The State of Play for Forest Investment in 2024 with Peter D’Anieri

Show notesJoin me today as Peter D’Anieri of Sewall Forestry walks us through their 2024 Forest Investors Survey results. We discuss discount rates across different US forest investment jurisdictions and beyond to more than 40 other geographic/market-oriented regions. We also talk about the contemporary topics of climate and carbon, interest rates, and much more. This is a must-listen episode if you want to get up to speed quickly on investor sentiment across the asset class.QuoteRecognise that as an investment force, forests are unique because they're a growing asset whose investment attributes are relatively unrelated to, to all other asset classes that people conventionally invest in. Forests are a moderate return risk efficient asset when looked at from an investment perspective, and therefore they deserve to be treated like a core asset in a portfolio.Important linksSewell Forestry: https://www.sewallforestry.com/Favourite tree: Acer saccharum (sugar maple)Production teamHost: Shauna Matkovich from The ForestLinkProducer and editor: Magdalena Laas from Unscripted CreativesDetails01:41Background to Sewell and Peter03:37Investment trends in 2024, e.g., discount rates05:57Discount rate required for traditional timberland in the US06:59Major US regions and regional discount rate differential10:27Factors that can impact discount rates, including carbon agreements12:07Carbon agreements objectives13:20The difference in ESG definitions and questioning on the survey17:07Results re. ESG, sustainability and returns17:57Impact forestry investment themes18:46Surprises in results20:48Climate change risks - concerns from respondents & adjustments23:19Rising interest rate environment26:17Other jurisdictions - appetite for forest investment27:27Expansions - Australia, Chile, US29:08Compressions?31:27Generalisations re. how do these regions compare to the base US discount rate?34:24Question on the survey: do carbon projects reduce the incentives for traditional forestry?35:39Actionable advice36:44Contact detailsSound libraryNature by MaxKoMusic/SoundcloudSopwell Woodlands and Scohaboy Bog SAC, Cloughjordan, Co Tipperary, IRELAND by wild_rumpus/SoundcloudSign up now for the ForestLink’s newsletter, where you’ll receive technical advice, reflections, and best-practice guidance to support you with your forest-linked investment strategy or business straight to your inbox. Hosted on Acast. See acast.com/privacy for more information.