Forestry Stocks List
Related Industries: Asset Management Auto Parts Business Services Farm & Construction Equipment Farm Products Industrial Distribution Lumber & Wood Production Real Estate - General Specialty Industrial Machinery
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
CUT | C | Invesco MSCI Global Timber ETF | 7.74 | |
FTRI | C | First Trust Indxx Global Natural Resources Income ETF | 7.47 | |
AREA | F | Harbor AlphaEdge Next Generation REITs ETF | 7.01 | |
WOOD | D | iShares S&P Global Timber & Forestry Index Fund | 5.01 | |
SPRE | C | SP Funds S&P Global REIT Sharia ETF | 4.72 |
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- Forestry
Forestry is the science and craft of creating, managing, using, conserving, and repairing forests, woodlands, and associated resources for human and environmental benefits. Forestry is practiced in plantations and natural stands. The science of forestry has elements that belong to the biological, physical, social, political and managerial sciences.Modern forestry generally embraces a broad range of concerns, in what is known as multiple-use management, including the provision of timber, fuel wood, wildlife habitat, natural water quality management, recreation, landscape and community protection, employment, aesthetically appealing landscapes, biodiversity management, watershed management, erosion control, and preserving forests as "sinks" for atmospheric carbon dioxide. A practitioner of forestry is known as a forester. Other common terms are: a verderer, or a silviculturalist. Silviculture is narrower than forestry, being concerned only with forest plants, but is often used synonymously with forestry.
Forest ecosystems have come to be seen as the most important component of the biosphere, and forestry has emerged as a vital applied science, craft, and technology.
Forestry is an important economic segment in various industrial countries. For example, in Germany, forests cover nearly a third of the land area, wood is the most important renewable resource, and forestry supports more than a million jobs and about €181 billion of value to the German economy each year.
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