DFIs have enabled forests that are not profitable. VicForests` business and business plan states that the logging operations of East Gippsland FRG have been operating for many years with significant financial losses. In addition, the economic value of forests for resources such as water production is more than 25 times higher than that of local forest wood ($310 million versus $12 million). “The initial forestry contracts brought a lot of security and security to the sector,” she said. Modernized FFIFs are an important step in transforming the way forests are managed and harvested. The Victorian community will have the opportunity to contribute to the development of strategies and plans that will make this transformation a reality. THEFIs were informed by independent expert advice, assessments of all forest values and new research, contemporary community values and knowledge of traditional owners. “Regional forest agreements have failed. They have failed to protect our forests and they have also failed to protect jobs,” she said. Regional Forest Agreements (FRAs) are agreements between the Commonwealth and the governments of the federal states that define the framework for forest management in a region of the FRG. DELWP is currently updating Victoria`s forest planning and regulation agreements and framework to ensure sustainable forest management in the future. A DELWP fact sheet on old-growth forests is also available.
“They ensure resource security, create a stable investment environment that contributes to the safety of industry, ensure sustainable forest management and have established a comprehensive, appropriate and representative reserve system based on nationally agreed criteria.” Due to the RFA exception, the formal assessments required by federal law do not take place in our forests. The agreements were signed between 1997 and 2001 by national and federal governments. The Level 1 outputs provided for this project, in particular for the expected future state, are intended to illustrate datasets and tools that can identify forest ownership areas that should be prioritized for nature protection. However, before this question of policy implementation can be fully answered, further developments are needed. In the subsequent stages of the structured decision-making process, the impact of different management strategies on biodiversity values will be assessed in more detail. The Victorian Regional Forest Agreements (RFAs) are agreements between state and Commonwealth governments that provide for the sustainable management and use of Victoria`s forests. This mapping is used to provide an updated estimate of the amount of tropical forests in Victoria and a basis for measuring changes in tropical forest distribution over time. The comprehensive data set allows for a posteriori analyses of forest age, species variety and the history of disturbances that have not yet been possible. The database can also reflect the sensitivity of the forest to the nature, intensity and timing of disturbance incidents over the past 30 years. They support active, adaptable and responsible forest management and offer a number of forest uses and benefits. They recognize the pressure our forests are under today, including climate change and bushfires, which means that forest management requires a different approach than in the past. .