Notes from the CSPF on 15 October on the World Bank’s Forest commitments and ways forward to address challenges and weaknesses identified.
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.
Environment
News
Links between Amazon deforestation and World Bank exposed
IFC equity investment linked to development of key Brazilian transport corridor, leading to accelerated deforestation in the area.
Environment
News
CSOs call on World Bank to prioritise forests in climate action
Civil society organisations call on World Bank Group to do more to prioritise forests and forest peoples’ rights.
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.
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.
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.
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.
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.
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.