Jason Ross’ Post

🪵 Russia’s Timber Grab: Oligarchs Take Axe to Old-Growth Forests 🇷🇺 The exploitation of Russia's ancient forests continues unabated, with the Segezha Group, controlled by billionaire Yevtushenkov, engaging in large-scale deforestation. This timber is often traded to China and India, feeding into the global forest products supply chain. 🔎 Key Highlights: 1️⃣ Ongoing Deforestation: Despite claims of reforestation, investigative reports reveal that rare old-growth forests in Karelia are being systematically cut down. The Segezha Group has opted out of protections that previously safeguarded millions of hectares of ecologically rich forests, leading to significant environmental concerns. 2️⃣ Economic Pressures: Following sanctions imposed on Russian timber products by the EU after the invasion of Ukraine, the Segezha Group has prioritised short-term financial gains over sustainable practices. By withdrawing from the logging moratorium, they have opened up vast protected forest areas for exploitation, which has sparked outrage among environmentalists. 3️⃣ Long-Term Consequences: Experts warn that the rollback of protections compromises the future of Russia's timber industry. As the sector tarnishes its reputation, accessing ecologically sensitive markets may become increasingly unlikely, with decisions driven by immediate economic benefits rather than long-term sustainability. 🗣️ #questionforgroup: How can the global community influence sustainable practices in timber industries, particularly in regions where economic pressures lead to environmental degradation? What role can certification bodies play in promoting responsible forestry practices? 🔗 To delve deeper into the implications of this timber grab and its impact on global markets, click here: https://lnkd.in/gZNjmkeT #timber #wood #sustainability #deforestation #environment #russia #segezhagroup #segezha #climate #climatechange #stewardship #fsc #trade #conflicttimber #ukrainewar

Russia's Timber Grab: Oligarchs Take Axe to Old-Growth Forests | Wood Central

Russia's Timber Grab: Oligarchs Take Axe to Old-Growth Forests | Wood Central

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