Green Energy Resources cited the Center for International Forestry Research and the UK’s Department for International Development that $54 billion dollars will be invested in "cheap wood" sources by 2015.The investment reflects strong demand for a variety of renewable energy projects including ,biomass, gasification, co-firing, carbon sequestration and cellulostic fiber. The report in the June issue of "Environmental Finance Magazine" stated European financial institutions such as Dutch ING, ABN Amro and Rabobank,were investing aggressively in environmentally responsible wood supplies.
Same story also appeared in Sys-Con Media website.