U.S. Endowment Awards $5.5 Million To Accelerate Wood Fiber Markets
The U.S. Endowment for Forestry and Communities has announced five awards totaling $5.5 million through its Accelerating Wood Fiber Markets initiative. The five-year effort will help connect underutilized wood fiber with new buyers and support the long-term economic viability of working forests and the communities that rely on them.
The Endowment committed $5 million to the initiative, with an additional $500,000 provided by the Northern Border Regional Commission through its Forest Economy Initiative to support work in Maine, New Hampshire, New York and Vermont.
The funding opportunity drew significant interest from across the country. The Endowment received 76 proposals requesting approximately $86 million, underscoring both the scale of the market challenges facing forest-reliant communities and the demand for practical, locally driven solutions.
The selected awardees are:
• Forest Landowners Foundation, $1.3 million: The Forest Landowners Foundation will lead a Southeast-focused initiative to identify and advance scalable market solutions for underutilized and low-value wood. The organization will convene landowners, forest industry representatives, universities, investors and public agencies to develop a coordinated pipeline of market-ready opportunities, particularly in areas with limited processing infrastructure.
• Sustainable Northwest and Intertribal Timber Council, $1.7 million: Sustainable Northwest and the Intertribal Timber Council will establish a Tribal-led initiative designed to build durable, community-driven markets for small-diameter timber, slash and low-grade logs. The partners will incubate a Wood and Biomass Hub within the Intertribal Timber Council to provide project development assistance, connections to financing, and workforce and infrastructure support, beginning with three Tribal communities.
Latest news
Resolute Purchases Nearby Cogen Facility
Resolute announced an agreement for the purchase of a cogeneration facility in Senneterre, Quebec. The purchase of the 34.5 MW cogeneration facility, adjacent to Resolute’s Senneterre sawmill, builds on its significant investments in the region,…
FSC Halts Certification Of Russian Products
In early March the Forest Stewardship Council (FSC) suspended trading certificates in Russia and Belarus and announced it would “block wood sourcing” from the two countries as long as the armed conflict in Ukraine continued.…
Drax Gets Satellite Pellet Plant Going
Drax Group is ramping up to full production at Leola—the first of three new satellite pellet plants it plans for Arkansas. Leola, in Grant County, is part of a $40 million investment by Drax in…
Oregon Counties Court Battle Continues
Oregon Court of Appeals heard arguments in late February on a 2019 jury decision appealed by the state that awarded $1.1 billion to 13 counties and 151 local taxing districts after the counties sued the…
Find Us On Social
Subscribe to Our Newsletter
Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.
Subscribe/Renew
Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.