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🌍 The EU’s €1.5B Lie: Illegal Russian Timber Is Everywhere in Europe! 🪵 A m new report by Earthsight reveals that over €1.5 billion worth of illegal Russian timber has flooded the European Union since mid-2022, undermining sanctions and raising serious ethical concerns. This extensive investigation highlights the alarming ease with which smugglers are able to launder plywood through third-party countries and into the EU market. 🔎 Key Highlights: 1️⃣ Widespread Smuggling: The report indicates that all 27 EU member states are implicated, with an estimated 500,000 cubic meters of Russian timber entering Europe. This timber, often labeled as "blood timber," is being sold in various consumer products, from flooring to furniture, effectively making a mockery of international sanctions. 2️⃣ Complicit Companies: Earthsight's investigation caught numerous European companies on camera and in conversations admitting to the illegality of their practices. Notably, these firms are supplying some of the biggest names in the industry, including manufacturers for the upcoming Paris Olympics, raising questions about corporate responsibility and compliance. 3️⃣ Call for Action: Earthsight warns that current enforcement efforts are inadequate, with Brussels failing to coordinate national responses effectively. The organization advocates for amendments to sanctions that would include goods manufactured with Russian timber sourced from third countries, closing existing loopholes and enhancing enforcement capabilities. 🤔 #questionforgroup: How can the EU strengthen its regulatory framework to prevent the importation of illegal timber? What role do businesses play in ensuring ethical sourcing and compliance with international laws? 🔗 To read more about the findings of Earthsight and the implications for the timber market in Europe, click here: https://lnkd.in/gcpidvQ9 #illegaltimber #sustainability #environmentalethics #timbertrade #euregulations #corporateresponsibility #earthsight #forestprotection #supplychaintransparency #globaltrade #timberfraud #sanctions #ethicalsourcing #forestconservation #environmentalpolicy #tradecompliance #businessethics #deforestation #marketaccountability #internationallaw

Daniel-Paul Dima

Senior Consultant & Board Member for: Sustainable Wood-Based Bioeconomy - Cost-Efficient and Eco-Effective Wood Harvesting in Difficult Terrain - Timberland Investment and Management - Books and Booklets on Thin Paper

2mo

The name of the game: hypocrisy! While the US keeps buying wood products from Russia, particularly birch plywood that it further uses for lining the interior of LNG carrying vessels sailing across the Atlantic, the EU is playing stupid and deserves its current predicament ... the free falling state of economy and whatever social upheavals this might incur!

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