What does SFM mean in Management?

Sustainable forest management

Sustainable forest management (SFM) is the management of forests according to the principles of sustainable development. Sustainable forest management has to keep the balance between three main pillars: ecological, economic and socio-cultural. Successfully achieving sustainable forest management will provide integrated benefits to all, ranging from safeguarding local livelihoods to protecting the biodiversity and ecosystems provided by forests, reducing rural poverty and mitigating some of the effects of climate change.The "Forest Principles" adopted at the Earth Summit (United Nations Conference on Environment and Development) in Rio de Janeiro in 1992 captured the general international understanding of sustainable forest management at that time. A number of sets of criteria and indicators have since been developed to evaluate the achievement of SFM at the global, regional, country and management unit level. These were all attempts to codify and provide for independent assessment of the degree to which the broader objectives of sustainable forest management are being achieved in practice. In 2007, the United Nations General Assembly adopted the Non-Legally Binding Instrument on All Types of Forests. The instrument was the first of its kind, and reflected the strong international commitment to promote implementation of sustainable forest management through a new approach that brings all stakeholders together.

see more »