MILLIONS OF DOLLARS-WORTH OF ILLEGAL TEAK IS COMING FROM A VERY UNLIKELY SOURCE – SOUTH SUDAN

PODCAST: “MONEY TREE: TEAK AND CONFLICT IN SOUTH SUDAN”

In the first TRACE podcast of 2020, C4ADS Senior Analysts Stella Cooper and Cecile Neumeister discuss their report on the little-known problem of illegal logging in South Sudan and the environmental, social, financial and security implications.

https://traceinternational.org/resources-podcast

 

MILLIONS OF DOLLARS-WORTH OF ILLEGAL TEAK IS COMING FROM A VERY UNLIKELY SOURCE – SOUTH SUDAN

The C4ADS report referred to in the TRACE podcast starts by saying that illegal logging is the most lucrative natural resource crime, currently valued between $52 and $157 billion per year.  Deforestation of teak has escalated as global demand grows, a direct consequence of teak’s high value and scarcity.  Originally planted in the 1940’s by British colonists, South Sudan’s teak reserves are among the largest in Africa.  It is said that the report serves as the first comprehensive review of the regulatory and security environment surrounding this little-researched topic, and it examines how conditions within South Sudan have made its teak sector more vulnerable to exploitation from illicit actors and contributed to the country’s instability; including how international demand for teak has exacerbated underlying issues plaguing South Sudan’s teak sector.

https://c4ads.org/s/Money-Tree.pdf

 

 

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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