Forest trade and finance

The Siem Reap provincial Forestry Administration’s (FA) mobile team and local officials in Chi Kraeng district seized four charcoal trailers at the intersection of National Road 6 in Kok Thloak Krom commune on May 3 for transporting it across the provincial border. ...

Twenty villages in Mondulkiri province are set to receive at least $10,000 each as a result of the $2.6 million carbon credit purchase by the Walt Disney Company in 2016, under a scheme meant to protect the Keo Seima Wildlife Sanctuary, officials said yesterday.​This would ...

According to the figures, Vietnam imported 21,670 cubic metres of sawn wood valued at $13.7 million in April, a 27 percent drop compared to February and an almost 50 percent decrease compared to March. ...

Despite the presence of a blanket ban by the Cambodian government on all trade in Siamese rosewood since 2013, exports of the precious timber to Vietnam increased in the third quarter of this year, according to Vietnamese customs data compiled by US-based NGO Forest Trends. ...

Vietnamese customs data showing that Cambodia exported at least $121 million of woodthis year are currently being investigated by government officials, according to Environment Ministry Undersecretary of State Eang Sophalleth. ...

A mixed group of nearly 40 officials based at the Cambodian-Thai border in Pailin province seized first-class timber on Wednesday, but failed to catch the suspects who illegally entered Thailand to log it, according to police yesterday. ...

Nearly 500 pieces of illegal first-grade timber were seized in a series of busts conducted by police across three different provinces this week. ...

The government sold off more than 10,000 cubic meters of illegally logged wood in direct negotiations with private businessmen over the past two days, according to a Finance Ministry official, after abandoning efforts to auction it off due to a lack of interest. ...

Cambodia’s first large-scale private-sector sale of carbon credits was finalised yesterday, with conservationists predicting that it could pave the way for more public-private partnerships, making millions of dollars of funding available for local carbon-based initiatives. US entertainment giant Walt Disney Company has officially purchased $2.6 ...

The Ministry of Economy and Finance has announced the date of the auction for timber confiscated from logging companies by the National Anti-Deforestation Committee (NADC) earlier this year, inadvertently releasing the official names of seven previously unknown companies caught housing illegally logged wood. ...

In the first nine months of 2015, exports of Cambodian rosewood to China – the Kingdom’s largest market for the protected species – have declined by as much as 95 per cent compared with the same period last year, data released by NGO Forest Trends ...

A group of villagers from Svay Rieng province involved in a land dispute with the Forestry Administration said police officers attempted to block them from traveling to the provincial court Wednesday morning to protest against the trial of three community leaders. ...

A forest peoples’ network has appealed to tycoon Try Pheap to issue a written commitment to put a halt to his companies’ deforestation activities after he told the Post last week that his logging days are over. ...