Abstract
This article critically reviews the socio-economic and environmental performance of large-scale logging companies operating in countries endowed with the dense tropical rainforest of the Congo Basin in Central Africa and offers possible solutions to problems identified. After independence, these countries formulated a series of strategies to attract foreign investment in the large-scale logging industry. Recently, while a plethora of policies and regulations have been designed to advance sustainable forest management in these countries, the sustainability of this industry has been brought into question in light of the impoverish state of local forest-dependent communities. Thus, the purpose of this paper is to examine the regulatory framework of this industry in the developing world, as well as assess their performance with a particular focus on six countries where the forests of the Congo Basin are concentrated in Central Africa.
Highlights
The policy of trade liberalization in many countries endowed with the dense tropical rainforest of the Congo Basin has created enormous opportunities for large-scale logging companies
This article critically reviews the socio-economic and environmental performance of large-scale logging companies operating in countries endowed with the dense tropical rainforest of the Congo Basin in Central Africa and offers possible solutions to problems identified
The purpose of this paper is to examine the regulatory framework of this industry in the developing world, as well as assess their performance with a particular focus on six countries where the forests of the Congo Basin are concentrated in Central Africa
Summary
The policy of trade liberalization in many countries endowed with the dense tropical rainforest of the Congo Basin has created enormous opportunities for large-scale logging companies (concessionaires). Timber production and other related forest products by large-scale logging companies have grown rapidly in these countries These companies are expected to contribute to the socio-economic development of local communities in which they operate and promote sound environmental management practices. We provide fundamental background information to the problem by describing the general regulatory framework of the less developed world vis-à-vis large-scale logging companies. The performance of these companies in six countries which are home to the forests of the Congo Basin is examined. We proffer possible solutions to problems identified and conclude with a brief discussion of the salient points
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