The Canadian Boreal Forest Agreement (CBFA) is a model for the oil and gas industry, says David McLaughlin, sustainability advisor to the faculty of environment at the University of Waterloo.
McLaughlin – who was also the last president and CEO of the National Round Table on the Environment and the Economy – uses the CBFA as an example of how solutions can be found between environmental and industry stakeholders as part of a Global and Mail series on how Canada’s energy sector can move forward in a changing world.
There was a “war in the woods” before the CBFA was signed in 2010, McLaughlin says – but the CBFA has allowed all stakeholders and rights holders to come together and find solutions.
The oil and gas industry faces similar challenges of how the public views pipeline proposals, and environmental consequences to these proposals, he says.
Ultimately, McLaughlin writes that progress can be made when stakeholders have a stake in a project’s outcomes and implementations.