Conservation Deal to Help Save Southeast Forests
March 29, 2006
In a $300-million deal to preserve the Southeast’s forests, the Nature Conservancy and the Conservation Fund, both with headquarters in Arlington, Va., will buy 218,000 acres of forest from International Paper in parcels across 10 Southern states, reports the Associated Press.
Over the next five years, the agreement will allow timber harvesting on about three-fourths of the land but not in the most environmentally fragile areas.