Use of forests and forest products is projected to increase substantially over the next decade. First, as economies develop so do their consumption of forest products. Second, there is increasing global recognition of the potential for forest products to contribute to climate mitigation by storing sequestered carbon in harvested wood products and through substitution of fossil-based or GHG-intensive products. Third, wood and other forest products are being recognized for their human health benefits, e.g.

A sustainable forest-based circular bioeconomy needs long-term strategic regional action based on transnational cooperation around: Innovation, Institutions, Infrastructures and Investments.

This project aims at foresighting possible structural changes in the Finnish forest-based sector, and market and employment impacts accordingly in 2040. The project is carried out by EFI and the Research Institute of the Finnish Economy (Etla), with the financial support of Metsämiesten Säätiö Foundation. While main part of the work will be carried out in Finnish, the project will also publish its results in English. This page will be updated as the project progresses.

FOE aims at providing practical information for forest owners in the Galician region (Spain). It expands the existing platform, Smartwood (https://smartwood.app/), with information on the most suitable tree species and non-wood products for a higher revenue.