News
Vietnam pledges to investigate massive illegal logging violations as international pressure grows
After several weeks of silence, the Vietnamese government announced that is working to begin an investigation into allegations of widespread illegal logging in Cambodia directed by Vietnamese companies and provincial government officials. Earlier this month the Environmental Investigation Agency (EIA) released a damning report which ...
Exports of logs double in 2016
Despite a ban on the export of timber to Vietnam and the creation of a much-publicised anti-logging task force, Cambodia last year still exported nearly $33 million dollars’ worth of unprocessed logs to its eastern neighbour, a volume more than double that of 2015, according ...
Vietnamese luxury wooden furniture makers feel pain of regulations and deforestation
A mere 45 minutes northeast of Vietnam’s bustling capital city of Hanoi is the carpentry town of Đồng Kỳ, where conversations take place above the incessant din of electric saws cutting wood. A thin layer of sawdust coats every surface, and after a few hours ...
Private capital investments in conservation have taken off since 2013
Over the past decade, banks, fund managers, and others funneled more than $8 billion into investments aimed at delivering measurable environmental benefits as much as financial returns, according to a new report prepared by the NGO Forest Trends’ Ecosystem Marketplace initiative. The findings of the ...