Yokohama, 6 December 2024: The International Tropical Timber Council took five decisions on the closing day of its 60th session on 6 December 2024, including one that extended by two years the term of appointment of ITTO Executive Director Sheam Satkuru, to 31 January 2028.

Yokohama, 5 December 2024: Trade in most tropical wood products declined significantly in 2023 in response to a slowdown in economic growth in most consumer economies, a cost-of-living crisis caused by inflationary pressures, and a slowdown in China’s property sector, according to a report presented on day 4 of the 60th session of the International Tropical Timber Council.

Yokohama, 4 December 2024: Completed projects in Indonesia and Peru have provided valuable insights on forest fire management and will inform new guidelines on tropical forest fire management, according to an evaluation of the projects presented at the 60th session of the International Tropical Timber Council, which convened on its third day today.

Yokohama, 3 December 2024: With wood producers worldwide reeling from skyrocketing shipping costs and the tropical timber sector suffering from negative consumer perceptions, the Trade Advisory Group (TAG) called on ITTO today to focus on rebuilding demand for tropical timber by communicating the “tremendous progress” producers have made on timber traceability, legality and sustainability.

Yokohama, 3 December 2024: The new European Union Deforestation Regulation, known as EUDR, which has been subject to considerable discussion in previous sessions of the International Tropical Timber Council, also received attention today as part of the Council’s Trade and Market Day.

Yokohama, 3 December 2024: ITTO should accelerate support for community-led implementation of its Guidelines for Forest Landscape Restoration in the Tropics to increase the effectiveness of restoration efforts and ensure that communities benefit from them, the Civil Society Advisory Group (CSAG) said in a statement today.