Canopy releases new research on vulnerabilities in wood supply chains, highlighting climate impacts, regulatory changes, and competition for resources. Rising demand exceeds sustainable forest capacity, leading to challenges like land competition and compliance requirements. Recommendations include using alternative materials, certifying wood sources, and preparing for disruptions. Founder warns of higher costs and risks for companies not adapting.
Canopy launches a $2bn finance platform to support sustainable textile production. The model aims to fund the full value chain in India, focusing on Next Gen materials like recycled textiles and residues. The platform aligns capital, investors, and partners to scale production across various industries. Canopy’s Hot Button report shows 21 low-risk Green Shirt producers in the MMCF supply chain.
Read more at Yahoo Finance: Canopy issues warning on tightening global wood fibre supply
