|The Estonian foreign minister has stressed the importance of sustainable projects such as green investments in the future of Europe, as nations across the eurozone attempt to cut their carbon emissions.
"It is essential that we don't live beyond our means, particularly when it comes to using natural resources," Urmas Paet said.
He noted that by the year 2030 the world will need 50 per cent more food, 45 per cent more energy and 30 per cent more water, underlying the importance of investing in sustainable solutions such as biomass.
"Energy, industry, agriculture and transport must utilise more environmentally-friendly technologies," added Mr Paet.
Estonia has successfully shifted towards more green policies in recent years, laying out a blueprint for smaller European countries to follow, concluded the foreign minister.
A recent report from the Forestry Commission highlighted the potential of the industry to contribute to a sustainable economy in the UK and further afield.
KMS Baltics is a partnership of independent companies providing forestry investment management in Estonia, Latvia, the UK and Romania.