Ipe tree in Brazil

Withdrawal of Ipe CITES proposal #49 from CoP18 – more risk for buyers?

The withdrawal of the Ipe CITES proposal increases the likelihood that environmental NGOs take it upon themselves to regulate the trade of Ipe through the enforcement of timber trade regulations such as The Lacey Act, EU Timber Regulation, and others.

Advertisements

IBAMA identifies 22 suspects involved in the illegal logging of Ipe in Mato Grosso

The illegal Ipe was laundered using forest credits coming from fraudulent forest management plans and shell companies. The credits for each cubic meter of Ipe can be sold for as much as $R 800 (US$ 215) on the black market.