Forests

Private Sector

Background

Examining the IFC’s climate and forest footprint in its financial sector investments

Notes from a side event at the IMF/World Bank 2016 annual meetings on how the World Bank Group can ensure that its financial intermediary investments are consistent with its forest and climate commitments.

5 October 2016 | Minutes

Environment

Background

World Bank Group Forest Action Plan FY16-20: The WBG contribution to the forest agenda

Notes from a meeting during the IMF/World Bank 2016 spring meetings with a presentation and dialogue with CSOs on the Bank's new Forest Action Plan.

18 April 2016 | Minutes

Environment

News

World Bank’s new Forest Action Plan questioned

The World Bank has released its Forest Action Plan, but civil society raised concerns, including regarding lack of impact in light of the outcomes of the safeguards review and the links to the Forest Carbon Partnership Facility.

29 June 2016

Environment

Commentary

A critical juncture for forests: Will the World Bank rise to meet the global challenge?

World Bank is called to take a leadership role in reducing deforestation and promote community forest management, including through its new Forest Action Plan.

9 February 2016 | Comment

Environment

Analysis

Forest Investment Program (FIP)

Six new countries were invited to join the Forest Investment Program (FIP), with a further nine invited to develop investment plans, despite insufficient funds. Potential support for oil palm plantations in Democratic Republic of Congo and industrial logging in Indonesia and Peru were questioned.

4 November 2015

Environment

Analysis

Forest Investment Program (FIP)

Options for potential new funding for the Forest Investment Program have been further elaborated, including priority rankings for current and potential new pilot countries, however, funding constraints remain and many current projects continue to be delayed.

6 May 2015

Environment

News

World Bank to release forest action plan

The World Bank's delayed forest action plan is expected to be open for stakeholder comments for two weeks during the autumn.

25 September 2015

Environment

News

US abstains from IFC investment in Mozambique paper plantation

US has abstained from voting on an IFC investment in a forestry project in Mozambique, raising concerns about environmental and social impacts.

31 March 2015

Rights

News

Inspection Panel finds World Bank did not apply safeguards on Kenya forest project

The World Bank board has approved the action plan in response to the Inspection Panel report on the Kenya Sengwer case. The Sengwer indigenous community welcomed the action plan but demanded recognition of their status as "custodians" of the Embobut forest.

18 November 2014

Environment

Analysis

World Bank forests projects under fire

World Bank continues to strongly back REDD+ forest projects, which have been criticised for not consulting indigenous peoples or respecting land rights.

20 June 2014