Solomon Islands warned of collapse of its top export industry
Updated
Solomon Islands risks the collapse of its largest export industry if the government does not take immediate action, according to a new economic report released by Greenpeace. Logging accounts for almost 70 per cent of Solomon Islands export income but so much timber is being cut down that it threatens future exports. A recent report by the International Monetary Fund predicted all natural commercial forests will be gone by 2014, leading to a drastic loss of income. The Greenpeace report ' Securing the Future: An an Alternative Plan for Solomon Island Forests and Economy', says that there is a way to avoid a logging-induced economic collapse.
Presenter: Jemima Garrett.
Speaker: Forestry expert Grant Rosoman, author of Greenpeace's new report
