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January 24, 2022

Massive investment plans in the French wood industry

Massive investment plans in the French wood industry
French President Emmanuel Macron has officially announced a "France 2030 Investment Plan" with a total investment of 30 billion euros, aiming to revive French industry, promote ecological transformation and technological innovation, committed to reducing greenhouse gas emissions by 35% from 2015 levels by 2030. The five-year plan mainly involves semiconductors, biopharmaceuticals, nuclear energy, new energy vehicles, technology innovation for agricultural and forest products industry, of which about 40%-50% of the funds will be used for a decarbonized economy.    Currently, the French forest and timber sector has an annual revenue of 60 billion euros, including ...

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