Forest Invest

Forest Invest

By Shauna MatkovichBusinessEducationInvesting
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Forest Invest episodes

  • From the Vault: Multilateral Investment in Forestry - with Daniel Farchy

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    World Bank Group - International Development, Poverty and Sustainability

    International Finance Corporation (IFC)

    Homepage | European Investment Bank


    In this episode from the asset vault, I’m joined by Daniel Farchy, an expert in multilateral finance who has worked across the World Bank, the International Finance Corporation (IFC), the European Investment Bank (EIB), and the Green Climate Fund (GCF). In this conversation, Daniel describes the development and impact mandate behind most multilateral finance institutions. We talk about blended finance (particularly what structure works well for forestry) and the power of concessional capital to crowd in more risk-averse investors. Daniel explains the conundrum of the finance available in capital markets compared to the relatively small need for climate and nature solutions – where legally restricted allocations mean the finance pool is not as big as we think. We discuss the heavy lifting that multilateral or DFI finance can do in screening and due diligence. Conversely, this can also be perceived as a downside, as the investment process in such a partnership takes more time.


    Quote: For asset owners, that's [forest investment] very attractive because if you're a pension fund, and you need to be able to deliver, a boring, steady, predictable return over 10 number of years, it's great to have that kind of thing in your portfolio because that gives you a certain degree of sustainability of return, which you will not get in much more volatile sectors.


    00:00 – Introduction & Guest Background

    03:30 – Understanding Multilateral Development Finance Institutions

    07:05 – Returns, Capital Structure & Investment Mandates

    09:50 – How to Partner with Multilateral Investors

    12:00 – Due Diligence, Safeguards & Approval Processes

    17:20 – Blended Finance Explained

    19:35 – First-Loss Capital & Risk-Sharing Structures

    23:30 – The Limits of De-Risking Capital

    26:30 – Capital Allocation Trends in Climate & Nature

    28:30 – Public-Private Partnerships: Opportunities & Challenges

    34:30 – Do DFIs Slow Down Investment?

    36:30 – The Untapped Potential of Sustainable Forestry

    38:00 – Advice for Fund Managers Seeking DFI Capital

    40:00 – Why Forestry Appeals to Long-Term Investors

    41:40 – Future Demand for Wood & Forest Products

    42:25 – Closing Remarks & Further Resources


    Founding Director and Host: Shauna Matkovich - The ForestLink

    Producer and Editor: Magdalena Laas - Unscripted Creatives


    Nature by MaxKoMusic/Soundcloud

    Sopwell Woodlands and Scohaboy Bog SAC, Cloughjordan, Co Tipperary, IRELAND by wild_rumpus/Soundcloud

    Ambient Documentary by Sound Guru (Pixabay)

    Sign 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.

    44 min
  • From the Vault: Technical considerations for evaluating forest assets with Dr. Colin Smith

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    [email protected]


    In this episode from the asset vault, I'm joined by Dr. Colin Smith of Paperbark Consulting. Colin is an expert soil scientist, and in this conversation he shares his vast experience in plantation forestry, giving insights that will support investors (and forest managers for that matter) with what considerations should be made and questions should be asked when evaluating several technical plantation management factors. We talk about where certain tree species do best and get into specifics on soil, water, climate, the importance of research, ecological deserts and more.


    "The most dangerous thing in a forestry investment plan is a spreadsheet"

    00:08 Introduction & Guest Overview

    00:43 Colin Smith’s Forestry Background and Consulting Work

    05:37 Lessons from Forestry Failures and Investment Due Diligence

    08:50 Key Factors in Evaluating Plantation Forest Investments

    13:07 Site-Level Management, Silviculture & Weed Control

    15:25 Native Species vs Commercial Plantation Species

    17:33 Eucalyptus, Water Use & Sustainability Myths

    22:41 Does Irrigation Make Sense in Forestry?

    30:12 Climate Change, Species Selection & Risk Management

    35:55 Why Forestry Projects Need Research & Development Trials

    39:02 Biodiversity, Soil Health & the ‘Ecological Desert’ Debate

    43:21 Colin’s Top Advice for New Forest Investors

    44:34 How to Contact Colin Smith

    45:34 Colin’s Favourite Tree Revisited

    46:26 Closing Remarks & Outro


    Founding Director and Host: Shauna Matkovich - The ForestLink

    Producer and Editor: Magdalena Laas - Unscripted Creatives


    Nature by MaxKoMusic/Soundcloud

    Sopwell Woodlands and Scohaboy Bog SAC, Cloughjordan, Co Tipperary, IRELAND by wild_rumpus/Soundcloud

    Ambient Documentary by Sound Guru (Pixabay)

    Sign 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.

    47 min
  • Sustainability at Scale in Forest Ownership - with Ara Erickson

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    Weyerhaeuser


    Today, I’m joined by Ara Erickson, Vice President of Corporate Sustainability at Weyerhaeuser. In this conversation, Ara explains how one of the world’s largest private forest landowners approaches sustainability across more than 20 million acres of managed forests in the US and Canada. We discuss the evolution of sustainable forestry over the past century, the realities of managing forests for multiple values, and why healthy, actively managed forests are critical for climate resilience and wildfire mitigation. Ara shares insights into timber REIT structures, forest certification, carbon markets, renewable energy opportunities, and the growing role of forests in delivering climate and nature solutions. We also explore the future of wood as a sustainable building material and the increasing importance of integrating environmental, social, and financial outcomes in forest investment strategy.


    “I think there is still yet a full recognition of how hard it is to manage for multiple values. Forests are being asked to provide so many solutions at once, and all of those values are fully integrated — they can’t really be separated.”


    00:00 – Introduction & Meet Ara Erickson

    01:58 – Weyerhaeuser's History & Legacy

    06:23 – Weyerhaeuser's Forest Holdings

    10:54 – Beyond Timber: Additional Revenue Streams

    12:18 – Understanding the Timber REIT Model

    18:33 – Sustainability in a Public Company

    27:24 – The Evolution of Sustainable Forestry

    33:16 – Wildfire, Forest Health & Forest Management

    41:03 – Weyerhaeuser's Sustainability Initiatives

    46:02 – The Future of Forestry & Sustainability

    50:43 – Advice for New Forest Investors

    52:11 – Final Thoughts & Resources


    Founding Director and Host: Shauna Matkovich - The ForestLink

    Producer and Editor: Magdalena Laas - Unscripted Creatives


    Nature by MaxKoMusic/Soundcloud

    Sopwell Woodlands and Scohaboy Bog SAC, Cloughjordan, Co Tipperary, IRELAND by wild_rumpus/Soundcloud

    Ambient Documentary by Sound Guru (Pixabay)

    Sign 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.

    54 min
  • From the Vault: An Institutional Investor’s Approach to Forest Investment - with Jasper Renk of MEAG

    From the Vault - Jasper Renk


    MEAG

    MEAG on LinkedIn

    Jasper Renk on LinkedIn

    Favourite trees: Spruce


    In this rerun, I’m joined by Jasper Renk, Senior Investment Manager for Illiquid Assets in Natural Capital at MEAG. In this advice-packed episode, Jasper shares MEAG’s 15-year experience in investing in Timberland. He explains the most critical determining factors in deciding MEAG’s forest investment jurisdictions and describes how the organisation is well equipped to address climate risks, sitting on 140 years of climate data. Jasper shares his thoughts on how to house your forest investment and sheds light on why forest investment isn’t the most suitable for debt instruments. We talk about sustainability and how it is a core tenant of how they invest, emphasising that prioritising sustainability reduces risk and secures return expectations.


    QuoteSo what I'm getting at is that for us to retain the environmental functions and to retain a functioning ecosystem, that then. in turn, provides a renewable resource such as roundwood to the market – to retain that even in changing climates. It's not something that we must balance against return, but that ensures that in 10,20, 50, 100 years, we will still be able to provide that resource to the market. This is kind of the difference maybe in our thinking as opposed to some other market participants.Essentially, it goes hand in hand.


    Production team

    Host: Shauna Matkovich - The ForestLink

    Producer and editor: Magdalena Laas - Unscripted Creatives



    Details

    01:02

    Background to MEAG & Jasper

    04:06

    Decision to move into timberland investments

    05:11

    MEAG's perception of timberland allocation performance

    07:58

    Shift in how assets are housed in portfolio

    10:51

    Learning curve for institutional investor

    12:52

    Risk-reduced way to gain exposure

    13:44

    Best instrument to get started (and trajectory)

    16:33

    Risk return profile of MEAG

    19:22

    Operational side of owned forest assets

    22:57

    Functioning transactional market

    24:38

    Investment vehicles, e,g. debt instruments

    27:45

    Sustainability

    32:00

    Sustainability objectives

    34:28

    Beneficiaries stand on sustainability

    39:08

    Actionable advice

    39:50

    Contact details


    Sound library

    Nature by MaxKoMusic/Soundcloud

    Sopwell Woodlands and Scohaboy Bog SAC, Cloughjordan, Co Tipperary, IRELAND by wild_rumpus/Soundcloud



    Sign 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.

    41 min
  • Generation Forest with Andreas Eke

    DISCLAIMER: This podcast is not an endorsement for this opportunity, nor is it an investment recommendation or investment advice.


    Send an email to [email protected] to learn how to apply


    Watch on You Tube

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    Generation Forest

    Generation Forest on LinkedIn


    The Ask: $25M USD to acquire land in Panama and establish more permanent, productive biodiverse forests in Panama


    Today on Pitch Pod, I’m joined by Andreas Eke, CEO of Generation Forest Invest. In this conversation, Andreas presents Generation Forest’s approach to building permanent, productive, biodiverse forests in Panama through a combination of land acquisition, native species reforestation, carbon finance, and long-term timber management. We discuss how the model is designed to generate returns from both timber and premium-priced carbon credits, while restoring degraded cattle land into permanent forest assets. Andreas explains the organization’s cooperative and institutional investment structures, the role of carbon pre-sales in financing expansion, and the strategy behind building a 50,000-hectare forest corridor supporting biodiversity, watershed protection, and rural livelihoods. We also explore the operational realities of managing mixed-species forestry, land acquisition due diligence, and why biodiversity and permanence may become increasingly important drivers of long-term forest value.


    Founding Director and Host: Shauna Matkovich - The ForestLink

    Producer and Editor: Magdalena Laas - Unscripted Creatives


    Sound Library

    Ecology-Agriculture-Environment via Pixabay

    Sign 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.

    1 hr 1 min
  • TRAILER Pitch Pod: Forest Investment Opportunities & Nature-Based Solutions Pitches

    www.youtube.com/@Resources_TheForestLink

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    Pitch Pod is the new spin-off from Forest Invest, hosted by Shauna Matkovich, showcasing investment-ready forest and nature-based solutions opportunities.

    Each episode features a project pitch followed by a practical Q&A exploring strategy, impact, scalability, and commercial potential, giving investors, founders, and practitioners a behind-the-scenes look at real-world nature finance deals.


    New episodes drop alongside Forest Invest, with video versions available on YouTube.


    Pitch Pod is an awareness platform only and does not provide investment advice or endorsements.


    Founding Director and Host: Shauna Matkovich - The ForestLink

    Producer and Editor: Magdalena Laas - Unscripted Creatives


    Sound Library

    Ecology-Agriculture-Environment via Pixabay


    Sign 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.

    3 min
  • How Symbiosis is Building Demand for High-Integrity Forest Carbon

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    Symbiosis Coalition


    Today, I’m joined by Julia Strong, founder and executive director of Symbiosis Coalition. In this conversation, Julia explains how buyer-led demand can help scale high-integrity forest carbon projects and mobilize capital into nature-based carbon removal. We talk about the role of long-term offtake agreements, the quality criteria Symbiosis uses to evaluate developers, and the common reasons projects fall short in the RFP process. Julia also shares what investors and project developers need to understand about readiness, benefit sharing, and the future of forest carbon as an investable asset class.


    “Carbon finance is one of the most promising tools that we have in our toolkit to mobilize billions of dollars for nature, climate, and people. It hasn’t yet lived up to its potential, and that was a key reason for starting Symbiosis.”


    00:13 Introduction to Forest Invest

    00:34 Julia Strong’s favourite tree

    01:21 Julia’s background and the launch of Symbiosis

    03:13 Sending a clear demand signal for high-integrity carbon removals

    04:17 The four core components of Symbiosis

    05:20 Unlocking capital through buyer confidence and quality

    07:17 The 20 million ton commitment by 2030

    09:42 What makes a developer a good fit for Symbiosis

    12:17 How developers can access the Symbiosis RFP

    14:42 The chicken-and-egg problem in project finance

    17:03 Symbiosis quality criteria and project evaluation

    24:01 How the RFP process can help shape the market

    25:23 Symbiosis’ role after offtake agreements

    26:39 Common reasons projects do not advance

    31:01 Why pilots and local track records matter

    32:16 Bridge capital and the valley of death

    35:01 How long the diligence process can take

    37:53 Living Carbon and Mombak project examples

    41:27 Building a diversified carbon removal portfolio

    43:47 How to accelerate buyer demand

    47:09 What is next for Symbiosis

    48:00 Advice for new forest investors

    49:28 Where to learn more about Symbiosis

    49:57 Closing thoughts from Shauna Matkovich


    Founding Director and Host: Shauna Matkovich - The ForestLink

    Producer and Editor: Magdalena Laas - Unscripted Creatives


    Nature by MaxKoMusic/Soundcloud

    Sopwell Woodlands and Scohaboy Bog SAC, Cloughjordan, Co Tipperary, IRELAND by wild_rumpus/Soundcloud

    Ambient Documentary by Sound Guru (Pixabay)

    Sign 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.

    51 min
  • How BIOFIN is tackling the biodiversity finance gap

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    BIOFIN


    Today, I’m joined by Abbie Trinidad, Anabelle Plantilla, and Niran Nirannoot from the Biodiversity Finance Initiative (BIOFIN), a UNDP-led programme now active in 131 countries. In this conversation, we explore how BIOFIN is tackling the biodiversity finance gap through practical ecotourism and conservation finance models in the Philippines and Thailand. We discuss community-led approaches in Sibalom Natural Park, tourist user charges and coral reef restoration on Koh Tao, and mangrove conservation in Phetchaburi. Along the way, we examine what it takes to attract private sector interest into biodiversity projects, the importance of policy and local institutions, and why conservation is increasingly an economic issue as much as an environmental one.


    "Conservation is not just an environmental issue, it is actually an economic one" - Anabelle


    00:05 – Intro & BIOFIN guests

    00:36 – Favourite trees (icebreaker)

    01:48 – What is BIOFIN?

    05:53 – Why private investment matters

    07:56 – Biodiversity investment opportunities

    09:13 – Philippines: Sibalom Natural Park

    12:11 – Community ecotourism model

    18:36 – Early biodiversity outcomes

    23:15 – Carbon credits & policy gaps

    29:24 – Thailand: Koh Tao case

    32:29 – Tourist fee & fintech system

    39:00 – Impact: waste & coral recovery

    42:03 – Mangroves, co-investment & carbon

    48:36 – Key challenges & investor mindset

    52:55 – Final takeaway: nature as investment


    Founding Director and Host: Shauna Matkovich - The ForestLink

    Producer and Editor: Magdalena Laas - Unscripted Creatives


    Nature by MaxKoMusic/Soundcloud

    Sopwell Woodlands and Scohaboy Bog SAC, Cloughjordan, Co Tipperary, IRELAND by wild_rumpus/Soundcloud

    Ambient Documentary by Sound Guru (Pixabay)

    Sign 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.

    55 min
  • Industrial Buyers in European Forest Investment - with Jyri Hietala and Tapani Pahkasalo

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    CapMan Natural Capital


    Today, I’m joined by Jyri Hietala and Tapani Pahkasalo, Managing Partner and Co-Managing Partner of CapMan Natural Capital. In this conversation, we discuss CapMan’s approach to active forest investment management across Europe and unpack the recent sale of a Baltic forest portfolio to Inter IKEA. Jyri and Tapani explain how they build institutional-scale portfolios, create value through forest management, renewable energy, and other ecosystem services, and position assets for different buyer profiles at exit. We also talk about what this transaction may signal for the future of European forest investment. From industrial demand for long-term wood supply to the growing importance of biodiversity, carbon, and natural capital value creation, this episode explores why high-quality forestry assets are attracting attention from both financial and strategic buyers.


    "You need to understand who your future buyers are—financial, strategic, or impact-driven—because the way you structure your assets today, including contracts and value streams, can directly influence your exit opportunities.” - Jyri


    "This transaction is a strong example of building an industrial-scale portfolio and finding the right buyer who understands the value created—not just in timber, but across the entire asset, including sustainability and long-term management.” - Tapani


    0:11 Introduction to the episode

    0:20 Meet Jyri Hietala and Tapani Pahkasalo from CapMan Natural Capital

    0:37 Favorite trees: pine and cork oak

    1:46 Guest backgrounds and introductions

    3:52 Why Dassos joined CapMan

    7:07 CapMan Natural Capital’s investment approach

    9:37 Value creation beyond timber

    12:46 Current investment markets in Europe

    13:40 The Inter IKEA transaction

    14:35 How the Baltic portfolio was built

    17:34 Previous owners and local forest management

    20:12 Why Inter IKEA was the right buyer

    21:22 What made the transaction successful

    23:19 What the deal signals for European forestry

    25:09 Forest health, bark beetles and wood supply

    27:00 Industrial buyers and vertical integration

    29:05 Biodiversity and ecosystem services

    31:15 How buyer types shape portfolio strategy

    37:02 Offtake agreements and exit flexibility

    38:03 Why Europe remains attractive for investors

    39:32 Advice for new forest investors

    40:29 Where to learn more about CapMan Natural Capital


    Founding Director and Host: Shauna Matkovich - The ForestLink

    Producer and Editor: Magdalena Laas - Unscripted Creatives


    Nature by MaxKoMusic/Soundcloud

    Sopwell Woodlands and Scohaboy Bog SAC, Cloughjordan, Co Tipperary, IRELAND by wild_rumpus/Soundcloud

    Ambient Documentary by Sound Guru (Pixabay)

    Sign 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.

    42 min
  • The Cumberland Forest Project with Greg Meade


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    NatureVest (The Nature Conservancy)

    The Cumberland Forest Project

    Blended Finance


    Today, I’m joined by Greg Meade, Cumberland Forest Project Director at NatureVest. In this conversation, Greg explains how the Cumberland Forest Project was structured as a closed-end private investment fund designed to put conservation and community outcomes on equal footing with financial return. We talk about blended finance, sustainable timber harvesting, carbon offsets, conservation easements, renewable energy, and the project’s community fund in rural Appalachia. Greg also shares what NatureVest has learned from building this model, how the fund is performing relative to US timberland benchmarks, and what investors and forest managers can take away from this whole-forest-value approach.


    “What makes this project different is that we didn’t treat conservation as an add-on—we embedded it directly into how the asset operates, which allowed us to attract concessional capital and approach forest management in a fundamentally different way.”


    00:12 – Introduction to Forest Invest  

    00:34 – Greg Meade’s favorite tree: sourwood  

    01:32 – Greg Meade’s background in forestry  

    03:07 – What NatureVest does  

    03:30 – Overview of the Cumberland Forest Project  

    04:38 – Fund assets and geography  

    05:51 – Blended finance and concessional debt  

    09:49 – Who invested in the fund  

    11:54 – How the project differs from traditional TIMOs  

    13:27 – Exit strategy and protecting long-term impact  

    15:48 – Forest management and revenue streams  

    18:05 – Community fund and local economies  

    20:41 – Mineral royalties and reclaimed coal revenue  

    23:35 – Revenue diversification across the portfolio  

    26:21 – Investor concerns about geographic concentration  

    27:40 – Local staff and operational setup  

    29:54 – Impact outcomes achieved so far  

    33:37 – Financial performance  

    34:06 – Lessons learned  

    38:32 – Advice for replicating the model  

    40:40 – What’s next for NatureVest  

    43:37 – Advice for new forest investors  

    44:52 – Closing remarks  


    Founding Director and Host: Shauna Matkovich - The ForestLink

    Producer and Editor: Magdalena Laas - Unscripted Creatives


    Nature by MaxKoMusic/Soundcloud

    Sopwell Woodlands and Scohaboy Bog SAC, Cloughjordan, Co Tipperary, IRELAND by wild_rumpus/Soundcloud

    Ambient Documentary by Sound Guru (Pixabay)

    Sign 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.

    46 min

About Forest Invest

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Meet experts in forest investment from different corners of the forestry asset class. From investors to entrepreneurs, market players to service providers. Tune in to hear stories from the trenches,…