Why should a bank in Europe care about the haze in Singapore or forest fires in Indonesia? First: credit risk. If a bank finances a plantation involved in open burning, the borrowing company can face fines and other penalties under Singapore’s Transboundary Haze Act. Similarly, banks can see a deterioration in their client’s credit profile […]

The theme of this year’s Asia-Pacific Forestry Week is “Growing our Future,” and it focuses on the need to integrate forestry into the wider context of sustainable development. This is an issue that is especially relevant to Vietnam. Wood is one of our country’s most valuable resources. The livelihoods of hundreds of thousands of people […]