By Richard Black  BBC News 18 May, 2010

Timber companies and environment groups have unveiled an agreement aimed at protecting two-thirds of Canada's vast forests from unsustainable logging. Over 72 million hectares are included in what will become the world's largest commercial forest conservation deal.

Logging will be totally banned on some of the land, in the hope of sustaining endangered caribou populations.

Timber companies hope the deal will bring commercial gains, as timber buyers seek higher ethical standards.

"The importance of this agreement cannot be overstated," said Avrim Lazar, president and CEO of the Forest Products Association of Canada (FPAC).

"Together we have identified a more intelligent, productive way to manage economic and environmental challenges in the Boreal [Forest] that will reassure global buyers of our products' sustainability."

The Canadian Boreal Forest Agreement (CBFA) brings together FPAC's 21 member companies and nine environment groups, many of which have fought a bitter battle against what they have sometimes criticised as rapacious logging.

As part of the agreement, those groups have agreed to suspend criticism of the industry and calls for boycotts.

The Pew Environment Group, which has worked for about a decade on trying to "green" Canada's forestry, said it was "excited" by the agreement.

"We're thrilled that this effort has led to the largest commercial forest conservation plan in history, which could not have happened without both sides looking beyond their differences," said Steve Kallick, director of Pew's International Boreal Conservation Campaign.

Pew notes that the total area covered by the agreement is larger than some currently feted as global leaders, such as the Brazilian Amazon Region Protected Areas project.
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