Wood and wood products are among Vietnam’s top export sectors to the United States. Last year, the export value of Vietnamese wood products to this market exceeded $9 billion, accounting for 38%–40% of the total US import volume for this product group, according to the Vietnam Timber and Forest Products Association. This positions the industry as one of the nation’s top contributors to its trade surplus. In contrast, Vietnam imports only about $323 million worth of timber from the US annually, of which approximately $300 million consists of raw materials such as oak and ash. These are processed domestically into finished goods and re-exported, often back to the US market. Notably, Vietnam is now the second-largest importer of US timber globally, as the US continues its search for stable export destinations. …Vietnam’s decision to waive import duties on timber shipments from the US, is an act demonstrating the country’s cooperative intent.
The European pulp and paper industry is struggling to assess the possible impact of tariffs. …Europe has a marginally negative trade balance with the US for pulp and paper. In 2024, it imported 2.6 million tonnes of P&P from the US. In the same year, it exported 2.3 million tonnes of P&P to the country. The largest trade deficits appear to be around pulp (-975,000 tonnes) and containerboard (-310,000 tonnes, mostly kraftliner). On the other hand, Europe has a surplus in graphic paper and cartonboard sales. …“The only certainty we have is that there will be negative consequences for businesses on both sides of the Atlantic. Trade wars are always detrimental for consumers, but we are a ‘made in Europe’ industry, with local capacities to meet the European demand,” he added. …Most market participants believe the stuttering trade war initiated by Trump will further hurt the already stagnating European economy.
BOGOTA, Colombia — A recent amendment to Peru’s Forestry and Wildlife Law is drawing fierce backlash from environmental groups and Indigenous groups that warn it could accelerate deforestation in the Amazon rainforest under the guise of economic development. The amendment eliminates the requirement that landowners or companies get state authorization before converting forested land to other uses. Critics say the change could legitimize years of illegal deforestation. “To us, this is gravely concerning,” said Alvaro Masquez Salvador, a lawyer with the Indigenous Peoples program at Peru’s Legal Defense Institute. Masquez added that the reform sets a troubling precedent by “effectively privatizing” land that Peru’s constitution defines as national patrimony. “Forests are not private property—they belong to the nation,” he said. Supporters of the amendment, enacted in March, say it will stabilize Peru’s agricultural sector and provide farmers with greater legal certainty.
LONDON – The United States has withdrawn from talks in London looking at advancing decarbonisation in the shipping sector and Washington will consider “reciprocal measures” to offset any fees charged to U.S. ships, a diplomatic note said. Delegates are at the UN shipping agency’s headquarters this week for negotiations over decarbonisation measures, aimed at enabling the global shipping industry to reach net zero by “around 2050″. …”The U.S. rejects any and all efforts to impose economic measures against its ships based on GHG emissions or fuel choice,” according to a diplomatic demarche sent to ambassadors by the United States. …”Should such a blatantly unfair measure go forward, our government will consider reciprocal measures so as to offset any fees charged to U.S. ships and compensate the American people for any other economic harm from any adopted GHG emissions measures,” the note from Washington said.
A new study led by researchers at Washington University in St. Louis and the Missouri Botanical Garden has uncovered a surprising layer of diversity in tropical forests. Not only are the forests populated by a dizzying number of tree species, but each of those species takes a different approach to chemistry, increasing the array of natural compounds that provide important functions for the plants — and potentially for humans. The research helped clarify the ecological and evolutionary forces that make tropical forests such hotbeds of biodiversity. While the team wasn’t specifically looking for compounds that could be useful for humans, their findings underscore the value of tropical forests as natural factories of plant chemicals that could have important uses in medicine and other fields, said Jonathan Myers, a professor of biology in Arts & Sciences at WashU. “Tropical plants produce a huge diversity of chemicals that have practical implications for human health.”
Last week, Pindstrup – a global supplier of growing media for the horticultural industry – opened a wood fiber plant at its factory in Kongerslev, Denmark. This €4 million investment marks a significant step in Pindstrup’s transition towards a more sustainable future. The company is actively working to reduce the CO2 footprint of its growing media by replacing peat with renewable and circular raw materials. CEO René Gjerding says, “For decades, Pindstrup has incorporated wood fiber into its growing media and has been producing it at our factories in Northern Ireland and Latvia. We are pleased to now bring wood fiber production to our factory in Denmark, using locally sourced, PEFC-certified wood chips. The plant runs on renewable energy, further reducing our CO2 footprint.”
The island of New Guinea is cloaked in the world’s third-largest rainforest belt, helping the planet breathe by sucking in carbon dioxide gas and turning it into oxygen. Foreign companies have in recent years snapped up tracts of forest in an attempt to sell carbon credits, pledging to protect trees that would otherwise fall prey to logging or land clearing. But a string of mismanagement scandals forced Papua New Guinea to temporarily shut down this “voluntary” carbon market in March 2022. Environment Minister Simo Kilepa told AFP that, with new safeguards now in place, this three-year moratorium would “be lifted immediately”. “Papua New Guinea is uplifting the moratorium on voluntary carbon markets,” Kilepa said.
