The study, carried out by Cepi and supported by stakeholders from the forest-based sector, including CEPF, quantifies the “substitution effect” which consists of preventing CO2 emissions moving away from fossil-based materials, and couples it with existing data on process emissions, CO2 removed by the forest and the CO2 stored in forest products.
Peter Holmgren, the study author, presented the key findings of the study: “The results show that forests and forest-based products remove a net of 806 million tons of carbon dioxide equivalents annually. This corresponds to 20% of all fossil emissions in the European Union”. He explained that the circular bioeconomy model allows for a better calculation of the positive climate impact by considering the forests together with the circularity of the value chain.
Alfonso Gutierrez-Teira, Head of Sector for Forestry and Bioeconomy at DG AGRI, emphasized that it is crucial to align the European climate neutrality law with other planned legislation review namely LULUCF, Energy efficiency, Renewable Energy and the upcoming proposal on a new EU Adaptation Strategy. Regarding the EU Forest Strategy planned for the first quarter of 2021, he said that there are many different pressures on forest that the European Commission will need to manage when drafting the strategy. He commented that it is essential to find a balance between 1) afforestation and forest restoration, 2) forest resilience and protection, 3) sustainable forest management of all European forests, 4) building the new EU growth model and contributing to the different dimensions of the Green Deal. Finally, he concluded that the new Cepi study helps the sector contribute to the discussions and confirmed that the new EU Forest Strategy will take into account the role of the Forest-based industries
Fanny-Pomme Langue, CEPF Secretary General, highlighted that Sustainable Forest Management (SFM) is essential to contribute to the three main climate benefits of forests – Sequestration, Storage and Substitution, the three S’s. “SFM is the tool to maintain carbon sink while increasing carbon storage in EU forests and wood products and substituting fossil-based products and energy. It is also the solution to manage the growing risk and uncertainty related to natural disturbances.” she said.
Cepi Director General, Jori Ringman stressed the significance of the study results for EU policymaking: ”The radical thing about the substitution effect is that it is immediate and significant: unlike most other climate change mitigation options, increased substitution is available here and now. We need EU policies that support consumers to move from high-carbon products to low-carbon forest-based products. We need to keep fossil carbon in the ground and to make responsibly sourced bio-based raw materials more available and easier to access.”