A project, first of its kind in Pakistan, based ‘commercial forestry’ geared to bring under forest cover some 90,077 acres land in south Punjab would be initated under public-private partnership which would have the potential to address climate change through massive carbon sequestration. This was stated by CEO of South Punjab Forest Company (SPFC) Tahir Rasheed while addressing a meeting of senior journalists here on Thursday.
Citing project details of commericial forestry, he apprised that about 1,5000 jobs for youth, planting of about 40 million trees, and carbon sequestration to the tune of 35 million tons would be major benefits. South Punjab forest company has received bids on 124 projects which span 6,1749 acress of land. He said desertified land spread over a total of 134,995 acres of wasteland would be afforested at 42 Forest sites in six districts of Punjab,, adding once it materialises it would reduce pressure on natural forests for procurement of timber needed for multiple usage.—APP