1.6 Billion People Globally Depend on Forests
More than 1.5 billion smallholders throughout the world depend on forest landscapes to produce food, fuel, timber and non-wood forest products to meet their subsistence needs and generate cash income. Despite the large number of smallholders and the large collective scale of their production, policy makers have overlooked smallholders’ role as a powerful economic engine. New evidence presented [in this report] suggests that the value of smallholder production exceeds that of the world’s largest companies, making smallholder production collectively the world’s largest private sector.
Fact source: Verdone, M. (2018). The world’s largest private sector? Recognising the cumulative economic value of small-scale forest and farm producers. https://portals.iucn.org/library/node/47738.
Image credit: Artem Maltsev / Unsplash.
Submitted by: Nathan, UK
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