Weyerhaeuser has joined an international alliance which seeks to conserve forests using carbon markets.
The US-based forest products company said becoming part of the Climate, Community and Biodiversity Alliance (CCBA) was another way to promote responsible forest management.
Others in the alliance include the Nature Conservancy, Conservation International, BP and Intel.
CCBA, formed in 2003, has developed a set of standards to identify the best carbon sink projects in which to invest. Projects are rated in three areas: the level of carbon they store, benefits to plants and wildlife, and social/economic benefits to local communities.
Weyerhaeuser said the need to conserve threatened forests and addressing climate change through sequestering carbon in forests were interdependent issues.
