At Canada China Business Council’s Forum on November 15, 2024, CCBC announced the winners of the 9th Canada China Business Excellence Awards. The Awards, chosen by an independent panel of judges, recognize organizations from CCBC’s membership that take a leading and innovative role in expanding and nurturing bilateral business relationships. The successful stories of our award winners provide inspiration to other companies, helping to encourage more successful trade and investment between Canada and China. The awards include:
- Canada Wood Group’s Haiyan ZHANG won Gold in Women in Leadership: This award recognizes female executives or leaders who have made a consequential impact on a company or institution’s success in or with China.
- Canada Wood Group won Silver in Benefit to Canada: The average Canadian is unaware of the economic benefit that Canadian exports to China bring to Canadians. This award recognizes companies who have achieved business results from exporting Canadian goods and/or services to China

Vietnam’s wood processing and export industry is on track to surpass its 2024 export target of 15.2 billion USD, navigating through complicated market developments with strategic adaptability. Statistics from the General Department of Vietnam Customs showed that Vietnam’s wood export turnover in the first 11 months of 2024 was estimated at over 14.6 billion USD. Industry experts said seeing the market’s robust recovery signs, enterprises have proactively outlined production plans and sought new markets. According to Vice Chairman of the Handicraft and Wood Industry Association of Ho Chi Minh City Nguyen Chanh Phuong, the US now accounts for 54% of the Vietnamese wood exports. …Chairman of the Binh Duong Furniture Association Nguyen Liem highlighted the efforts of local firms to bolster shipments, including making innovative product designs that are attracting international customers and pivoting to e-commerce channels, demonstrating flexibility in their sales strategies.
Exports from Finland’s forest industry reached Euro 3.16 billion in the third quarter of 2024, marking a 15% increase compared to the same period in 2023, according to the Natural Resources Institute Finland (Luke). Key contributors to the export value included paper (22%), cardboard (29%), pulp (21%), lumber (16%), and plywood (4%). …For the third quarter, total wood imports reached 1.37 million m3, 74% higher than in the corresponding period last year but down 1% from the second quarter of 2024. Of these imports, 68% were pulpwood, 21% were chips, and less than 2% were sawlogs. The wood product industry contributed Euro 0.76 billion in Q3 exports, reflecting an 18% year-on-year increase but a 16% decrease from Q2 2024. Lumber exports rose by 30% in value and 14% in volume compared to Q3 2023, while plywood exports increased by 9% in value and 19% in volume.
The U.K. is expected to import a record 9.641 million metric tons of wood pellets in 2024, according to a report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network in November. The expected record in wood pellet imports for 2024 follows a significant decrease in U.K. wood pellet imports in 2023 and 2023, which the report attributes to changes in global wood pellet prices and competition from other energy sources. The U.K. primarily uses wood pellets for industrial energy production, with more than 93% of the country’s wood pellet demand in 2024 expected to be used for that purpose. …The U.S. is the largest supplier of wood pellets to the U.K., accounting for 73% of imports in 2023 by volume. Other sources of U.K. pellet imports are Canada, Latvia, the Netherlands, Estonia and Brazil.



The European Council has given the green light to the certification framework for carbon removals which includes carbon storage activities that capture & store carbon in long-lasting products for at least 35 years such as wood-based construction products. It is the first EU-level certification framework for permanent carbon removals, carbon farming and carbon storage in products. This voluntary framework will facilitate and encourage high-quality carbon removal and soil emission reduction activities in the EU, as a complement to sustained emission reductions. …Carbon removal activities will have to meet overarching criteria in order to be certified: they must bring about a quantified net carbon removal benefit, they must be additional, they must aim to ensure long-term storage of carbon while minimising the risk of carbon release and do no significant harm to the environment. In addition, activities eligible for certification will need to be independently verified by third-party certification bodies.
Non-profit organisation Two Sides is calling on organisations to remove or change misleading statements that it labels as ‘greenwashing’. …According to the organisation, economic pressures have caused companies which have previously relied on paper for customer communication to shift from traditional paper-based services to digital platforms, in order to cut costs. Alongside this transition, many companies have made environmental marketing claims such as “Go Green – Go Paperless” or “Choose e-billing and help save a tree.” But according to Two Sides, these claims are misleading, and are clear examples of greenwashing. …Two Sides has challenged over 2,800 organisations communicating these greenwashing messages to their customers, resulting in more than 1,260 changing or removing statements. …“Far from ‘saving trees,’ a healthy market for forest products and paper encourages the long-term growth of forests through sustainable forest management.”
We are informed that Jackson Wijaya is becoming the beneficial owner of both Domtar, formerly known as Paper Excellence, and Asia Pulp and Paper (APP). Domtar is a company in good standing that has maintained FSC certification since 2008, covering over 7 million ha of forest area, as well as mills and processing plants.
A founding member of the Forest Stewardship Council (FSC) has called on the green credentials body to “immediately terminate” sustainability certificates for Canada’s largest forestry company. The
Bonn – The European Parliament, Council of the European Union (EU), and EU Commission have agreed to a
HOBART, Tasmania — In news that surprises no-one, a coalition of formerly ‘moderate’ green groups have renounced their apparent prior support for native forestry. Under the
Member states close the door to further tweaks to the new deforestation rules pushed by unusual right-wing majority in the European Parliament. EU diplomats have rejected European Parliament amendments to the Commission’s proposal to push back the entry into force of the bloc’s new deforestation rules by one year. Instead, member states insist on adhering to the original text. …Among the amendments, MEPs sought to introduce a new classification for countries posing “no risk” of deforestation, alongside the existing categories of low, standard, and high risk. However, in a meeting of EU ambassadors, member states reaffirmed they want to stick to the original proposal. “Opening the text would only generate legal uncertainty and huge time constraints,” the source continued. An interinstitutional meeting between MEPs and EU countries to hash out the divergences might take place as soon as tomorrow.
OTTAWA — Minister of Agriculture and Forestry Sari Essayah visits Canada with a delegation of the Finnish forestry and bioeconomy actors on 24–28 November. Minister Essayah will deliver the keynote speech at the Scaling Up Bioeconomy Conference. In addition, the Minister and the business delegation will visit the province of Quebec. …In Ottawa, Minister Essayah will meet with federal ministers of Canada, members of the Standing Committee on Natural Resources of the Parliament of Canada and management of the Natural Resources Canada (NRC). The main topics are the outlook of and cooperation in bioeconomy, sustainable forestry and forest management. …In the province of Quebec, Minister Essayah will meet the province’s management to discuss the opportunities in the bioeconomy sector. Finnish expertise in forest and bioeconomy will be showcased at Quebec Forest Industries Association and the local companies.
Changes in cloud cover may account for why global temperatures for the past two years have exceeded the predictions of climate models. 2023 and 2024 saw temperature records repeatedly smashed, with both years now showing average temperatures around 1.5°C above the pre-industrial level. Climate change plus an El Niño weather pattern are partly to blame, but neither factor fully explains the extraordinary warmth. Now,
Most of the world’s airlines are not doing enough to switch to sustainable jet fuel, according to a study, by Brussels-based advocacy group Transport and Environment, which also found too little investment by oil producers in the transition. The airline sector is calling for more production of the fuel, which can be made from materials such as wood chips and used cooking oil… As it stands, SAF makes up about 1% of aviation fuel use on the global market, which needs to increase for airlines to meet carbon emission reduction targets. The fuel can cost between two to five times more than regular jet fuel. A lack of investment by major oil players, who have the capital to build SAF processing facilities, is hampering the market’s growth, the study says.
Diplomats agreed earlier this month to new rules governing carbon credits. But while they were deliberating, the scientists who defined “net zero” in 2009, found something wrong with the math underlying those debates. “Achieving ‘net zero’ no longer means what we meant by it,” said Myles Allen, professor of geosystem science at University of Oxford, an author of a new paper in the journal Nature. Their new analysis skewers an assumption at the heart of how countries and companies track emissions — that a ton of CO2 is the same everywhere, whether it’s dispersed in the atmosphere, embedded in forest wood or pulled from the air and pumped deep underground. That fungibility is the foundation of carbon markets. It lets a ton of CO2 in a forest stand as a fair trade for a ton put in the atmosphere. That rule-of-thumb turns out to be a vast oversimplification that could render many well-meaning net-zero efforts meaningless.
The record low was followed by the symbolic end to coal-fired power generation in Britain with the closure of Ratcliffe-on-Soar power station, making the UK the first major economy to phase out coal power completely. Despite the UK leading the way in decarbonisation among the G7, the report shows that significant challenges remain in decarbonising the power sector, including the needs to phase out natural gas, invest in grid infrastructure, and address rising balancing costs. The findings have been released in the latest instalment of the quarterly Drax Electric Insights report. The publication is an independent report by academics from Imperial College London commissioned by Drax through Imperial Consultants.
Japan’s Enshu Forest Energy started commercial operations at its 7.1MW biomass-fired power plant in Fukuroi city of Shizuoka prefecture on 16 November. The Enshu plant will burn 90,000t/yr of wood chips made from unused forest materials and gathered mainly from Shizuoka prefecture. It can generate around 53GWh/yr of electricity, which will be sold under the country’s feed-in tariff (FiT) scheme for 20 years. The plant was initially scheduled to come on line in December, but started two weeks earlier as Enshu Forest Energy, the operating company, completed its safety check and test runs earlier than expected.
Wood burning stoves are now the UK’s biggest source of toxic particles in air pollution and could be giving you cancer, according to a new report. A third of all PM2.5 emissions now come from log and coal-burning fires in homes. PM2.5 particles are too small to be filtered out and studies suggest they enter the bloodstream and have been linked to serious heart disease and lung cancer. One analysis of 17 studies found breathing in PM2.5 particles increases the risk of dying from lung cancer by 11 per cent. One US study found using a wood-burning stove indoors increase the chance of women developing lung cancer by 43 per cent. Another US study found people who use their wood burner for more than 30 days a year increase their lung cancer risk 68 per cent.