Impact investors have started raising more funds to invest in the forestry sector, as devastating environmental problems caused by rising temperatures demand growing investments to reduce carbon emissions across the world.

There are 34 asset managers globally who manage $9.4bn in forestry assets. In the two years to 2019, these firms raised 10 new funds to invest in forestry or forestry-related assets, more than double the four funds raised between 2008 and 2010, according to a survey from industry group, the Global Impact Investing Network (GIIN). Investments continue to be concentrated in the hands of a few fund managers, mostly in North America and Europe.