The Ministry of Environmental Protection and Regional Development confirmed to Latvijas Radio that the sector is not truly at risk. However, a strategy must be ready by 2026 on how to offset emissions caused by extraction.

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“The pine is the tree that best absorbs CO2. Therefore, it balances out reclamation scenarios with emission matters.”

Here, Latvia can demonstrate to the whole of Europe a unique approach to how resources can be used very effectively. We have not done anything hasty, like Germany and the Netherlands, which liquidated their peatlands and built their prosperity [on that],” notes Uldis Ameriks (LaFlora).