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International buyers of forest products know the importance of identifying sustainable and legal sources—they also know this is challenging in today’s complex global markets. Around the world, private and public procurement policies are focusing on ways to eliminate illegal fiber from supply chains. This includes a shift from voluntary to mandatory government regulations, such as the amended Lacey Act in the United States and the European Union Timber Regulation. At this RFF First Wednesday seminar, panelists looked at the impacts of this critical international issue, the changing regulatory regime, and some of the tools available to help buyers avoid illegal forest products. They explored the role of third-party forest certification in forest trade and previewed the Forest Legality Alliance’s new risk information tool. |