Securing forest business: A risk management toolkit for locally controlled forest businesses
Locally controlled forest and farm businesses collectively comprise the biggest rural private sector. This toolkit addresses an identified gap in these businesses: a lack of know-how on how systematically to assess, and then manage or take, risks. What is presented here is a step-by-step guide for locally controlled forest business managers and their staff. These steps involve risk self-assessment and analysis followed by assigning responsibility and actions to manage or take those risks. The process of risk management helps the business to improve and adapt. This strengthens its triple bottom line – and creates the incentives for local people to protect and restore the forests on which their prosperity, and the world’s environment, depends.