Enviro News Asia, Yokohama — The International Tropical Timber Organization emphasized the vital role of forests in supporting global economies during the International Day of Forests 2026, under the theme “Forests and Economies.”
The organization stated that sustainably managed tropical forests contribute significantly to economic prosperity while preserving ecosystems essential for human well-being. Forests provide food, water, medicine, timber, and non-timber resources, supporting millions of livelihoods, particularly in tropical regions.
ITTO Executive Director Sheam Satkuru stressed that economic growth and forest conservation are interconnected, noting that sustainable forest management generates jobs, strengthens communities, and supports biodiversity, water systems, and climate stability.
The organization highlighted that forests play a critical role in addressing global challenges, including climate change, biodiversity loss, and water security, while also contributing to employment and income across forest-based value chains.
Wood remains central to the forest-based bioeconomy, serving as a renewable and climate-friendly material. When sourced responsibly, it can reduce emissions and provide an alternative to carbon-intensive materials such as concrete, steel, and plastics.
Growing demand for timber, non-timber forest products, and ecosystem services presents opportunities for economic development, but ITTO emphasized that innovation and sustainable practices are essential to prevent resource depletion.
Sustainable forest management also supports inclusive economic solutions by integrating conservation, restoration, and community livelihoods. Forest products such as fruits, honey, and medicinal plants contribute to food security and income generation, especially in remote areas.
ITTO further noted that investment in governance, technology, and human capacity is necessary to unlock the full economic potential of forests. Initiatives such as supply chain transparency, digital tracking tools, and capacity-building programs are being promoted to strengthen responsible forest management.
The organization called for stronger collaboration among governments, local communities, the private sector, and international partners to develop sustainable forest-based bioeconomies.
ITTO reaffirmed that forests represent both a climate solution and a development opportunity, urging stakeholders to support sustainable practices that balance economic growth with environmental protection. (*)
