Report Release

The achievements of the Global Timber Index, the Blockchain-based Timber Traceability System, and other initiatives, will be showcased.

Global Timber Index (GTI)

The Global Timber Index (hereinafter referred to as GTI) is compiled based on the survey of leading timber enterprises from the main timber producing and consuming countries. The questionnaire is disseminated to the timber enterprises monthly and the Secretariat of Global Green Supply Chains Initiative (hereinafter referred to as GGSC) organizes the experts to calculate and compile the GTI report, based on statistical analysis of the collected data and information.

With the support of the International Tropical Timber Organization (hereinafter referred to as ITTO), GGSC has set up focal points in the pilot countries.  At present, focal points have been established in 9 countries, including Indonesia, Malaysia, Thailand, Gabon, Republic of the Congo, Ghana, Brazil, Mexico and China. The questionnaires will be completed and collected by these focal points from 25th to 30th every month. The GTI reports will be regularly released to stakeholders of global forest products industry.

For the report released last year, please refer to:

GTI Annual Report (2022-2023).pdf

Blockchain-based Timber Traceability System (BTTS）

With the support of the International Tropical Timber Organization (ITTO) and the Commerce and Investment Promotion Institute of the Macao Special Administrative Region (IPIM), the Blockchain-based Timber Traceability System aims to establish a traceability platform based on the China-Africa timber circulation chain, assisting stakeholders in the timber industry to achieve more cost-effective and efficient verification of legality and sustainability for timber and timber-based products. The project has identified critical business processes and international certification standards in the Africa-China timber circulation, successfully built an IT traceability platform that adapts to real-world business scenarios and international standards, and made it possible to document and assess the legality of the information of timber and timber-based products on the chain. Moreover, the project has selected and invited pilot units to test the platform, successfully verifying the feasibility and effectiveness of the system. In the future, BTTS will be compatible with more diverse business scenarios and certification standards, fostering collaboration among all parties to establish a fairer and more sustainable timber circulation system. Through these efforts, the project aims to build a robust infrastructure for the timber industry, with the aspiration of contributing to climate change mitigation and sustainable development.

For the report released last year, please refer to:

The Report on Pilot Operation of Blockchain-based Timber Traceability-20231117.pdf