– ‘A’ Rating to Support New Markets for Forest Residue –
The City of Quesnel, Foresight Canada and Ecostrat are pleased to announce the issue of an investment grade Bioeconomy Development Opportunity (BDO) Zone ‘A’ rating. The Quesnel BDO Zone encompasses a 120-km drive distance from the center point in the City of Quesnel, BC, and is the first ‘A’ rated BDO Zone in British Columbia for Forest Residues.
The Quesnel BDO Zone features robust feedstock supply chains and infrastructure supported by an experienced forestry workforce. The Government of British Columbia along with a network of dedicated organizations and stakeholders are committed to integrating forest residue recovery into pre-existing value-added supply chains.
Jordan Solomon, Chairman of the BDO Zone Initiative stated, “As British Columbia’s first ‘A’ rating, the Quesnel BDO Zone is capitalizing on an opportunity to transform their presently underutilized forest residue resources into a meaningful expansion of the value-added wood products industry.”
Byron Johnson, City Manager, City of Quesnel stated, “The BDO Initiative will help Quesnel start utilizing the types of low-value residual fibre that is often piled and burned. The large piles that are left in the forest not only increase risk of wildfire for our community, but this wood could be used for products or energy production. We are hoping to attract investors with fresh and innovative ideas to turn this low value waste into products that can be used in Quesnel, the Cariboo Region, and beyond.”
Erin Robinson, Forestry Initiatives Manager, City of Quesnel stated, “The BDO Zone will help us create more elegant supply chains by creating products from underutilized forest waste streams. This will help to reduce fuel loading in the forest that contributes to forest fires and help to sustain the forest industry for future generations”.
For more information about BDO Zone Rating for Quesnel, British Columbia please click here, or contact info@bdozone.org.
