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ESG Today: As Companies Commit to Climate Action, Here’s What They can Learn from Deforestation

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Mongabay: Countries that sanctioned Myanmar’s junta are still buying their timber: Report

Despite sanctions imposed following the February 2021 coup, Myanmar exported more than $190 million worth of timber, including to countries that have sanctions on the country’s state-controlled timber monopoly, according to a new report from Forest Trends.

FT IN THE NEWS Forests

Mongabay: Luxury wood market driving extinction of rare ipê trees, report warns

Demand for wood from ipê trees in the Amazon Basin could lead to their extinction if better international trade regulations aren’t implemented soon, according to a new report from Forest Trends.

FT IN THE NEWS Forests

Mongabay: To cooperatively stop deforestation for commodities, navigating ‘legal’ vs ‘zero’ is key (commentary)

As a decade-long effort by the private sector to voluntarily eliminate deforestation from commodity supply chains stalls, the EU, UK, and US are all considering trade regulations. But policy makers and advocates have been debating the relative merits of trade barriers based on a “legality” or “zero-deforestation” standard: we believe this presents a false dichotomy. […]

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The Diplomat: Myanmar Timber Exports Continue, Despite Western Sanctions: Report

Myanmar’s military junta exported more than $37 million worth of timber to nations with active sanctions on the country’s state-run timber monopoly, according to the environmental advocacy group Forest Trends.

RELEASE Communities Forests

Despite sanctions on Myanmar, the US, UK, and EU imported more than $36 million in timber since the coup, exposing traders to risk of prosecution

Washington DC 7 March 2022 – Just over one year since the Myanmar military, known as the Tatmadaw, led a coup against the legitimately re-elected government, a new study finds that more than $190 million in imports of timber were reported from Myanmar in 2021, including to countries with sanctions, potentially exposing entities importing from […]

FT IN THE NEWS Climate Forests Investments

CNBC: Marc Benioff backs start-up that uses satellites to count trees and pays people not to cut them down

Salesforce founder Marc Benioff, backs start-up that seeks to offset carbon by facilitating the ability of companies to pay land-owners to keep their trees and forests alive.

FT IN THE NEWS Climate Investments

SPGlobal: Price-sensitive carbon credit supply waiting in wings: Ecosystem Marketplace

The Director of Ecosystem Marketplace, Stephen Donofrio, is interviewed by SPGlobal, where he explains that there has been a dramatic surge in carbon credit sales and widening price spreads seen in 2021 are likely to continue in 2022.

FT IN THE NEWS Communities

Khmer Times: Vietnam says smuggling of sugar from Cambodia and Laos on the rise

The volume of sugar illegally imported into Vietnam from Cambodia and Laos has been increasing, with 757,000 metric tons per year in the 2015-19 period, nearly 2.8 times the quantity in the 2008-14 period, according to a report which was released at a seminar co-organized by Forest Trends.

FT IN THE NEWS Biodiversity Forests

Mongabay: Vietnam’s timber legality program not making a dent in risky wood imports

Despite new regulations to clean up Vietnam’s timber sector, importers continue to bring large volumes of tropical hardwood into the country from deforestation hotspots in Africa and Asia for use in products sold domestically.

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