Annual Revenues from Illegal Logging in Bulgaria at BGN 100 M - WWF

Society » ENVIRONMENT | September 24, 2014, Wednesday // 09:18
Bulgaria: Annual Revenues from Illegal Logging in Bulgaria at BGN 100 M - WWF Photo by BGNES

Revenues from illegal logging in Bulgaria amount to over BGN 100 M a year, according to a report of the World Wildlife Fund (WWF).

The WWF is to present a report on the matter Wednesday spanning the past 8 years.

Bulgaria has registered little progress in the fight against illegal logging over the past decade, with statistics showing that the annual amount of illegal tree felling reaches 2.4 million cubic meters, compared to a rate of 3.7 million cubic meters in 2005, according to the WWF, as cited by the Bulgarian National Radio.

However, the data is far from reassuring because illegal tree felling accounts for ? of the total output and generates hidden revenues of around BGN 100 M.

The WWF will present Wednesday various illegal logging schemes and concrete proposals for curbing the grey sector.

The debate is to bring together experts from non-governmental organizations and representatives of the government and forest enterprises.

We need your support so can keep delivering news and information about Bulgaria! Thank you!

Environment » Be a reporter: Write and send your article
Tags: World Wildlife Fund, illegal logging, NGOs
Advertisement All Are Welcome! Join Now!
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria