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Rome: The
forest sector in the Russian Federation needs to be modernized using
innovations and breakthrough technologies to maximize its potential as a
global mitigator of climate change and an important source of timber,
according to a new study presented today by the Food and Agricultural
Organization of the United Nations (FAO) and the Government of the
Russian Federation.
Sprawling from the
Baltic Sea to the Pacific Ocean, Russia has more than a fifth of the
world's forests, which makes it the largest forest country in the world.
However, the considerable potential of Russian forests is underutilized
and Russia's share of the global trade in forest products is less than
four percent. Lack of governance, outdated equipment and underfinancing
are among major factors that impede the development of the Russian
forest sector, according to the report.
The
Russian Forest Sector Outlook Study to 2030 urges immediate action on
modernizing the Russian forest sector, increasing its investment
attractiveness, stimulating domestic demand for forest products such as
wooden housing and furniture, addressing the illegal logging issues and
reforming forest public institutions and legislation.
"The
study broadens our knowledge about the huge opportunities and possible
development potential of the Russian Federation's forest sector," said
FAO Assistant Director-General for Forestry Eduardo Rojas-Briales.
"Modernizing Russia's forests will have a positive impact on social,
economic and environmental conditions in the Russian Federation and will
contribute to the development of world forestry, forest industry, wood
trade and the environment."
