Engie and Axa commit to sustainable forestry projects


INFO LE FIGARO – The company Shared Wood will generate carbon credits and create agricultural sectors in the countries of the South.

The Shared Wood Company (SWC): the name of this new investment company dedicated to sustainable forestry projects owes nothing to chance. Its three founders, including two forest engineers by training, claim a social fiber. Modern-day Robin Hoods working on north-south transfers. “We have a clear tropism for the fight against poverty”says Laurent Valiergue, with a diversified career, worked for Total and the World Bank.

However, it is not a question of philanthropy for this company, of which Engie and Axa are shareholders. The three partners have built an economic model based on their long experience in the forest sector and carbon markets. The vocation is both to conserve and enhance the forest and to develop new agricultural sectors on degraded plots around coffee and cocoa in particular, which will generate carbon credits.

All investments will have a carbon component and development…

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