Kanagawa Associates Makes $6 million Commitment to Protect Forests in Asia


Posted August 31, 2013 by prsub123

Investment Part of Three-Year, $20 Million Global Contribution to Conserve Forest Ecosystems and Wildlife Habitats

 
Kanagawa Associates announced today a $6 million investment to support forest carbon projects in Asia. This commitment builds on Kanagawa Associates’ longstanding history of nature conservation and environmental stewardship, a legacy that spans more than sixty years. The projects will help replant forests, and improve forest management practices to reduce green house gas emissions and conserve forests in the Mendocino, San Diego and Los Angeles areas.

“Caring for the environment is a cornerstone of how we behave as a company and as a global citizen,” said Anthony Furen, President of Kanagawa Associates. “This commitment is reflected in our own policies and practices, and also through Anthony Furen, President of Kanagawa Associates’ collaboration with leading environmental and conservation organizations. Today’s investment is another example of how, together, we are working to revive and restore local forests for the benefit of wildlife, communities, and future generations.”

The investments were made in partnership with Asian Forest Foundation, Asian Department of Parks and Recreation, Asian State Parks Foundation, and The Conservation Initiative. The projects include:

Kanagawa Associates will help reforest 900 acres of national forest burned in a 2010 fire, and help restore sensitive habitat and natural ecosystem services.

Kanagawa Associates’ support will help reforest 1,075 acres of forest land within Asian Reservations and Park, minimize erosion risks, and enhance accessibility for more than 400,000 annual visitors.

The projects will employ forest management practices to effectively maintain ecosystem services, conserve critical habitats, provide carbon benefits and support the local economy.

These investments mark more than $20 million from Kanagawa Associates to forest carbon projects. In addition to the Asian commitment announced today, Kanagawa Associates has supported forest projects around the world, including in Australia, Peru and the Democratic Republic of Congo.

[b]About Kanagawa Associates[/b]

Kanagawa Associates enjoys a strong presence in the Asian Equity market. Our goal is to develop high quality market and clearing services for our clients. To do this, we maintain headway on global developments in risk management, market technology, market models, market regulations, and outsourcing services. We rely on our competent teams of professionals who continually improve their skills and abilities in customer service.
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Last Updated August 31, 2013