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Paulownia is extremely fast growing; up to 20 feet in one year when young. Some species of plantation Paulownia can be harvested for saw timber in as little as five years. Once the trees are harvested, they regenerate from their existing root systems, earning them the name of the "Phoenix tree." Paulownia has the ability to reclaim ecologically stressed and degenerate patches of land relatively quickly.
Recently, Paulownia has received a great deal of interest for its environmental properties and has been put forward as a potential solution to the global deforestation problem which lies at the heart of the climate change debate. It is being used as a reforestation tree in several countries, including Australia, Germany, China, the USA and Panama.