Did you know that illegal logging can be five times as lucrative as selling the world’s most well-known soda? In 2020, the Coca-Cola company reported $33 billion in revenue. The global illegal timber trade, in comparison, generates up to $152 billion a year — accounting for up to 90% of deforestation in tropical countries and attracting the world’s biggest organized crime groups.
Illegal logging is today responsible for 15% to 30% of global timber production. Estimates vary because complex international supply chains make it difficult to ensure the timber has been lawfully handled at every stage.
Sheryl Lee Tian Tong