en.Wedoany.com Reported - The Canadian Forest Sector Transformation Task Force has recommended that the federal government promote BDO Zone certification nationwide and prioritize it as a key action, supported by a $10 billion, 10-year forest sector transformation investment fund.
The Canadian Forest Sector Transformation Task Force is an independent body composed of eight industry leaders appointed by Minister of Energy and Natural Resources Tim Hodgson. Its mission is to explore viable pathways to restore the long-term competitiveness of Canada's forest industry.
The task force's final report noted that BDO Zone certification has played a positive role in attracting new entrants, supporting recapitalization, and helping forest communities diversify their markets, thus calling on the federal government to promote it nationwide. A BDO Zone is a certified area designed to connect local biomass and residue supplies with developers and investors in bio-based manufacturing projects. The task force believes this model helps stabilize and promote economic development within a broader innovation ecosystem.
Jordan Solomon, President and CEO of Ecostrat and Chair of the BDO Zone Initiative, stated that this recognition validates the organization's approach to reducing biomass supply chain risks. He said: "National scaling of BDO Zones will provide investors, developers, and forest communities with a common, standards-based language for biomass risk—key to unlocking capital at scale." The BDO Zone Initiative stated that it plans to collaborate with federal and provincial governments, Indigenous communities, industry, and investors to promote the certification nationwide.
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