Call 800 665 0411 to learn about our services for your stock

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS

Share on StockTwits

New York state legislators introduce deforestation-free procurement bill

Bill S.5921, second of its kind in the nation, moves New York towards green state purchasing


Albany, NY - March 23, 2021 ( Newswire) Today New York State Senator Liz Krueger and Assembly Member Kenneth Zebrowski introduced the New York Deforestation-Free Procurement Act to ensure New York State government procurement practices do not drive deforestation in tropical and boreal forests.

"The days are long past when New Yorkers can pretend that what goes on in another part of the world has no impact on us," said Senator Krueger. "New York State needs to ensure that the products we buy are not contributing to the loss of Earth's most vital ecosystems."

The bill will tighten an existing state ban on the use of tropical hardwoods for government projects and create a new statute requiring state contractors who deal in forest-risk commodities to certify that their products don't drive deforestation. If it passes in the New York state legislature, S.5921 will boost growing supply-chain transparency efforts in the effected industries. New York State Senators Reichlin-Melnick, Kaminsky, Cooney, Kaplan, and May are prime co-sponsors of the bill.

The New York Deforestation-Free Procurement Act is modeled on similar legislation that was reintroduced in California last month. Both the New York bill and the California bill are championed by Friends of the Earth.

"Forests are essential to stabilizing our climate and serve as the earth's immune system, safeguarding against the emergence of pandemic diseases. They are also home to numberless species and irreplaceable cultures."' said Jeff Conant, Senior International Forests Program Manager at Friends of the Earth U.S. "By introducing this piece of legislation, New York State joins the movement to tackle the root causes of forest destruction."

The largest direct cause of tropical deforestation is industrial-scale production of agricultural commodities, including palm oil, soy, cattle, paper, and rubber. The primary factor leading to boreal deforestation is industrial logging to make single-use tissue products, newsprint, and lumber. Together, these products are known as "forest-risk commodities."

Bill S.5921 will update and close loopholes in existing statutes that limit the purchase of tropical hardwoods by the state and local governments. The bill also creates a new statute requiring contractors to certify that they are not contributing to tropical or boreal intact forest degradation or deforestation directly, or through the supply chains, in sales that involve state agencies or authorities.

Loss of biodiversity resulting from forest degradation and deforestation, as well as human encroachment on formerly undisturbed ecosystems, increases the risks of zoonotic disease pandemics such as COVID-19.

Globally, an estimated 18,000,000 acres of forest, an area more than half the size of New York State, are lost every year to deforestation according to the Food and Agriculture Organization of the United Nations, with over half of Earth's tropical forests already gone. At the current pace, the entirety of Earth's tropical rainforests will be degraded or destroyed within the next 100 years.

See the press release issued by Senator Krueger here.

More Info: Newswire

This news is published on the Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire

Global investors must adhere to regulations of each country. Please read privacy policy:

That's all it takes to get an article published on Investor Ideas - Learn More investing ideas in renewable energy stocks

Like Renewable Energy Stocks? View our Renewable Energy Stocks Directory

Get News Alerts on Renewable Energy Stocks

Buy a renewable energy guest post on