[Article, Ministry of Climate and Environment, 16.01.2014]
The EU Timber Regulation (Regulation 995/2010 laying down the obligations, of operators who place timber and timber products on the market) complements the EU's policy on illegal logging and trade. Illegal logging and related trade may contribute to deforestation and undermines legitimate business operations. This illegal activity may also degrade biodiversity and ecosystem services. In addition, it impacts the livelihoods of forest-dependent communities and indigenous peoples.