The Managing Risk and Uncertainty workstream recognises the problems forest growers and managers face around an uncertain future, due to socioeconomic and climatic changes.
Radiata pine forestry is focused on one species with one primary market. We aim to deliver an understanding of the risks as a first step in risk mitigation, and to develop tools to manage risks, allowing for increased productivity and profitability in an uncertain future.

Our aim is to apply innovative and integrated approaches to increase the capability of forest owners/forestry sector to manage future risks and uncertainties, contributing to the resilience of forest plantations in New Zealand. We will do this by:

  • applying portfolio approaches to manage risk
  • developing frameworks for future-proofing forests through adaptive management
  • producing tools and frameworks to anticipate climate threats and social risk.

In 2024-2026, work under the Managing Risk and Uncertainty research area will focus on the following:

  • expanding the application of the quantitative portfolio framework by establishing a pilot case study and assessing the impacts of product/market diversification under future climate change scenarios
  • developing tools and frameworks that incorporate adaptive management responses to evolving climatic and socio-economic risks and uncertainty
  • evaluating and benchmarking socially responsible investment schemes (e.g., corporate social responsibility, credence attributes of timber products) as part of the overall portfolio approach to forest management.

Resilient Forests News

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