The World Bank is considering lifting its ban on direct financing of logging in primary moist tropical forests, encapsulated in its 1991 Forest Policy.
The policies that govern the International Finance Corporation’s approach to core social and environmental issues are currently under review.
The World Bank’s role in damaging or endangering the mangrove forests of Vietnam (and their inhabitants) has been the subject of an article and exchange of letters in the Bulletin of the World Rainforest Movement.
The Centre for Environmental Law and Community Rights (CELCOR) in Papua New Guinea filed, in early December, a claim to the World Bank inspection panel after illegal logging made some 300 landowners “lose their land and forests through bad forest governance”.
A new study for the Swedish Ministry for Foreign Affairs by the UK-based Institute of Development Studies contains case studies on financing mechanisms for biodiversity conservation, climate change abatement, peace and security, HIV/AIDS research and financial stability.
The World Bank’s Inspection Panel has visited India in response to a claim filed against the Bank’s Coal India loans.
Forest Peoples’ Programme has produced three new briefings on World Bank policy reformulation processes.
In early January a meeting was held in Washington to discuss the latest World Bank forest strategy.
In January, local and international NGOs wrote to the World Bank demanding actions to achieve genuine forest reform in Papua New Guinea (PNG).
The moratorium on issuing new logging concessions in Papua New Guinea is possibly under threat.