--- title: fund the stand the percentage points at canonical_url: https://ensurance.app/guide/fund-the-stand-the-percentage-points-at markdown_url: https://ensurance.app/guide/fund-the-stand-the-percentage-points-at.md subtitle: the number is not the work category: nature-finance --- # fund the stand the percentage points at *the number is not the work* In September 2026, Lloyds Banking Group and Earth Blox put a number on the pine behind International Paper's southeastern containerboard mills. Pest and disease control in the fibre sourcing region came out at a mean **13.3%** of expected annual fibre growth. Sampled locations ran from **10.2% to 19.6%**. The two mills, in the same note, show a storm-mitigation range of **5.5% to 6.3%**. The higher exposure in that sample sits on southern pine, on land the company does not own or operate. Drought, urban expansion, and overly dense stands are the stresses the note says leave those trees open to southern pine beetle. A southern pine stand, a mountain snowpack, and the plants holding a slope exist whether or not anyone buys a certificate. Nature Value at Risk is a percentage a bank can read. [Ensurance](https://ensurance.app/temperate-forests.ensurance?from=guide) funds the living system. It is not the percentage. :::johnson **13.3% of expected fibre growth is the exposure. one year of stand work per acre is the unit.** The 13.3% figure is a directional scenario estimate, not a forecast, not an expected loss, and not future performance. This offer is addressed to International Paper fibre sourcing. One acre-year does not guarantee fibre volume or mill uptime. [propose the southern pine stand →](https://ensurance.app/specific/create?mode=suggest&agent=temperate-forests.ensurance&name=southern%20pine%20stand&from=guide) ::: ## what the fibre percentage is counting Nature Value at Risk, as this report defines it, is the share of economic value that could be exposed if one natural service degrades or drops out. The scenario is a severe but plausible **1-in-20-year**, which they equate to a 5% annual probability. Each dependency is scored alone. The companies supplied the financials and the locations. Lloyds and Earth Blox call the results directional scenario estimates: not a forecast, not an expected loss, and not future financial performance. The pest paragraph's denominator is expected annual fibre growth. A shortfall, in their account, could tighten regional wood supply. **19.6%** is the high end of the sampled locations. 19.6% is not International Paper group revenue and not the mill result. The chart label says asset value; the pest paragraph is fibre growth. The byline is Lloyds Banking Group, with Earth Blox. Lloyd's of London is a market, not a firm, and it did not publish this percentage. | published figure | place | what the prose is measuring | | --- | --- | --- | | 5.5% to 6.3% | The two southeastern mills | Storm mitigation, as potential operational and financial exposure | | 13.3% mean; 10.2% to 19.6% at sampled locations | The fibre sourcing region | Pest and disease, as a share of expected annual fibre growth | Water supply is called material at the mills, and the prose gives no mill water percentage. The Earth Blox explainer of 23 September 2026 scores rainfall variability and water supply in the sourcing region as their own cuts. They are not folded into the 13.3% pest figure. ## wood fiber supply risk and upstream nature risk **Wood fiber supply risk** is the chance the year's fibre does not grow where the mill planned to buy it. For these containerboard mills, that chance sits in the sourcing region, on land the company does not own or operate. Southern pine beetle is the pest named. Age, density, and water on the stand are the conditions behind that loss. **Upstream nature risk** is exposure on a living system the mill uses and does not operate. Funding the stand is the step the percentage does not take. Sophie Beckham, chief sustainability officer of International Paper, has described a business that depends on forests and on responsible sourcing. The fibre-growth percentage is still a sourcing decision. A funded year on the stand is what reaches the trees. ## the offer for international paper fibre sourcing This offer is addressed to **International Paper fibre sourcing**, the person who sources fibre for the southeastern containerboard mills. The exposure in view is pest and disease on land the company does not own or operate: a mean **13.3%** of expected annual fibre growth, and **10.2–19.6%** across sampled locations. The mill storm range stays in its own column. The corporations use case is [supply chain resilience](https://ensurance.app/solutions/corporations?from=guide&topic=nature-value-at-risk). The worked example on that page is a watershed. This stand is named in a [climate and nature risk assessment](https://ensurance.app/services#resilience). The living-system work is southern pine structure and water. Water in the acre-year means stand condition under drought, separate from the explainer's water-supply percentage. The work runs only on acres a landowner enrolls. The unit is **one year of that stand work, per acre** in the sourcing region, reported beside the fibre-growth percentage. One acre-year does not guarantee fibre volume or mill uptime. It is not a second sustainability report. It is not an investment offer. A proposal gives the mill no right in the stand. The instrument named here is an unissued **southern pine stand** certificate under [temperate forests](https://ensurance.app/temperate-forests.ensurance?from=guide), which is already live. The line is not issued. Submitting the form does not create it. A person reviews it. Fibre sourcing can scope the climate and nature risk assessment to these stands by [naming the region, the 13.3% pest figure, and the per-acre year](https://ensurance.app/contact?from=guide&topic=nature-value-at-risk). A landowner enrolling acres, or a capital provider, can [propose the southern pine stand](https://ensurance.app/specific/create?mode=suggest&agent=temperate-forests.ensurance&name=southern%20pine%20stand&from=guide). A capital provider can fund that acre-year, reported beside the fibre-growth percentage. ## frequently asked questions ### what is upstream nature risk? Upstream nature risk is dependence on a living system that sits before the gate and outside the operation. For these mills it is the southern pine stand in the southeastern fibre region, where pest and disease is a mean 13.3% of expected annual fibre growth, and 10.2% to 19.6% at sampled locations, in a 1-in-20-year scenario, scored on its own. ### what is wood fiber supply risk? Wood fiber supply risk is the chance fibre does not grow where the mill planned to buy it. In this note the driver is southern pine beetle, under drought, urban expansion, and overly dense stands, on land the company does not own or operate. The share is of expected annual fibre growth. The mills' 5.5% to 6.3% storm range is a separate figure and stays at the mill. ### who pays for the forest a mill does not own? This offer is addressed to International Paper fibre sourcing. The work runs only on acres a landowner enrolls. A capital provider can fund that acre-year, reported beside the fibre-growth percentage. The southern pine stand certificate is unissued: the line is not issued, submitting the form does not create it, and a person reviews it. A proposal gives the mill no right in the stand. Scope the stands in [the sourcing note](https://ensurance.app/contact?from=guide&topic=nature-value-at-risk), or [propose the southern pine stand](https://ensurance.app/specific/create?mode=suggest&agent=temperate-forests.ensurance&name=southern%20pine%20stand&from=guide) under temperate forests. ## the percentage, then the stand [What nature value at risk actually measures](https://ensurance.app/guide/what-nature-value-at-risk-actually-measures?from=guide) is how to read the metric: one service, one place, a hard year. [The fibre grows on land the mill does not own](https://ensurance.app/guide/the-fibre-grows-on-land-the-mill-does-not-own?from=guide) stays with the beetle, the dense stands, and the unowned woods. This page is the funding step those two set up. ## sources [The Missing Line Item](https://25218570.fs1.hubspotusercontent-eu1.net/hubfs/25218570/Customer%20content/The%20Missing%20Line%20Item%20-%20Lloyds%20%26%20Earth%20Blox.pdf) — Lloyds Banking Group and Earth Blox, September 2026. Fibre-growth pest figures, the mill storm range, and the limits of the scenario. [Earth Blox explainer](https://www.earthblox.io/resources/lloyds-and-earth-blox-quantify-nature-risk-for-corporates-in-new-report-the-missing-line-item) — 23 September 2026. Rainfall and water supply are separate single-service cuts and are not added on this page. ## the series - [what nature value at risk actually measures](/guide/what-nature-value-at-risk-actually-measures?from=guide) - [the fibre grows on land the mill does not own](/guide/the-fibre-grows-on-land-the-mill-does-not-own?from=guide) - [the same cooling plant, two snowpacks](/guide/the-same-cooling-plant-two-snowpacks?from=guide) - [a hectare map is not a payment](/guide/a-hectare-map-is-not-a-payment?from=guide) - [fund the stand the percentage points at](/guide/fund-the-stand-the-percentage-points-at?from=guide)