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Futuro Forestal S.A. : ウィキペディア英語版
Futuro Forestal S.A.

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Futuro Forestal S.A. is a German-Panamanian reforestation company that operates in Latin America. It was founded 1994 in Panama and headquartered in Panama City. Futuro Forestal is the first impact investment management company of the tropical forestry industry.〔(Global Exchange for Social Investment )〕 To date the company has planted over 8,000 hectares of teak and mixed hardwood plantations on deforested pastureland,〔Montagnini 2005, p. 181〕 often under the Forest Stewardship Council (FSC) standard.〔World Wildlife Fund: http://www.gftn.panda.org/gftn_worldwide/asia/lao_pdr/?19126/Panamanian-forest-company-commits-to-FSC〕
== History ==

Futuro Forestal was founded 1994 by Andreas Eke and Iliana Armién. Since that time, the company developed from a small retail investment to a timber investment management organization to an impact forestry company with up to 2,500 employees.〔(''Forest Stewardship Council. La Expereriencia de Futuro Forestal, Managua, Nicaragua'' ). Slide 09. Retrieved 2014-03-03.〕〔Asociacion Nacional de Reforestadores y Afines de Panama: http://www.anarap.com/?p=254〕

* 1994: Futuro Forestal started its first reforestation, called “Projecto Madera Fina” (engl.: fine timber project), with 9 hectares in Panama.〔Official website: http://www.futuroforestal.com/reforestation/experienc/timeline〕
* 1998: As first company in Panama Futuro Forestal applies to FSC-standard.〔FSC-Certificate of Futuro Forestal from 1998 (forestfinance.de (PDF-File) ) Retrieved 2014-02-24〕
* 1998: Futuro Forestal transferred as first company worldwide a Business-to-business-transaction from reforestation to Carbon credit market.〔(''Natsource Creates Environmental Action Desk to Serve Retail Emissions Trading Market; 'Virtual' Desk Kicks Off with Greenhouse Gas and SO2 Trades.'' ) Business Wire, June 7th, 2000. Retrieved 2014-02-28〕
* 2001: Opening of new offices and a nursery in Las Lajas, Chiriquí, Panama.
* 2003 & 2004: The reforestations of Futuro Forestal were rated as Latin America’s best forest investment by rating agency SICIREC (abbr., span.: Sistemas de Circulación Ecológica, engl.: systems of ecological cycles).
* 2005: 2005: Futuro Forestal brings its first shipment of FSC-certified timber to the market. Referring to Jagwood+, the sale of timber from teak and yellow cedar brought a significantly higher price (US $120/m³) than “() uncertified thinning wood (normally around 50-70 US$)〔Jagwood+ http://data2.blog.de/media/377/1161377_7d8f9dadd3_d.pdf〕” .
* 2006: Metafore Innovation Award for Futuro Forestal’s “() WoodStockInvest program, which offers worldwide investors the opportunity to own a forest, invest in a high yield product and contribute to social and ecological development in Central America”.
* 2006/2007:Futuro Forestal expanded its operations to Nicaragua and started a reforestation program in cooperation with the United Nations Framework Convention on Climate Change〔United Nations Clean Development Mechnism http://cdm.unfccc.int/ProgrammeOfActivities/Validation/DB/842J7KCG5SRVNU5AZ2O6DK8SK18ND1/view.html〕 (UNFCCC).
* 2008: Futuro Forestal sold its retail-investment reforestations to its long-term sub-contractor Forest Finance. According to Forest Finance the reforestation-areas of Futuro Forestal brought significantly higher payoff than expected in revenue forecasts.〔Press release of Forest Finance Service GmbH: http://www.lifepr.de/pressemitteilung/forest-finance-service-gmbh/Futuro-Forestal-uebertrifft-Ertragsprognose/boxid/15546〕
* 2009: German Investment Corporation (German: Deutsche Investitions- und Entwicklungsgesellschaft, abbr.: DEG) and Futuro Forestal started an environmental education initiative for primary schools in Nicaragua.〔German Federal Ministry for Economic Cooperation and Development (2012), “Resource Efficiency: A Strategy for the Future”. develoPPP.report – Magazine for Development Partnerships (32). Access on 010714 under http://www.futuroforestal.com/wp-content/uploads/develoPPP-report-32-ResourceEfficiency_EN.pdf〕
* 2011: The Company decided to refocus its efforts as an impact investment management company. To make it transparent to its stakeholders, Futuro Forestal reaffirmed its support of the Ten Principles of the United Nations Global Compact.〔Reporting of The UN Global Compact: http://www.unglobalcompact.org/COPs/learner/15240〕
* 2012: The Global Exchange for Social Investment (GEXSI) and Futuro Forestal established a strategic partnership. Through it, Futuro Forestal’s experience and methodology will be adopted for an upcoming timber-project in Madagascar.〔

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