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.
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Strong growth in US wooden furniture imports from Vietnam and India
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.