Third Announcement
Global Legal and Sustainable Timber Forum, GLSTF 2024
11–12 September 2024
MGM COTAI, Macao SAR, China
Background
Recent development shows that the timber industry needs to collaborate even more closely
among stakeholders including timber producers, buyers, processing industry and market
players nationally and internationally. It must address issues in global timber supply chainsarising from the post-pandemic and other uncertainties and must bridge the widening gap
between demand and supply for wood products. It is also essential to sustain and enhancecollaboration and exchange views and information, among timber industry stakeholders
worldwide with the aim to building a sustainable collaborative platform in promoting legal
and sustainable timber supply chains.
The ITTO’s Legal and Sustainable Supply Chain (LSSC) Programme is aimed at building legal
and sustainable supply chains. As part of the LSSC Program, ITTO and Macao SAR Commerceand Investment Promotion Institute (IPIM) are partners under a collaborative frameworkagreement to co-host the Global Legal and Sustainable Timber Forum (GLSTF), to accelerate
the development of legal and sustainable timber supply chains.
The GLSTF inaugural forum 2023 was held on 21-22 November 2023 in Macao by the ITTO
and IPIM in collaboration with the Global Green Supply Chains Initiative (GGSC). The GLSTF
2023 was the first global forum under this partnership focused on measures to be consideredto improve the legality and sustainability of tropical timber supply chains. This milestone
event brought together nearly 700 participants from 36 countries. The GLSTF 2024 isscheduled in September 2024 in Macao, providing continuity on these efforts on an annual
basis.
Objective
The GLSTF 2024 aims to enhance networking, collaboration, and business exchange among
timber industry stakeholders—producers, buyers, processors and market players tostrengthen support for sustainable forest management, and the uptake of legal andsustainable wood product supply chains to facilitate the legal and sustainable use and trade1

of wood products in a stable, transparent and predictable business environment while
contributing to sustainable development and climate-change mitigation.
Date & Venue
11-12 September 2024 at the MGM COTAI, Macao SAR, China.
Co-hosts & Organizer
The GLSTF 2024 will be co-hosted by the ITTO and the IPIM and organized by the Secretariatof the GGSC. Specialized sub-forums will be co-organized by partner agencies and the ITTO,
the IPIM and the GGSC.
Forum Structure
The GLSTF 2024 will have two components:
1) The Global Legal and Sustainable Timber Forum (main forum).
2) Four Specialized Sub-forums (sub-forums).
Theme & Topics
The theme of the GLSTF 2024 will be “Together Towards Reliable and Effective Global Timber
Supply Chains”.
The main forum will discuss topics related to reliable and stable timber resource supplies,
trust and effectiveness along the timber supply chains and prospects for revitalizing global
timber supply chains.
The specialized sub-forums will be organized by partner agencies, contributing to the theme,with selected topics on timber legality and sustainability; sustainable timber resources,
markets and trade; advanced technology and machinery for wood processing; green financeand innovative facilitating measures.
Legal and Sustainable Timber Industry Display
A legal and sustainable timber industry display will be organized in parallel with the GLSTF
2024, at a scale of around 30 booths.
Other Events & Activities
The achievements of the Global Timber Index (GTI) and the Blockchain-based Timber Tracking
System (BTTS) as well as others will be released at the GLSTF 2024. Other business activities
and side events, such as B2B matchings, will be arranged accordingly.
Participants

2

The GLSTF 2024 is expected to attract around 700 participants from wood enterprises andtrading companies, industrial and business associations, governments, internationalorganizations, research institutions, etc.
Languages
The GLSTF 2024 will feature simultaneous interpretation in Chinese (Mandarin), English,
French, Spanish and Portuguese.

The draft agenda for the GLSTF 2024 and the Concept Notes of Specialized SubForum 1 - 4 are attached.
For forum registration click: https://en.glstf.net/reg/reg-step1-en.php
For more information contact:
GGSC Secretariat: Ms. Gao Xuting at gaoxuting@itto-ggsc.org
ITTO: Mr. Li Qiang at li@itto.int
IPIM: Mr. Kevin Fong at pa@ipim.gov.mo3

Draft Provisional Agenda

Global Legal and Sustainable Timber Forum, GLSTF 2024
11–12 September 2024
MGM COTAI, Macao SAR, China
Day 1 (Wednesday, 11 September)Time

Events and Topics

08:30-09:30

Registration
Opening Ceremony and Group Photo Session
Master of Ceremony: TBC• Welcome remarks by the high-level official of Macao SAR.
• Opening remarks by the Executive Director of ITTO.
Keynote Addresses
Moderator: Mr. Vincent U, President, Macao SAR Commerce and Investment
Promotion Institute (IPIM)•
Promoting reliable global timber supply chains in the uncertain world: Forest
Ministers.
•
Improving the efficiency and effectiveness of timber supply chains: globallyrenowned expert.
•
Practices of private sector in promoting sustainable development: TBC
Coffee Break
High-Level Segment: Together Towards Reliable and Effective Global Timber
Supply Chains
Moderator: Ms. Sheam Satkuru, ITTO Executive Director
Panel Discussion (60m):•
Forest ministers, leading entrepreneurs, heads of international organizations,and renowned experts.
Q&A (10m)
Achievements Release
The forum related achievements will be released.
Lunch BreakSession I: Restoring Reliable and Stable Supply of Timber ResourceThis session will focus on discussing confidence, stability, and partnerships along the
upstream of timber supply chains, including forest management, timber resource
supplies, timber trade requirements and regulations (EUDR, Log-ban, CITES, etc.),
certification schemes, legality verification, traceability and sustainability assurance
systems.
Moderator: TBC
Presentations (30m):

09:30-10:00

10:00-10:50

10:50-11:00

11:00-12:10

12:10-12:30
12:30-14:00

14:00-15:20

4

Identifying uncertainties and challenges on legal and sustainable timber
supplies.
•
Building partnerships in mutual recognition and trust between timber supply
and demand sectors.
•
Exploring ways and measures in promoting global legal and sustainable timber
supply chains.
Panel Discussion (40m):•
Representatives from government agencies, timber enterprises, certification
organizations, timber association, etc.
Q&A (10m)
Session II: Enhancing Trust and Effectiveness along Timber Supply Chains
This session will discuss how to achieve effective collaboration along global timber
supply chains to reduce costs and increase efficiency. This topic involves aspects
such as accurate matching of supply and demand, technological integration andinnovation, market facilitating measures, etc.
Moderator: TBC
Presentations (30m):•
Bridging the mismatch and imbalance between timber supply and demand.
•
Promoting trade facilitation of timber and timber products.
•
Accelerating technological integration into and innovation of the timberindustry.
Panel Discussion (40m):•
Representatives from governments, international organizations, timberenterprises, technology companies, timber associations, etc.
Q&A (10m)
Session III: Prospects for Revitalizing Global Timber Supply Chains
This session will explore the transformative measures and solutions for revitalizing
global timber supply chains, especially the idea of trans-boundary fusion will
provide more possibilities and development potentials, such as the fusion of timberclusters and special industrial zones, green finance and technologies, value chain
and ecosystem services (ESs), etc.
Moderator: TBC
Presentations (30m):•
Enhancing matchings and collaboration between special industrial zones andtimber manufacturing clusters.
•
Encouraging innovative ways and means for industrial collaboration.
•
Exploring possible solutions towards better legal and sustainable timber
supply chains towards achieving the SDGs.
Panel Discussion (40m):•
Representatives from government agencies, high-profile timber enterprises,
financial institutions, timber association, etc.
Q&A (10m)
Forum Wrap-up•

15:20-16:40

16:40-18:00

18:00-18:10

5

Day 2 (Thursday, 12 September)Time

Events and Topics
Specialized Sub-forum 1: Timber Legality and Sustainability
Discussions will focus on responding to emerging timber trade requirements,
including tropical timber producers’ responses towards emerging timber traderequirements (EUDR), and national forest certification schemes to support legal andsustainable supply chains.
Specialized Sub-forum 2: Resources, Markets and Trade of Legal and Sustainable
Timber
Discussions will focus on the sustainable development of global timber resources andthe global legal and sustainable timber trade.

Specialized Sub-forum 3: Advanced Technology and Machinery for Timber
Processing
Morning
Discussions will focus on the latest progress of new technologies and new products in
Sessions
the timber industry, sharing best practice of the advanced technologies and
09:00-13:00 equipment in promoting legal and sustainable timber trade, probe common
challenges and obstacles in collaborative innovation between upstream anddownstream along timber supply chains and explore international solutions that
promote low-carbon, digital, and smart development of the global timber industry.
Specialized Sub-forum 4: Global Forest Sustainability and Supply Chain FinanceDiscussions will focus on the New Financial Opportunities in Forest Sustainability,
involving Current Status of Global Forestry Investment and Financing, Challenges andBusiness Opportunities Brought by Global Forest Sustainability, Supply Chain Finance
Innovation Protecting the Sustainable Future of Forestry. All the debates aim to seeksinnovation in institutional mechanisms, policy systems, industrial models, andfinancial products, and explores systematic solutions for green finance to support thesustainable development of forestry
Lunch Break (Self-arrangement required)Side events will be organized on requests:•
B2B matchings•
Closed-door meetings for ministers, leading enterprises, and financial
Afternoon
institutions
Sessions•
Panel Dialogue on She Power for the Sustainable Development of Global Timber
Industry
14:00-17:30•
Global Forestry Youth Leadership Workshop: Wood and Bamboo Sustainable
Buildings•
Others
13:00-14:00

6

16:30-17:00
2 DaysPress Conference• Representatives of ITTO, IPIM, GGSC, and other stakeholders.
Legal & Sustainable Timber Display
The exhibits may include raw timbers, floorboards, wooden doors, wood products,
furniture, machinery, etc.

7

Concept Note of Specialized Sub-Forum 1
onTimber Legality and Sustainability Responses to Emerging Timber Trade Requirements
12 September 2024, Macao SAR, China

Organized by
ITTO (International Tropical Timber Organization)
12 September 2024, 09:00-13:30

Session 1:
Potential impacts on and responses to tropical timber producers towards
emerging timber trade requirements (EUDR)
Session 2:
Updates on national forest certification scheme to support legal andsustainable supply chains
I. Background
Forest-based enterprises and international timber trade add value to tropical forests and cancontribute significantly to sustainable economies and livelihoods. For decades, tropical timber
has grappled with numerous challenges and even threats as it struggles to maintain its stakein the international timber markets. It is now essential and urgent for tropical timber
producing countries and the international tropical timber trade to adopt a positive andproactive approach to addressing the priority challenges of weak forest governance throughclear and coherent strategies for reforming and strengthening forest governance and reining
in illegal logging and trade more efficiently and effectively. This should form the basis for
preparing the readiness of tropical timber producers to respond to emerging requirements of
the international timber trade.
Tropical timber producer countries need to regularly assess the situation of competitivenessof their products in international markets to ensure continued maintenance of production
8and trade of sustainably managed tropical timber and timber products. Ensuring sustainable
tropical timber trade requires optimizing the utilization and improving productivity of
production forests, which will, in turn, benefit conservation and protected forests, in termsof reducing pressures and disturbances. A key requirement of sustainability is compliancewith all relevant legal frameworks. When timber is legally and sustainably produced,
processed, traded, and used, the industry enhances the value of standing forests, greatly
reducing the risk of deforestation, and making a major contribution to the achievement of
the sustainable development goals.
The perception that illegal operations are widespread in tropical forests taints the image ofthe tropical timber sector in certain major import markets and while some markets have
responded by tightening requirements for legality and sustainability to provide assurance forbuyers and consumers for effective action in this regard. Concerned over illegal logging and
its associated trade contribution to global deforestation and forest degradation and wishing
not to be associated any longer with these persistent problems, major consumers havedecided to enact laws to regulate their market, giving preference to legality and sustainability.
This specialized sub-forum will discuss issues related to timber legality and sustainability
among different stakeholders in the context of the “EU Regulation 2023/1115 of theEuropean Parliament and of the Council”, or EUDR for short. This regulation will have asignificant impact on the tropical timber trade in the EU, and it also has serious implications
in tropical timber producing countries. The producer countries need to strengthen theirmonitoring and controlling system to ensure only legal and sustainable timber traded alongsupply chains by means of promoting the development of national schemes forest
certification.
II. Terms of Reference
2.1 Purpose and Scope
The purpose of this specialized sub-forum is to share experiences and to learn from different
points of views voiced by actors along the supply chains of timber and timber products on
aspects related international timber trade requirements and national forest certification
initiatives being developed by producer countries to ensure legality and sustainability oftraded timber. Promoting the development of national schemes forest certification will
facilitate respective authorities and business actors to deal with imposed trade requirements
at both national and global scale.
The specialized sub-forum will be divided into two sessions: 1) Potential impacts on andresponses to tropical timber producers towards emerging timber trade requirements(EUDR); 2) Updates on national forest certification schemes to support legal and sustainablesupply chains.
Session 1: Potential impacts on and responses to tropical timber producers towards
emerging timber trade requirements (EUDR)
9The wood product sector now faces significant challenges with the implementation of the
EUDR. In-depth discussions are already underway in many countries and sectors on how
best to meet the requirements of the EUDR without adding unnecessary costs or leading todiscrimination against certain operators.
Session 1 will update the status of producer countries’ readiness towards the full
implementation of EUDR. Regulation is of course essential to build legal and sustainablesupply chains, but trade regulations in major timber consuming markets need to be consistent,
and tropical countries need support and investment in capacity building to allow theircontinuing market access. There is a need for smart regulations that do not unnecessarily addtransaction costs that might undermine the relative competitive position of legal andsustainable timber.
More importantly, we need to know whether and how far will the impact of these regulations
be on efforts to combat illegal logging, poor governance, deforestation and forest
degradation in the tropics and whether there are any significant unintended consequencesthat may arise for the tropical timber trade and industry.
This will lead to a synthesis of lessons that can inform the development and implementationof timber legality policies, strategies and action plans by governments, private sector, civilsociety organizations, SMEs and local communities.
Session 2: Updates on national forest certification scheme to support legal and sustainablesupply chains
The Specialized Sub-forum 1 will also highlight the role of forest certification as the voluntary
process whereby quality of forest management and production will be assessed against
predetermined set of requirements to inform consumers about the sustainability of theforests from which wood and other forest products were produced.
In Session 2, the discussion will focus on national forest certification schemes development.
Several selected producer countries will be invited to update their progress in developing thenational forest certification. The potential of advanced technologies to be integrated for
obtaining robust schemes will also be explored to support authorities and traders in
identifying the legality and sustainability of traded timber and timber products along the
supply chains.
Participants150-200 participants are expected to represent government, business actors, trade andindustry organizations, academics, and civil society. Ensuring diversity among stakeholders
present at this event will allow for fruitful debate and strengthening of cross-sectoralcollaboration and partnership.
2.2 Roles and Responsibilities of the organizer for Preparation and Carrying out theSpecialized Sub-forum 1
10

The organizer, in consultation with the GGSC Secretariat as the forum organizer, will oversee
the overall organization of the sub-forum.
The organizer will prepare the draft Session’s agenda (including proposed Session’s
personnels: moderator, facilitators, speakers and rapporteurs) to be discussed and reviewed
with the partner.
The organizer will share responsibility to invite Session’s personnels. In coordination with
GGSC and Macao IPIM, the organizer will liaise with the invitees for their traveling andaccommodation arrangement.
The organizer will prepare the Session’s report to be submitted to the Forum Organizer.
2.3 Programme and ScheduleThursday, 12 September 2024Time

09:00-09:15

09:15- 11:10

11:10-11:25
11:25-13:15

Events and Topics
Opening Session 1
Remarks by Sheam Satkuru, ITTO Executive Director[Moderator]
Sheam Satkuru[Rapporteur]
ITTO
Session 1: Potential impacts on and responses to tropical timber producers
towards emerging timber trade requirements (EUDR)
Speaker 1: ‘‘EUDR: The Latest Developments and Their Implications for Tropical
Timber’ - 15 minutes
Speaker 2: (Africa) Country’s response to EUDR implementation - 10 minutes
Speaker 3: (Latin America) Country’s response to EUDR implementation - 10
minutes
Speaker 4: ‘Vietnam at the Crossroads of EUDR Implementation’ - 10 minutes
Speaker 5: ‘Impacts and Implications of EUDR Globally’ – 10 minutes
Panel Discussion (60 minutes): Selected Panelists[Moderator]
Sheam Satkuru, ITTO
[Rapporteurs]
ITTO
Short BreakSession 2: Updates on national forest certification schemes to support legal andsustainable supply chains
Speaker 1: Updates on India national forest certification scheme in India – 10
minutes1113:15-13:30

Speaker 2: Updates on Ghana national forest certification scheme -10 minutes
Speaker 3: ‘25 years on: The Case of the Malaysian Timber Certification Scheme’ 10 minutes
Speaker 4: Updates on Guyana national forest certification scheme - 10 minutes
Speaker 5: ‘Promoting Legal and Sustainable Supply Chains Towards Forest
Certification Scheme in Thailand’ - 10 minutes
Panel Discussion (60 minutes): FSC representative, PEFC representative and otherselected panelists.
[Moderator]
Dr. M. Nurudeen Idrisu, ITTO
[Rapporteurs]
ITTO
Closing
Ms. Sheam Satkuru

CONTACT PERSONS:ITTO Secretariat: Tetra Yanuariadi – tetra@itto.int; Elsie Yang – yang@itto.int; Mr. Li Qiang –li@itto.int;

12

Concept Note of Specialized Sub-Forum 2
onSustainable Timber Resources, Markets and Trade Integration of New Patterns in Global Timber Market
12 September 2024, Macao SAR, China

Co-organized by:
China Timber & Wood Products Distribution Association (CTWPDA)
andInternational Tropical Timber Technical Association (ATIBT)
12 September 2024, 09:00-12:00
China Timber & Wood Products Distribution Association (CTWPDA) and the International
Tropical Timber Technical Association (ATIBT) as partner agencies will co-organize theSpecialized Sub-Forum 2 on Sustainable Timber Resources, Market and Trade. This Sub-forum
aims to discuss key issues such as sustainable development and utilization of global timberresources, market expansion and trade facilitation, and delegates will also participate in themain forum, exhibition and B2B meeting. We sincerely invite you to gather with global
industry elites to face the challenges and grasp the opportunities.
Programme
11 September 09:30-18:00:

Global Legal & Sustainable Timber Forum, 2024

12 September 09:00-12:00:

Sub-Forum 2: Sustainable Timber Resources, Market and Trade

12 September 14:30-16:30:

Specialized Business Matchmaking

Background
The Sub-Forum on Sustainable Timber Resources, Markets and Trade of GLSTF 2023 was
successfully held in Macao SAR, China on 22 November 2023, with fruitful results and amilestone in promoting the development of the global sustainable timber industry. Following
the spirit of the inaugural forum, in 2024, CTWPDA，ATIBT and our partners will continue todeepen the issues of sustainable timber resource development and utilization, market
expansion and trade facilitation to promote the sustainable development of the global timber13

supply chain, strengthen the protection and management of timber resources, enhance thetransparency and legitimacy of the timber supply chain, and build a more resilient,competitive and sustainable timber industry chain.
Main content:
I. Focus on industry hot spots, talk about the way of development
•

•

•

•

•

Impact of epidemics, geopolitics and other factors on timber market supply anddemand, trade patterns and prospects for future development trends to help
companies make informed decisions.
Challenges and opportunities for sustainable forest and timber development: Explore
how to balance timber production and forest ecological protection, and promotesustainable development of the timber industry.
Establishment of Timber Legality Verification and Traceability Systems: Shareexperiences and best practices in building timber legality verification and traceability
systems, and discuss how new technologies can be used to improve supply chaintransparency and credibility.
Building a New Quality Productivity Timber Supply Chain: Explore how to use newtechnologies, new modes and new concepts to improve the technological content,
intelligence level and value added of the wood industry chain and create a more
resilient, competitive and sustainable wood industry chain.
Interpretation of the new pattern and trend of the global timber market: In-depth
analysis

Ⅱ. Leading experts gather to share their insights.
Gathering authoritative voices from around the world and inviting senior experts involved ininternational tropical timber research, trade, investment and technology development, as
well as policy makers from government regulatory agencies, to interpret the latest policy
trends and clarify the direction of industry development. In addition, the event will invite
world-renowned timber business leaders to share their successful experiences and discuss
future strategies; representatives from authoritative industry associations to present industry
development reports and forward-looking analyses; and scientists from top research
institutes to share the latest scientific research results and guide industry development froma scientific perspective.
Ⅲ. Create a platform for exchange and cooperation opportunities
By creating an efficient communication and collaboration platform, participants will havethe opportunity to:••

Communicate face-to-face with industry elites from around the world and makequality contacts.
Gain an in-depth understanding of the latest industry information, policies andregulations, and market trends.
14

•

Demonstrate corporate image, promote products and services, and seek
opportunities for collaboration.

Participants••••

Industry representatives such as timber forest landowners, log suppliers, sawmill
suppliers, mills, traders, etc.
Furniture manufacturers, builders and other timber downstream enterprises.
Government departments, industry associations, consulting organizations, research
institutes, etc.
News media

Language
Simultaneous interpretation in Chinese (Mandarin), English and French will be provided.
Co-organizers
CTWPDA (China Timber & Wood Products Distribution Association), established in 1985 upon
the approval of the Ministry of Civil Affairs, is a non-profit organization voluntarily joined byenterprises, institutions engaged in the timber and wood products (including bamboo andbamboo products) processing and distribution industry.
ATIBT (Association Technique Internationale des Bois Tropicaux – International Tropical
Timber Technical Association) established in 1951 at the request of the FAO and the OECD,aims to serve the tropical timber industry, from the forest to the end user. It plays a key rolein the implementation of international projects dedicated to the sustainable and responsible
management of tropical forests.
Collaborating Partner:
TRAFFICFor more information contact:
CTWPDA: junyi.yang@cnwood.org
ATIBT: benoit.jobbeduval@atibt.org

Programme and ScheduleTime
08:30-9:00

TopicsOn-site Registration15

09:00-9:10

Opening ceremony: Welcome Speech
Message from the Organizers：
CTWPDA (China Timber & Wood Products Distribution
Association)
ATIBT (Association Technique Internationale des Bois Tropicaux – International
Tropical Timber Technical Association)
Keynote speeches

09:10-10:10

10:10-10:25
10:25-10:40

Moderator: TBC
Topic I: Interpretation of the new global timber market situation and trend• New order of global timber market and opportunities for China• Reshaping the global timber trade pattern• Reconstructing the Global Timber Supply Chain: Challenges andOpportunities
Topic II: Challenges and Opportunities of Global Green Wood Supply Chain• Global Practices of Sustainable Wood Supply Chains• Synergistic development of timber production and forest ecologicalprotection• Carbon Neutrality: Contribution and Value of SFM
Topic III: Wood Supply Chain under New Development• Building an efficient and collaborative smart wood supply chain• Green development, wood industry first: exploring a new model of
low-carbon recycling economy• Accurate, efficient and flexible: intelligent technology empowers wood
product upgrading• China Wood, World Products: Building an Internationally Competitive
Wood Product Brand (TBC)
Panel Discussion and Questions (15 minutes)• Panel discussions• Q & A with participants
Coffee BreakCase studies (resources and markets)

10:40-11:40

5-7 minutes presentation per panelist followed by group discussion
Case Studies: Opportunities and Challenges in Supply Markets (2-3 casestudies)• Europe• South America• Africa
Case Study: Opportunities and Challenges in Demand Markets (2-3 casestudies)• Export market barriers• Policy changes
16

•
•

Market consumption changes
Joint discussion: How to build a global green wood supply chain.

11:40-11:50

Panel Discussion and Questions (15 minutes)• Panel discussions• Q & A with participants

11:50-12:00

Conclusion and Closing (10 minutes)

17

Concept Note of Specialized Sub-Forum 3
onAdvanced Technology and Machinery for Timber
Processing Creating Innovative Furniture and Smart GreenHomes
12 September 2024, Macao, China

Organized by:
China Wood Protection Industry Association (CWPIA)
andIndonesian Sawmill and Woodworking Association
Background
With the continuous expansion of the global furniture market, solid wood furniture andwood-based panel type furniture, as the two main types of furniture, are facing
unprecedented opportunities and challenges in development. Solid wood furniture is favoredfor its natural texture and environmental characteristics, while wood-based panel typefurniture wins market share with its cost-effectiveness and design flexibility. At present, themanufacturing technology of solid wood and wood-based panel type furniture is undergoing
rapid innovation and development. Technological innovation has driven the transformationfrom manual to CNC machines, intelligent production lines, improving production efficiency
and product quality, while reducing material waste and environmental pollution. Driven byenvironmental regulations and consumers' demand for a healthy lifestyle, sustainable
development has become a key to the industry.
In order to promote the innovative application of wood processing technology andmechanical equipment in the furniture industry, and to promote the development of theindustry in a more efficient, environmentally friendly and intelligent direction. Under theframework of the Global Legal and Sustainable Wood Industry Summit 2024 (GLSTF2024), theForum continues to be held in Macau to continue to contribute to these goals.
18

Purpose
The Sub-forum 3 aims to strengthen contacts, cooperation and exchanges between upstream
and downstream furniture stakeholders, it will provide in-depth industry insights for relatedcompanies from the aspects of technological innovation, mechanical equipment, industrial
integration, environmental protection, and sustainability, and promote the sustainable
development of the industry.
Theme
Creating Smart Green Homes, Building an Ecological Future
Date and venue
Time: 9:00-12:30 on 12 September 2024
Location: MGM COTAI, Avenida da Nave Desportiva, Cotai, Macau, China

Programme and ScheduleDay 2 (Thursday, 12 September)
Time
09:00-9:15

09:15-10:45

10:45-12:15

Events and Topics
Opening
Remarks by China Wood Protection Industry Association (CWPIA)
Remarks by Indonesian Sawmill and Woodworking Association
Session I: Green Innovation and Sustainable Development of Solid Wood Furniture
Keynote Speech
Share 1: Material Selection and Technological Transformation of Solid Wood
Furniture
Share 2: Application of Intelligent Manufacturing Technology in the Solid Wood
Furniture Industry Chain
Share 3: New Development Model of Solid Wood Furniture Industry under theConcept of Green Sustainability
Panel Discussion (45m)
How New Technology Aids the Transformation and Upgrading of Solid Wood
Furniture Industry Clusters (45 minutes)
1 moderator + 5 panelists
Session II: Technical Integration and Product Innovation in the Whole House
Customization Ecological Chain
19Moderator: Mr. Xing Xiaobo，The Vice-Chairman of CWPIA
Share 1: New Equipment Aids High-Quality Development of the Home Industry
Share 2: Environmental Protection Panels Lead New Trends in Whole House
Customization
Share 3: Application of Industry 4.0 in Customized Home Production
Panel Discussion (45m)
How Intelligent Manufacturing Technology Reshapes the New Ecology of theWhole House Customization Industry (45 minutes)
1 moderator + 5 panelists
12:15-12:30

Conclusion and Closing

Participants
The Sub-Forum 3 will invite 200 renowned domestic and foreign scholars, experts, leading
enterprises in the home and furniture industry, R&D companies of new technologies andequipment, and representatives from related business associations to attend this event.
Organizational structure
Co-organized by:
China Wood Protection Industry Association (CWPIA)
Indonesian Sawmill and Woodworking Association
Collaborating Partners:
Guangdong Custom Home Association
Guangzhou Custom Home Business Association
Hubei Custom Home Association
Zhongshan Office Furniture Business Association
Foshan Mechanical Cat Business Co., Ltd.
Qingfeng County Furniture Association
Anticipated results1) Integrate advanced technology and equipment from around the world and within China,
advocating for exemplary enterprises to expand internationally, thereby enhancing andupgrading the global timber and wood products industry.
2) Concentrate on the supply chains of panel and solid wood furniture, filling gaps andcomplementing the existing structure, leveraging the conference platform to transition fromexporting products to exporting production capacity, thereby reinforcing international
collaboration on supply and demand.
20

Concept Note of Specialized Sub-Forum 4
onGreen Finance and Innovative Facilitating Measuresfor Green Supply Chains New Financial Opportunities in Forest Sustainability
12 September 2024, Macao, China

Organized by:
Global Green Supply Chain of Forest Products (Macao) Federation
Central African Forest Initiative (CAFI)
Guangdong-Hong Kong-Macau Greater Bay Area-Green Finance
Alliance (GBA-GFA)
Background
In GLSTF 2023, a sub-forum was held on “Green Finance and Innovative Facilitating Measuresfor Green Supply Chains”, which is the first specialized forum for green finance of the timberindustry in Macao. This Sub-forum was organized by Global Green Supply Chain of Forest
Products (Macao) Federation (Macao Federation) and Luso International Banking Ltd, aiming
at establishing an inter-promotional industrial environment of “Finance + Industry + Ecology”.
In GLSTF 2023, representatives from the Macao government, international organizations, andfinancial institutions jointly witnessed the signing ceremony of the "Green Finance Facilitating
Green Supply Chain Cooperation Agreement" between the Macao Federation and three ofChina's most important home furnishing and building materials industry clusters. This is toleverage the advantages of the Macao Federation in digital traceability, capital matching, andinternational cooperation, so as to organize enterprises and industrial parks in producing
countries to carry out "forest-to-consumer" cooperation.
The forestry industry has long supply chains and covers a variety of products. Sustainable
forest management and green supply chains are "nature-based solutions" to combating forest
deforestation and degradation. However, investing in forestry is insufficient because of thelong payback period, low returns, and strong externalities. Currently, a large amount of costs
arising from fulfilling social responsibilities are borne by the private sector itself. The ecologicalvalue of forest products is difficult to realize, which restricts the development of small and21

medium-sized forestry enterprises. How to solve the problem of "where does the money
come from"? How to motivate the supply chain finance to invest in the forestry sector? How
to promote the realization of the ecological value of forest products through financial services?
The resolution of these issues requires the joint efforts of governments, social organizations,financial institutions, and enterprises, and other stakeholders to form a systematic solution
for supply chain finance to support the global forest sustainability.
The theme of Sub-Forum 4 in GLSTF 2024 will be “New Financial Opportunities in Forest
Sustainability”. This Sub-forum will be co-organized by the Macao Federation, Central African
Forest Initiative (CAFI), and the Guangdong-Hong Kong-Macau Greater Bay Area-Green
Finance Alliance (GBA-GFA). This Sub-forum will take the sustainable development of global
forests as a specific scenario, inviting policy makers, forestry enterprises, business associations,
technology companies, certification bodies, and philanthropic funds, to jointly explore theconstruction of global ecological partnerships that empower both finance and sustainable
forestry development. It aims to provide industry demonstrations for green finance to support
sustainable development.
Objectives
This forum aims to establish a high-level dialogue platform between financial institutions andforestry stakeholders, inviting representatives from international organizations, multilateraltrust funds, multilateral development banks, policy banks, commercial banks, enterprises,business associations, and certification bodies to discuss and exchange ideas. It seeksinnovation in institutional mechanisms, policy systems, industrial models, and financial
products, and explores systematic solutions for green finance to support the sustainable
development of forestry. Meanwhile, this sub-forum aims to provide a platform for financial
institutions and enterprises that adhere to sustainable management. It seeks to explore new
business opportunities, discover new potential, and jointly build a better future forsustainable development.
Theme
New Financial Opportunities in Forest Sustainability
Scale
Around 100 participants will be expected to attend this Sub-forum 4 as well as the main forum,
sustainable timber display, and B2B events of the GLSTF 2024.
Date & Venue
Date: The morning of 12 September 2024
Venue: MGM Cotai, Macao SAR, China
Organizational Structure
22Organization

Co-organizers

Collaborating
Partners

Global Green Supply Chain of Forest Products (Macao) Federation
Central African Forest Initiative (CAFI)
Guangdong-Hong Kong-Macau Greater Bay Area-Green Finance Alliance(GBA-GFA)
Macau Association of Banks
Macau Chinese Bank (TBC)
UFIAG -Gabon (TBC)
UFIGA-Gabon

Chinese Wood Industry Association in Cameroon
Doors Association of Guangdong
Henan Qingfeng Home Furnishing Association

Programme and ScheduleDay 2 (Thursday, 12 September)
Time

Topics

09:00-9:05

Group photos
Opening Ceremony
Moderator: TBC• Welcome remarks by President of Macao Federation• Opening remarks by President of GBA-GFA• Opening remarks by Representative of CAFI
Session I: Current Status of Global Forestry Investment and Financing
Moderator: GGSC to find moderator
Keynote Speech:• Current Status of Green Finance Supporting Global Forest Sustainability
by Green Climate Fund (GCF)
Panel Discussion:• Representatives from the banks and private sectors (6 speakers)
Session II：Challenges and Business Opportunities Brought by Global Forest
Sustainability
Moderator: TBC
Keynote Speech:• The "Golden" Opportunity of Forest Sustainability
Panel Discussion:

09:05-09:20

09:20-10:10

10:10-11:00

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•

11:00-11:50

11:50-12:00

Representatives from timber enterprises (6 speakers)

Session III: Supply Chain Finance Innovation Protecting the Sustainable Futureof Forestry
Moderator: TBC
Keynote Speech:• Supply Chain Finance Empowering Forest Sustainability
Panel Discussion:• Representatives from international organizations (6 speakers)
Possible Outcomes and Ceremonies

24