logoBC
Yaoundé - 30 November 2021 -
Public management

Deforestation : Cameroon’s proposed 15% increase in raw timber export duties’ not deterrent, Greenpeace Africa says

Deforestation : Cameroon’s proposed 15% increase in raw timber export duties’ not deterrent, Greenpeace Africa says
  • Comments   -   Monday, 22 November 2021 14:07

(Business in Cameroon) - Today November 22, 2021, environmental NGO Greenpeace Africa issued a release commenting on Cameroon’s plan to increase taxes on raw timber exports.

"The option to increase raw timber exports taxes is insufficient to effectively combat deforestation and climate change.  As it stands, the rise is not a deterrent, This increase in exit fees as it stands is not a deterrent," says Ranece Jovial Ndjeudja, Forest Campaign Manager for Greenpeace Africa.

According to the manager, for effective forest protection, a paradigm shift is needed through the promotion of alternatives that can stop tree cuttings.  Greenpeace Africa believes that the paradigm shift presents social and cultural benefits for communities as well as economic incentives that equal or even exceed that of the option currently promoted by the government.

Woodcutting, even selective cuts,  significantly place forest and wildlife at risk because it will likely facilitate the job for poachers, the NGO claim. To back its claim, it explains that to carry out their illegal activities, poachers take forest tracks that would not have been available if no trees were cut.

Meanwhile, in its draft 2022 budget, Cameroon explains that its decision to increase raw timber export rates would allow it to generate additional taxes and customs revenues. The revenue generation reason aside, the measure aligns with the CEMAC decision to heavily tax raw timber exports to discourage such practices.

S.A.

 

cameroon-sabc-group-contributes-xaf1-bln-for-the-implementation-of-noso-reconstruction-plan
In its capacity of executing agency for the reconstruction of the Northwest and Southwest, the UNDP resident representative signed a XAF1 billion...
subcontracting-the-cameroonian-electricity-sector-provides-xaf40-bln-annual-revenue-to-700-local-smes-smis
The 700 local firms offering subcontracting services in the Cameroonian electricity sector generate XAF40 billion turnover annually. The figure was...
south-korea-to-invest-xaf4-bln-for-the-construction-of-3-digital-campuses-in-cameroon-in-2022
South Korea will invest XAF4 billion for the construction of three digital campuses in Cameroon in 2022, according to Jonghan Kim, South Korean ambassador...
tax-on-money-transfers-cameroonian-taxpayers-association-acdc-denounces-a-double-taxation
In its 2022 draft budget submitted for the parliament’s review, the Cameroonian government has introduced a new tax on electronic money transactions. The...

Mags frontpage


Business in Cameroon n105: November 2021

Forget cash, Cameroonians are in on e-money!


Erwan Garnier: “Clearly, the Cameronian hospitality sector will develop”


Investir au Cameroun n115: Novembre 2021

Adieu le cash Les Camerounais s’emparent de la monnaie électronique


Erwan Garnier: « Le secteur hôtelier camerounais va clairement se développer »

  1. Most read 7 days
  2. shared 1 month
  3. read 1 month
next
prev