South Punjab Forest Company
A Public Sector Company registered under Section 42 of the Companies Act, 2017
South Punjab Forest Company (SPFC) urges media to raise awareness of forest conservation for a sustainable future
March 20, 2017: South Punjab Forest Company (SPFC) celebrated the International Day of Forests (IDF) by organizing a media briefing to sensitize the environmental journalists about the importance of forestry and the need to conserve forests for a greener Pakistan.
This year’s theme of IDF is ‘Forests and Energy’, as wood fuel provides 40 per cent of today’s global renewable energy supply and almost 900 million people, mostly in developing countries, are engaged in the wood-energy sector on a part or full-time basis.
According to Tahir Rasheed, CEO, SPFC, "Strategically placed trees in urban areas can cool the air by 2 to 8 degrees Celsius. Since Pakistan is among the top ten countries vulnerable to climate change according to Germanwatch’s latest Global Climate Risk Index 2017, it is imperative to improve forest cover so that its vulnerability to extreme weather events can reduce."
Tahir Rasheed further referred to a data (URL: http://data.worldbank.org/indicator/AG.LND.FRST.ZS) by the World Bank, according to which Pakistan’s forest cover in 1990 was 3.3 per cent which reduced to 1.9 per cent in 2015. He hoped that through SPFC’s initiative, private investments in the forestry sector will increase, which will reduce logging pressure on the existing forests, create green jobs and fill the gap between the balance of payments due to fall in wood imports.
For Press Inquiries