Woodbois Ltd (AIM:WBI), the forestry and timber trading company, has announced a new partnership with World Forest ID, a specialist in origin tracing and species identification.
The partnership will enhance the traceability and identification of timber originating from the company's forest concessions in Gabon.
Woodbois is supporting World Forest ID's mission in Gabon by coordinating the collection of samples from within its concession areas. World Forest ID's science-based analyses provide irrefutable verification of species identification and origin, meaning Woodbois will be able to provide proof that wood originates from its concessions, as well as confirmation of botanical species.
“This partnership with World Forest ID represents a critical building block in the Woodbois suite of services for the sustainable management of Africa's forests,” said Paul Dolan, the chief executive officer of Woodbois.
“We will continue to dedicate time and resources to the research and engagement of best in class partners to enable us to scale our sustainable forestry operations and carbon projects in Africa,” he added.