The regulatory framework impacting trade in timber and wood products is evolving rapidly and becoming more complex, in the UNECE region as well as in the rest of the world. The Study follows rigorous econometric procedures to estimate the relationship between China’s trade potential with the different ECOWAS members section per the income level classification of the IMF. Specifically, the analysis begins with the descriptive analysis to determine the shape of the data. Next, we perform the correlation and multicollinearity test to ensure that the variables under consideration do not have a higher correlation between themselves.
Therefore, lower-middle-income and lower-income level countries are estimated differently. From The Forest looks for trade partners who hold the same values of service, quality, responsibility, and passion that we do. By partnering with contractors and companies who provide customers with superior service and care, we can help more people create their ideal home design with our products. In return, our partners reap the benefits of discounted trade pricing, personalized service and support, and more.
Natural resources represent the forest natural resources of the ECOWAS members. The Center for International Forestry Research (CIFOR and World Agroforestry joined forces in 2019, leveraging a combined 65 years’ experience in research on the role of forests and trees in solving critical global challenges. PEFC, the Programme for the Endorsement of Forest Certification, is a leading global alliance of national forest certification systems. Energy producing and consuming countries can mitigate these risks by promoting and protecting investment in the energy sector through the provision of appropriate legal frameworks, regulatory environments and tax incentives together with fair and transparent processes to foster public-private partnerships. World Agroforestry is a centre of science and development excellence that harnesses the benefits of trees for people and the environment. Leveraging the world’s largest repository of agroforestry science and information, we develop knowledge practices, from farmers’ fields to the global sphere, to ensure food security and environmental sustainability.
Our company operates in the CIS countries, we want to expand the range of our business and would like to provide you with our products. The SFT-LMR initiative is implemented by FAO and UNEP, with funding from the Government of Norway. Key outcomes include the development of national forest certification systems and related quality infrastructure mechanisms. What we do Why forests are important Forests play a critical role for the global environment, population and economy. They alleviate the effects of climate change and natural disasters, and represent some of the richest biological areas on Earth.
This shows how population growth in most developing economies could pivot bilateral engagement with wealthier nation and therefore should be accounted for in examining trade flows. Also noted that because population drives income growth it more likely to enhance trade than trade agreements. The study which examined total and sectorial trade between Columbia and South Korea also revealed that distance and limited sea routes decrease the likelihood of trade. Similarly found negative significant relationship between trade volume and distance barrier. Sustainable management of forest resources is far from a new concept in forestry.
The UNECE Sustainable Energy division has, inter alia, developed a dialogue on energy security risks and their mitigation. This exciting partnership will see us fully commit to developing a Sustainable Tropical Timber Information Hub, bringing FSC certificate holders of all sizes together – from smallholders, and SMEs, to multi-national corporations along the construction, timber and furniture value chains. The hub will provide a “one-stop-shop” experience providing information to buyers, sellers and other interested parties like trading companies and governments. Alongside the hub, we will develop a network of certified tropical timber trading companies that will be connected with their counterparts in China, going a step further to increase both supply and demand. The UN-REDD Programme is the United Nations Collaborative Programme on Reducing Emissions from Deforestation and forest Degradation (REDD+) in developing countries. The Programme was launched in 2008 and builds on the convening role and technical expertise of the Food and Agriculture Organization of the United Nations , the United Nations Development Programme and the United Nations Environment Programme .
After these issues are resolved, we move to the cross-sectional dependency test. Here since these countries are basically from the same continent and trade amongst themselves, there could be issues of cross-sectional connectedness. Therefore, we need to ensure the non-existence of this issue to avoid erroneous residual interpretation. Again, there is the need to determine the integration order of the variables, thus we employ the panel unit root test to determine if the variables are cointegrated at their level form or first level. Next, we estimate the model using the FMOLS to determine the relationship between the trade volume and the regressors. 2) The volume of forest products exports from middle-income ECOWAS countries is lower than that of low-income ECOWAS countries.
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The aim of the SFT-LMR initiative is to promote trade and sustainable forest management and reduce pressure on forests through improved governance in Cambodia, Lao PDR, Myanmar, Thailand, and Vietnam. The study examines the forest trade relationship between China and ECOWAS countries in the ECOWAS economic zone. Further, the ECOWAS panel is sub-divided by the income level classification per the World Bank.
Today, the model has been widely employed in analyzing determinants of a diverse route of trade engagements in Africa , Asia , Europe and other trade partners . In this paper, we model the gravity model of international trade based on previous and current literature to analyze China-ECOWAS forest products trade engagement. Finally, although forest resource endowment is frequently cited as a factor in determining forest exports, their effects and significance in our study were not valid. It is not surprising that the region per china’s trade deals contributes little compared with that of other regions within the African region.
The workshop was followed by presentations and discussions on the prices of forest products and round wood during the 32nd Joint FAO/UNECE Working Party on Forest Economics and Statistics on 24 and 25 March. The UNECE thanks the WTO for having initiated this debate and is grateful for the opportunity to address the relationship between international trade and natural resources. The UNECE addresses the management of natural resources through a number of different programmes (e.g. through the UNECE Water Convention, through national environmental performance reviews, etc.). However, our comments will focus specifically on two areas, namely Energy and Forestry. From Table 3 we observe a description of the data set based on the selected variables; Trade volume of exporter country , GDP and Population of both partners, natural resource endowment, Institutional quality, and Infrastructural development of exporter of different groups.
Forest Trade Potential Nexus between China and FOCAC Members: A Gravity Model Approach
We offer a variety of sample sizes to choose from to suit your needs and help you and your clients make an informed decision about your design. We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. Forest Trends works to promote investments, markets as well as other payment and incentive mechanisms for a broad range of ecosystem systems and services. In rare cases of reports of unavailability, we will refund within 24 hours.
Whether you’re a forest owner or company within the forest supply chain, get PEFC certified and help protect the world’s forests. Facts and Figures 280 million hectares of PEFC-certified forests, 20,000 chain of custody certified companies… Assuring compliance petrorabigh stock We assure that the certification process is robust and credible through the separation of roles and reliance on proven ISO standards. Standards & implementation Standards and Guides Some of our most important international standards and guides at a glance.
Position： List Of Companies China Dongguan Forest Trade Co , Ltd.
The forest area can be expanded through natural extension but also by actively establishing new plantations. The boundary between plantation and natural forest is less well identified than the one between aquaculture and natural fish stocks for example. Last but not least, there are many different ways to manage the forest, which also impact on the quantity and quality of forest stocks. The valuation of these services remains an open question which is, for instance, at the heart of current REDD and REDD+ mechanisms.
For business Supply chain companies Why PEFC Chain of Custody certification is right for your business. Donate Your support is an important contribution to the long-term sustainability of our forests. Contribute to standards Help us to ensure our PEFC standards, internationally and nationally, meet your expectations. Get certified Whether you’re a forest owner or company within the forest supply chain, get PEFC certified and help protect the world’s forests. And we can make our clients’ business more profits and secure via our valuable work. Alternatively, we supply the service of Third party payment guarantee in order to our clients’ business be secure.
Legal and Sustainable Forest Management and Trade
To launch the project from PEFC’s side, PEFC organized the kick-off project meeting, which took place on 4 February. There were representatives from key project partners in five project focused countries and other broader partners at ASEAN and Asia-Pacific levels. How our standards are developed Our international standards go through a detailed and rigorous development process. Buy PEFC-certified products We need to use our forests, but we must do so sustainably. What you can do Look for the PEFC label One of the simplest ways you can help protect our forests is to look for the PEFC label on products.
EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets. Over the past ten years, China has announced high level commitments to address climate change, including making pledges to exclude timber and agricultural products linked to illegal deforestation. At the same time, Chinese industries have made similar voluntary commitments.
From Forest Trade BV to the Stadium
The Programme supports nationally led REDD+ processes and promotes the informed and meaningful involvement of all stakeholders, including indigenous peoples and other forest-dependent communities, in national and international REDD+ implementation. Additionally, the programme supports national REDD+ readiness efforts in 65 partner countries spanning Africa, Asia-Pacific and Latin America. Meeting global expectations An independent assessment process ensures nationally developed forest management standards meet our requirements. Our trade program partners receive discounted trade pricing and other benefits to help them better serve their customers.
At the same time, this paper also analyses the trade impact of the size of forest while considering other vital elements such as institutional quality, infrastructural development, and China’s population among other economic variables. The analysis is conducted grounded on the widely held gravity model technique, which has been evidenced due to its potency in elucidating diverse cases in international trade, predominantly bilateral trade. The main purpose of this paper is to analyze the factors affecting ECOWAS-China forest product trade based on the gravity model hypothesis for understanding future difference between database and data warehouse policies given the growing exports of timber resources from the West African States to China. The gravity model of international trade is grounded on Newton’s law of gravitation and assumes that economies will trade based on economic size and distance .
Designing and building the perfect home takes more than just quality products, though. Our trade program includes interior designers, decorators, contractors, and other professionals who help customers turn their dream designs into a reality. The report also includes a section on trade between China and the US, focusing on implications for US importers conducting Due Care on Chinese timber product imports, as required under the US Lacey Act. The wood market is currently evolving fast because of rising demand for wood energy, notably wood pellets. Growth in the use of wood in construction for green building could also fuel demand. This increasing demand for wood may trigger competition with other wood users such as the paper and paperboard industries and may significantly impact trade patterns.
Become a member Demonstrate your commitment and activate your support to forests and PEFC by becoming an international stakeholder member. We would like to contribute on the international business via our trade network in world. We strive to provide verified company registration details, information like company size, shareholders, structure, financial performance, credit-worthiness, rating, risk assessment, patents, certifications, legal case or arbitration, company KYC, company performance analysis, and overall due diligence. Our main objective is to produce semi-finished products everfx review of hardwood timber as input material for furniture, flooring, window frames, doors and stair cases. CIFOR advances human well-being, equity and environmental integrity by conducting innovative research, developing partners’ capacity, and actively engaging in dialogue with all stakeholders to inform policies and practices that affect forests and people. CIFOR is a CGIAR Research Center, and leads the CGIAR Research Program on Forests, Trees and Agroforestry .The Global Landscapes Forum is led by CIFOR, in collaboration with its co-founders UNEP and the World Bank and Charter Members.