Maximising the removal and storage of carbon through forestry and wood-based products
Trees in responsibly managed forests capture a substantial amount of carbon dioxide (CO2). When trees grow and are made into wood-based products, they act as a carbon stock keeping it out of the atmosphere. This storage effect is further extended through developing long-lasting products which can be reused, refurbished, remanufactured and then recycled at the product’s end-of-life.
Increasing carbon storage through acacia plantations in VietnamOur first project takes place in Vietnam, one of the top markets IKEA suppliers purchase wood from for producing our products. Smallholders and communities, including minority ethnic groups, manage roughly 65% of Vietnam’s plantation forests. Certain management practices and a lack of support towards smallholders who, on average manage 2-3 hectares of acacia plantations, means that the land’s production capacity is not always achieved. It even risks reducing productivity as the soil degrades over plantation harvesting cycles. This not only endangers income for smallholders but also reduces the soil’s ability to hold on to its carbon, releasing it back to the atmosphere.
Through our project in the Thua Thien Hue province, IKEA has partnered with a local forestry cooperative supporting more than 1,000 smallholders and their families. We will focus on building and sharing knowledge amongst the smallholders to improve existing management practices and improve their profit for them as land users, as we believe this will secure the permanence of the new land use system. Over time, wood from these well managed acacia plantations will be used in IKEA products, designed in a way that they can be reused, refurbished, remanufactured and eventually recycled when the product reaches the end-of-life, ensuring that the carbon remains in recycled wood material long-term.
Together with our partner Forest Owners Sustainable Development Association (FOSDA), we have set a number of goals for our project:
- Removing carbon from the atmosphere and storing it in land, plants and products
- Establishing native forest restoration areas and improving resilience in the landscape through establishment of native wood species
- Securing the long-lasting impact of the project by demonstrating the economic, environmental and social feasibility
The importance of global accounting standards and goals
In order to make sure that companies, governments and other stakeholders calculate climate impacts in the same way, we continue to contribute to the work of the Greenhouse Gas (GHG) Protocol developing global accounting standards for how to measure the impact on climate change from carbon removals and storage.