Amount of Timber Illegally Cut Worth over $30 Billion in 2012

International Police Organization INTERPOL reported in September 2012 that the value of illegal logging in 2012 was worth over $30 Billion a year. The figure reported by INTERPOL is double the $15 Billion reported by the World Bank in March 2012.

INTERPOL stated that over $8 Billion worth of illegal logging activities takes place in Indonesia alone.

Source:  James Melik, “Interpol clamps down on illegal logging,” BBC News, September 10, 2012.