2025 was a milestone year for The Reforestation Fund (“TRF” or the “Fund”). With Conservation International serving as Impact Adviser for social and environmental outcomes, TRF continued to advance its goals. This report highlights the tangible outcomes delivered across TRF’s portfolio in 2025 and outlines priorities for the year ahead.
Timberland has historically delivered low-volatility, inflation-resistant returns with a low correlation with other asset classes.1 This performance is primarily driven by the biological growth of trees and the inherent value and downside protection of productive land.2 However, realizing this performance requires active management of physical risks such as fire, pests, and extreme weather. BTG Pactual Timberland Investment Group (TIG) applies a disciplined, six-step risk management framework across its US$ 8.5B, 3.4-million-acre timberland portfolio*, averaging casualty losses from all causes (calculated as total casualty loss divided by fair market value of the TIG portfolio) of just 5 bps (0.05%) per annum from 2012-2025.
BTG Pactual Timberland Investment Group (“TIG”) recognizes that development of well-planned and well-executed renewable energy projects can bring multiple benefits to our neighbors, clients and other stakeholders. These benefits include new clean energy sources along with jobs and economic development. Through application of these Principles, TIG seeks to generate benefits for our neighbors, our clients, and the landscapes in which we invest.
In 2025, the BTG Pactual Timberland Investment Group (TIG) continued to advance its core U.S. timberland strategy, demonstrating how sustainable commercial timberland management can also deliver meaningful conservation outcomes. TIG’s longstanding collaboration with The Nature Conservancy (TNC), which serves as the strategy’s Conservation Advisor, continues to leverage TIG’s operational scale and TNC’s conservation science expertise to improve biodiversity, climate mitigation, and forest resilience across the strategy’s 1.2-million-acre diversified portfolio. This report highlights the progress achieved in 2025 and outlines priorities for the year ahead. It also contributes to broader conversations across forestry, finance, and conservation on delivering lasting outcomes for biodiversity, climate, and communities.
New York, NY – August 13, 2026 – BTG Pactual Timberland Investment Group (BTG Pactual TIG) and Conservation International today announced that native ecosystem restoration is now underway across more than 20,000 hectares of Brazil's Cerrado biome, marking a significant acceleration of the firms' Latin American reforestation strategy. According to data recorded by the Brazilian Restoration and Reforestation Observatory, an independent platform that tracks and maps native vegetation recovery, this further cements the strategy’s position as the largest ever restoration effort on the region. Conservation International serves as Impact Adviser for social and environmental outcomes.
New York, NY – 29 June 2026 – BTG Pactual Timberland Investment Group (BTG Pactual TIG) and Conservation International have been recognized with two Environmental Finance 2026 Sustainable Investment Awards.