Enviva launches forest conservation fund
by Andrew Lind – Tidewater News
Enviva, the world’s largest producer of wood pellets, announced on Thursday the establishment of the Enviva Forest Conservation Fund. The $5 million, 10-year program is designed to protect tens of thousands of acres of bottomland forests in southeast Virginia and northeast North Carolina.
“The coastal forests of Virginia are a precious natural resource, and the Enviva Forest Conservation Fund will play an important role in protecting and conserving them,” Gov. Terry McAuliffe said. “Programs such as the Enviva Forest Conservation Fund help families and other landowners keep these forests as forests for generations to come. Both our environment and our communities benefit when private industry develops and supports these types of conservation efforts.”
The fund will focus on the coastal plain region of the states, which is home to three wood pellet production facilities and a deep-water marine terminal — this includes the plant on Rose Valley Road in Southampton County and on Highway 561 in Ahoskie, North Carolina.
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