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Increased investment by Asian logging companies from Malaysia and Indonesia is depleting the forests in Africa, the Caribbean and the Pacific at a higher rate and at greater cost to the environment. This South-to-South trade is causing an important shift in how forests are logged and who are the new buyers. This report reveals how these transnational Asian companies with lower logging standards enter into "private contracts" with corrupt local elites for short-term profits that totally ignore the benefits of sustainable forest management for the country's economy in the long run. The authors offer alternative solutions and recommendations on how to influence these transnational Asian logging companies to respect existing national laws and international legislation.
About: Increased investment by Asian logging companies from Malaysia and Indonesia is depleting the forests in Africa, the Caribbean and the Pacific at a higher rate and at greater cost to the environment.
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