Creating Carbon Drinking Forests

The UK is the second largest importer of timber, second only to China. We use around 50 million tonnes of timber a year which the UKs forests would find impossible to supply at current levels, in fact, less than 10% of the timber used in Britain is home-grown.

According to climate change advisers, the UK needs 1.5bn more trees in order to reach goals on carbon dioxide extraction and helping to restore natural habitats.

The Committee on Climate Change wants to see 27,000 hectares of trees planted a year by 2030, a level not seen since the 1970s, when tax breaks encouraged planting but gave the industry a poor reputation.

True North was set up by CEO, Harry Humble, to deliver investment strategies across the esg sector, looking at specific projects that provide solutions to problems faced by our society and planet. True North works as an umbrella platform for fund managers, providing fund administration, raising capital and investor relations.

CEO, Harry Humble explains how True North works and how its first fund strategy helps to deliver on the UK's carbon sequestration targets.