INDUSTRY PERSPECTIVE ON MANAGING FOR HEALTHY FOREST IN OREGON MARCH - PowerPoint PPT Presentation

A TIAA-CREF Company A TIAA-CREF Company INDUSTRY PERSPECTIVE ON MANAGING FOR HEALTHY FOREST IN OREGON MARCH 1 ST 2018 AUSTIN HIMES GTFF AREA MANAGER austin.himes@gwrglobal.com Work: 971-533-7031 Cell: 541-805-5573

A TIAA-CREF Company • What is forest health? • What makes a healthy forest? • What do we do to keep our forests healthy?

What is Forest Health? What is a Forest? What is health? Utilitarian definition: The degree to which a system can meet human objectives now and on-going in the future ( McIntire 1988) . Resilience definition: The ability of a system to undergo change and disturbance but retain the same function, structure and feedbacks (Walker and Salt, 2006). From Virapongse et al., 2016. 3 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

Examples of Forest Health Utilitarian Ecosystem/Resilience Retrieved from earthjustice.org credit to Francis Eatherington 4 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

What is the Industry? Investment Land Capital Labor i n p u t Industrial Timber Management o u t p u t Product Market $ Return Return > Investment 5 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

Putting it all together: what makes a healthy forest form the industry perspective? Forests as factories: Forests as investments: Forest Forest Logs Wild- Real Carbon Logs Estate life Mill Lumber $$$ $$$ $$$ $$$ $$$$$$$ 6 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

Putting it all together: what makes a healthy forest form the industry perspective? Forests as factories: Forests as investments: Retrieved from tripfreakz.com “Square Trees of El Valle de Anton ” 7 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

A common framework for industrial forest health Unhealthy Susceptible Treatment Forest Forest Biotic/Abiotic Prevention and Resilience Treatment Environment Self-Inflicted Changing Risk New Objective Unproductive Healthy Forest Forest Changing Policy Value 8 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

Biotic: sources of risk • Insects • Diseases • Herbivores • Competition CREDIT BUD MAYFIELD / U.S. FOREST SERVICE Photo by Rob Flowers, Oregon Department of Forestry 9 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

Biotic: treatment and prevention • Detection • Research • Plant the right tree in the right place • Density control • Chemical/Mechanical Controls • Hunting 10 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

Abiotic: risks • Windthrow • Fire • Drought Tristan Fortsch/KATU-TV via Seattletimes 11 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

Abiotic: treatment and prevention • Detection • Salvage • Roads and harvest layout • The right tree for the right place • Minimize negative biotic interaction Jason Emhoff/US Forest Service 12 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

Human: risks • Soil damage • Slash Management • Public Access Marco Walser (WSL) 13 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

Human: treatment and prevention • Detection • Controlled access • Slash Management • Right equipment for the job • Know your neighbors 14 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

Change: Politics and Climate Value • New land regulation • Taxes • Growth and Yield Risk • Management tools • Pests and disease • Exotic species 15 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

• What is forest health?: The capacity of a complex social ecological system to generates desired values with acceptable risk. • What makes a healthy forest?: The forest is able to generate desired values now and is at low risk of loosing the ability to do so in the future. • What do we do to keep our forests healthy?: Treat, prevent and mitigate known factors that reduce forest health and make investments in people, processes, and technology that will keep forest healthy under future conditions. CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company

Industry Perspective on managing for Healthy Forest in Oregon March 1 st 2018 Austin Himes GTFF AREA MANAGER austin.himes@gwrglobal.com Work: 971-533-7031 Cell: 541-805-5573 CONFIDENTIAL DISCUSSION PAPER. DO NOT DISTRIBUTE WITHOUT EXPRESS WRITTEN PERMISSION OF GREENWOOD RESOURCES A TIAA-CREF Company