Deforestation Policy Europe’s effort to end deforestation has focused on blocking imported products from areas that have more recently undergone deforestation. It is important to note that deforestation occurs everywhere and can be offset by afforestation. According to the German Aerospace Centre, Germany has lost 5 percent (501,000 ha.) of its forests since 2018 due to climate change or the need to conduct pest management. Romania’s old-growth forests are reportedly being exploited by wood products makers. Eucalyptus trees are being made frost resistant and poplar trees pest resistant via genetic modification. Moreover, many forests are basically farmed trees, with those felled replaced by new trees that absorb more carbon in...

TAGS – Europe, North America, Macroeconomics