Abstract

The provided text delves into Ghana's forest policies, timber laws, and the concept of "smart regulation." It traces the development of forest policies, starting with the initial focus on preserving forests for water supply and climate conditions. The text outlines subsequent policies that addressed the emerging timber industry and its challenges. It also highlights the evolution of regulation, including attempts to control timber concessions and combat illegal logging. A significant focus is on the "smart regulation" concept, which proposes a middle ground between traditional top-down regulation and deregulation. The text examines Ghana's adoption of this approach through various policies, particularly the Voluntary Partnership Agreement (VPA) with the EU, aimed at ensuring the legality of timber trade. This VPA introduces legality requirements and a tracking system. The abstract underscores the shift from earlier policies towards more balanced regulation, incorporating both governmental and non-governmental elements. It discusses Ghana's strategies to promote sustainable timber industry growth while addressing environmental and social concerns.

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