16-28 February 2018

Top story

Sustainability bond to finance rubberwood plantations in Indonesia

The UN Environment Programme has announced a partnership with the World Agroforestry Centre, ADM Capital and BNP Paribas for the issuance of a US$95 million Sustainability Bond to help finance sustainable rubber plantations on heavily degraded land in two provinces in Indonesia.
Out of a concession area of 88,000 hectares, roughly 45,000 hectares will be set aside for community livelihoods and conservation.

Also in this issue

  • Fall in plywood exports drags down Ghana’s 2017 earnings
  • Despite living longer with parents Indian millennials aspire to own a home -CREDAI
  • Conserving and utilising Peru’s Amazon forests – new initiative to be launched
  • Bad winter weather and slower bank lending eats into Japan’s housing starts
  • China approves use of Japanese species for housing
  • Expanding trade along the ‘Belt and Road’ routes
  • UK pledges to retain FLEGT commitment after Brexit
  • Strong growth in US wooden furniture imports from Vietnam and India



Data snapshot

US wooden furniture imports in 2017 increased from all major suppliers

Data source: US Census Bureau, Foreign Trade Statistics
Includes : HS940161/69 and HS940330/40/50/60

Upswing in furniture imports from Vietnam and IndiaThe US imported US$18.5 billion worth of wooden furniture in 2017, 11% more than in 2016. Imports from all key supplier countries increased. China accounted for 47% of all wooden furniture imports followed by Vietnam with 20%. The strongest growth was in imports from Vietnam and India.