NEWS

Brazilian agents cracked down on schemes involving hundreds of companies covering up illegal logging in the Amazon rainforest. Ibama identified more than 220 companies and 21 logging concessions engaged in activities designed to disguise the origin of illegal wood.

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A "social forestry" program run by the Indonesian government to grant land rights to local communities has been ineffective in preventing deforestation. A new study found: that forest loss actually increased in community-titled forests aimed at conservation.

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A forester and professor at the University of British Columbia said that "research has shown that the optimal landscape-level carbon sequestration policy may be to harvest and replant stands when they reach their peak growth rate. Ideally we would use the harvested forest material - wood and fibre - to displace as much fossil fuel, steel, and concrete as possible, to reduce carbon dioxide releases."

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The dramatic increase in U.S. imports of hardwood flooring was largely due to increases in imports from Indonesia and Malaysia.

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Vietnam's exports of wood and wood product exports were originally expected to decline in 2021 because of COVID-19; now, however, the sector's export value is expected to total $14.72 billion for the year. Exports to the U.S. from January to November reached $7.93 billion, an increase of 24.6%. The recovery was due to support from the Vietnamese government, particularly the Ministry of Agriculture and Rural Development.

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