By Environmental Investigation Agency
One of the poorest countries in Latin America, Honduras is losing up to $18 million a year in lost stumpage fees and other forest-based revenue. Yet this is only the tip of the iceberg of a massive, nationwide, resource rip-off by major timber and wood product producers and their high level political backers. An estimated 80% of mahogany and up to 50% of pine — Honduras’ main timber export — is produced in violation of government regulations.
Washington, DC: Environmental Investigation Agency, 2005. 48p.