AXA launches Forests for Good

AXA is launching of the AXA Forests for Good programme to help restore damaged forest ecosystems and make them more resilient to climate change.

The three-year commitment will be deployed on 600 of the 15,000 hectares of forest owned by AXA in France, and managed by AXA IM. The project will be led by Reforest'Action, and supported by FNE, Inrae, Jura Nature Environnement, AgroParisTech and SAPN.

The AXA Forests for Good programme will have four main objectives of: studying the impact of global warming and land artificialisation on the loss of biodiversity, restoring the forests, developing practices that can then be applied at the European level and shared and help better understand the role of forests.

With AXA Forests for Good, the group is strengthening its global forest protection plan. Last year, AXA announced a €1.5bn investment program to support the sustainable management of forest ecosystems and the protection of biodiversity.

“The droughts and fires that occurred in France this summer are a reminder of the extent to which our forest ecosystems are exposed to climate change. Given the extent of the threat, which is increasing, in addition to that of diseases and insects affecting trees, it is essential to promote a better understanding of these issues in the field and to restore diverse forests that are better adapted to tomorrow's climate,” said Stéphane Hallaire, president and founder of Reforest'Action.

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