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.
On May 23, 2019 the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) will begin its annual meeting CoP18. At this meeting, it will be proposed that a group of tree species commercially referred to as Ipe, be included in the CITES species listing (Appendix II).
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.
A recent study conducted in Pará, Brazil sheds a light on how Ipê logs enter supply chains illegally through fraud … More