Slide 25 of 27
Notes:
As governmental regulations become more onerous, they lessen the need for forest certification -- so far as increasing the level of sustainability is concerned. Thus, land owners may not see a need to gain certification. However, if the indirect costs of achieving certification are simultaneously reduced, land owners may seek certification to retain market share. At the present time it appears that large buyer groups are creating the demand for certified forest products. However, it is not clear if price incentives will further stimulate forest certification to higher levels.
