This year, as FIA celebrates its 40th anniversary, President and CEO Mike Cerchiaro reflects how timberland investing has evolved and what has remained unchanged.

The conversation tracts four decades of change across institutional investment in sustainable forestry, from the drivers of a nascent asset class in the 80s to the modern-day emergence of natural capital, complimented by data-driven decision making. In parallel, Mike highlights how the core characteristics that have long attracted investors to timberland remain unchanged: biological growth, diversification, inflation protection, and sustainable long-term investment attributes.

The interview also covers the following topics: