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WORLDWIDE FOREST/BIODIVERSITY CAMPAIGN NEWS

Increasing Transnational Investment Devastating Tropical Forests

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Forest Networking a Project of Forests.org

     http://forests.org/ -- Forest Conservation Archives

      http://forests.org/web/ -- Discuss Forest Conservation

 

06/13/00

OVERVIEW & COMMENTARY

The long anticipated, slightly sanitized expose of rampant rainforest

timber "mining" by transnational timber companies has been released

and is available on line.  The trend of highly aggressive, largely

Asian, timber companies failing to manage forests that they are

industrially harvesting, violating indigenous rights, and sometimes

practicing large-scale corruption has been evident and growing for

some years, but many large environmental groups and governments have

been loath to address the issue for fear of retribution.  It is

gratifying to see a large, mainstream environmental group such as WWF

acknowledge "the dramatic expansion of transnational investments in

timber extraction from tropical forests is an increasing cause of

deforestation worldwide."  They are not the first to have hesitated to

address the issue--I know of other unreleased reports from Greenpeace

and others.  There doesn't seem to be much point in forest advocacy,

and working on issues such as forest certification, if most large

forests that drive global ecological systems are being pillaged and

plundered.  As a movement, we must stop nibbling away at the edges and

speak truth to power--a handful of companies threaten nearly all of

the World's large, contiguous rainforests--and demand governments take

action to stop the destruction.  This report takes an important first

step--download it at:

http://panda.org/news/download/tnc_report.pdf

g.b.

 

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Title:   Increasing transnational investment devastating tropical

         forests, new WWF report says

Source:  WWF Press Release, http://panda.org/news/newsroom.cfm

Status:  Copyright 2000, contact source for permission to reprint

Date:    June 9, 2000

 

Photo caption: Old growth tropical forests too often mined rather than

managed.

 

In a new report available today, WWF, the conservation organization

warned that the dramatic expansion of transnational investments in

timber extraction from tropical forests is an increasing cause of

deforestation worldwide.

 

Compiled by WWF and the World Resource Institute (WRI), with funding

from the European Commission, the report documents the role played by

multinational logging companies in the Africa-Caribbean-Pacific (ACP)

countries. It shows how investment, formerly led by companies from

Japan, Europe and North America, has shifted to Asian firms, mainly

from Malaysia, Indonesia, Korea and Hong Kong (China). According to

the study, this new trend has resulted in an expansion of destructive

logging operations, violation of indigenous rights, and sometimes

large-scale corruption.

 

"Most of the new investment focuses on short term activities, and the

economic benefits to the exporting country are usually very low," said

Jean-Paul Jeanrenaud, Head of WWF Forests for Life Programme. "In

addition, the forests are often mined rather than managed, resulting

in high levels of damage and increased access to previously untouched

areas."

 

The report warns that urgent and concrete measures must be taken if

the rapid disappearance of most of the remaining old-growth forests in

the ACP countries is to be avoided. For example, it calls for the ACP

governments to freeze all new foreign investment for the expansion of

logging operations until land use planning has been completed and the

traditional rights of local people have been defined. It also urges

the World Bank and the European Commission to support only activities

related to the achievement of sustainable forest management.

 

"Governments and investors who commit to sound forest management and

independent certification recognized by the Forest Stewardship Council

should receive special assistance from donors to help the shift from

non-management to sustainability," added Xavier Ortegat, Chief

Executive Officer of WWF-Belgium.

 

The new report follows up on a previous WWF study published in 1995 -

"Bad Harvest", which examined the impacts of the global timber trade.

At that time, it was already foreseeable that Asian logging companies

were rapidly increasing their impact on forests outside Asia.

 

For further information:

 

Jean-Paul Jeanrenaud, +41 22 364 9011 ; mobile: +41 79 653 20 71 ; e-

mail: jjeanrenaud@wwfint.org

 

NOTE TO EDITORS

 

Hard copies of the report "Increased investment and trade by

transnational logging companies in Africa, the Caribbean and the

Pacific: Implications for the Sustainable Management and Conservation

of Tropical Forests" are available from Geert Lejeune, WWF-Belgium,

tel.: +32 2 340 09 58 ; fax: +32 2 340 09 38 ; e-mail:

tropicalforest@wwf.be

 

The electronic version (pdf file) can be downloaded from the following

address: http://panda.org/news/download/tnc_report.pdf

 

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