Royal Stands Against Tree Felling
Published: Wednesday, 12 March 2014
Environmentally concerned superyacht owners can now make a stand against unsustainable logging and deforestation by becoming, along with their yachts, ambassadors of the Wood Forever Pact (WFP).
To become an ambassador a yacht owner makes a single donation, calculated on the yacht's displacement, towards any of the Foundation’s projects. The benefits of becoming am ambassador include invitations to exclusive events, updates on Prince Albert II of Monaco Foundation WFP projects, the opportunity to network with likeminded owners and an emblem and flag for the yacht. Ambassadors also gain the knowledge that they have offset the impact already made on the environment due to the use of exotic woods on their vessel, even though the builder may have used certified timbers.
The one-off contribution is calculated at 10 Euros per tonne of displacement, so a 500 tonne vessel would require a 5,000 Euro donation. WFP guarantees all contributions are 100% used for projects and communications without management overheads being deducted.
"We are happy with the enthusiasm from the industry about Wood Forever Pact but realise that it is superyacht owners who ultimately drive the use of woods from properly managed forests and certified sustainable sources. This is why, alongside yacht builders, we are now also inviting owners to come on board as Wood Forever Pact Ambassadors.” said Philippe Mondielli, Scientific Director of the Prince Albert II of Monaco Foundation. “Many owners are already very environment-aware but some will have already bought yachts, perhaps built before becoming so aware, and now wish to make a tangible contribution and help to spread the word."
The WFP is the flagship project of the ‘Monaco makes a commitment against deforestation’ initiative, led by the Prince Albert II of Monaco Foundation.