene also indicated that he was impressed by Al Gore upon reading his best-selling book, An Inconvenient Truth, which went on to spark a movie of the same name that won two Academy Awards including Best Documentary Feature. The movie version of An Inconvenient Truth became one of the top documentary films in history. An Inconvenient Truth is a commentary on the threat of global warming, discussing possible solutions. In an interview, Skeene spoke about the importance of aligning profit with green transformation, pointing out that the question is not whether renewable energy is going to thrive, but who is going to thrive with it.

Formerly, Andrew Skeene was a Director at Global Forestry, a company that he founded with his business partner Omari Bowers. Global Forestry was a sustainable, or green, company that purchased land suitable for forestation in emerging markets and then planted teak trees. The company advised investors from around the world about the opportunity to get involved in sustainable, ecologically-sound forestry – for every tree purchased, another was planted within a protected area, which will remain totally untouched and contribute towards the reforestation of decimated Brazilian rainforests.

The project was a solid long-term investment opportunity as trees that were purchased by investors were left to grow and mature. Global Forestry’s particular focus was on teak trees, which take between 20 and 25 years to mature.

Global Forestry offered its consulting services to both individual and institutional investors, many of whom had a passion for the environment. The venture was particularly suited to smaller investors seeking an ethical choice, the benefits of which may be passed on to their children and grandchildren through the reforestation of the Amazon basin, arguably one of the most important rainforests in the world.

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Past Opportunities with Omari Bowers

Omari Bowers co-founded Global Forestry, a company that he established along with business partner Andrew Skeene in 2008. Both Bowers and Skeene come from a successful entrepreneurial background in real estate development, and during the credit crunch they made the decision to leave the UK property market in search of more stable and more ethical investment opportunities. After an extensive six-month research period exploring opportunities in emerging markets, the pair settled on reforestation projects in north-east Brazil with a focus on teak plantations. Global Forestry began with the acquisition of a 1,000 hectare plot of land for the purpose of planting teak trees. Eventually, the company boasted three extensive plantations and attracted a growing number of both private and institutional clients seeking a way to diversify their investment portfolios and promote green projects.

The career of Omari Bowers began after his graduation from the University of North London, at which time he started work at JP Morgan. The financial world proved to be just a stepping stone for Bowers, who developed a passion for property development. Buying properties, renovating them and selling them at a profit proved so rewarding that Bowers left JP Morgan to found his own real estate development company. During this period, he met and formed a strong personal and professional relationship with Andrew Skeene, also a real estate developer. During the credit crunch, as the London housing market was losing value and unlikely to recover quickly, the two entrepreneurs began to explore other options.

Global Forestry was founded after an extensive research period during which Omari travelled to various emerging markets exploring ethical investment opportunities. The combined ideals of Global Forestry were to guide global investors towards stable long-term investment opportunities while at the same time give back both to the environment and the local community. Global Forestry planted plots of teak trees that were managed by local skilled agricultural workers, creating employment in poor areas of the world. Global Forestry’s workers and their families were also able to reside in affordable housing constructed by the company and also had access to education for their children. Bowers and Skeene held true to their ethical and green values, using a share of the profits of Global Forestry to provide this housing and schooling.