Cover -- Title Page -- Contents -- Appendixes -- Preface -- Acronyms and Abbreviations -- Executive Summary -- The Challenges -- World Bank's Performance in the Forest Sector -- Elements of the Strategy -- Harnessing the Potential of Forests to Reduce Poverty -- Integrating Forests in Sustainable Economic Development -- Protecting Vital Local and Global Environmental Services and Values -- The Importance of Country Ownership -- Implementing the Strategy: Large Objectives, Modest Beginnings -- Modifying the Forest Policy -- Developing Demand: The Global Commons and Economic and Sector Work -- Provide the analytical support for effectively integrating forest conservation and management in CASs and into broader poverty reduction and economic development programs being prepared by Country and Sector Departments -- Develop and maintain an enhanced forest sector lending portfolio in the Bank -- Catalyzing Engagement and Investment -- Partnerships -- Partnerships with other donors -- Partnerships with NGOs -- Partnerships with the private sector -- Selectivity and Sequencing -- Expectations, Risks, and Realities -- Large Tasks and Institutional Constraints -- Outcomes -- Poverty -- Governance -- Protection and conservation -- Sustainable forest management -- Risks -- Modifying the Forest Policy -- Credibility of program -- Insufficient incentives -- Partnerships -- Monitoring -- Developing demand -- Building sector engagement -- Impact of broader involvement on forest outcomes -- Selectivity and sequencing -- External Advisory Group -- CHAPTER 1 Challenges and Realities in Forests -- Importance of Forests -- International Context: Global Conventions and Agreements -- Rio Earth Summit -- Kyoto Protocol -- Global Challenges and Opportunities -- Failure of governance -- Need to integrate forests in the fight against rural poverty.

Need to deal with conflict in resolving forest issues -- Failure of markets to capture environmental services of forests -- Need to account for global values from forests -- World Bank Forest Performance, Strategies, and Policies -- OED Review of the 1991 Strategy and Policy -- Additional Indicators of Performance -- New Directions in Bank Priorities -- Links to Other Bank Strategies and Policies -- Bank Safeguard and Operational Policies -- Integrating Forest Issues in Poverty, Environment, Rural Development, Gender, and Water Strategies -- Developing and Implementing the New Bank Approach to Forests -- The Importance of Country Ownership -- Developing the Approach -- Implementing the Strategy -- Selectivity -- Developing partnerships -- Coordinating across the Bank -- Financing the new strategy and leveraging impact -- CHAPTER 2 The Forest Strategy: Proposed Bank Action -- Introduction -- Principles of Engagement and Comparative Advantage and the Pillars of the Strategy -- Lessons for Engagement in Forests -- The Bank will help build and respect ownership -- The Bank will operate in partnership -- Comparative Advantage -- Three Pillars of the Forest Strategy -- Harnessing Forests' Potential to Reduce Poverty -- Ensuring participation of the poorest -- Protecting access by the poorest to nontraditional forest products -- Sharing by the state and the rural poor in forest benefits -- Integrating forest activities focused on the very poor in rural development strategies -- Fostering linkages between the forest industry and rural poor -- Integrating Forests in Sustainable Economic Development -- Cross-Sectoral and Macroeconomic Linkages -- Cross-sectoral approaches -- Macroeconomic impacts -- Expanding Nonfarm Rural Activities: Role of Small-Scale Forest Product Enterprises -- Governance in the Forest Sector: Forest Crime, Corruption, and Regulation.

Illegal logging and corruption -- Reforming timber concession policies -- Building a Role for Civil Society in Sustainable Forest Management -- Sustainable forest management issue -- The "Pyramid"-a diagnostic and planning tool for good forest governance -- Approach to World Bank's Forest Policy and Sustainable Forest Management -- Risks and issues -- Protecting Vital Local and Global Forest Values -- Evolving Perception of Protected Area Strategies -- Fostering Markets for Ecological Public Goods -- Fostering the Linkage between Forests and Climate Change -- Fostering Linkages between Poverty Reduction and Forest Conservation Strategy -- Aligning Regional Programs with Corporate Objectives -- Africa -- Poverty reduction -- Integrating forests in sustainable economic development -- Protecting global and local forest values -- East Asia and Pacific -- Poverty reduction -- Integrating forests in economic development -- Protecting global and local values -- Europe and Central Asia -- Poverty reduction -- Integrating forests in economic development -- Protecting global and local values -- Latin America and the Caribbean -- Poverty reduction -- Integrating forests in economic development -- Protecting global and local values -- Middle East and North Africa -- Poverty reduction -- Integrating forests in economic development -- South Asia -- Poverty reduction -- Integrating forests in economic development -- Protecting global and local values -- CHAPTER 3 Implementing the Strategy: Building Effective Partnerships -- Issues in Implementation -- Building Effectiveness -- Developing the Partnerships Necessary to Implement the Strategy -- Donor and National Stakeholder Partnerships -- The PROFOR Initiative -- Other international arrangements -- Collaboration with FAO -- CGIAR -- Other research institutions -- GEF -- ITTO.

Nongovernmental Organization Partnerships -- World Bank/WWF Alliance -- Other NGO partnerships -- Critical Ecosystem Partnership Fund (CEPF) -- Improving Links to the Private Sector -- CEOs Forum on Forestry -- Need for additional partnerships -- Improving Internal Bank Working Relationships and Accountabilities -- International Finance Corporation and Multilateral Investment Guarantee Agency -- World Bank Institute -- Role of the ESSD Forests Team -- CHAPTER 4 Implementing the Strategy: Incentives, Selectivity, and Deliverables -- Introduction -- Building the Internal Bank Commitment to Forests -- Increasing Economic and Sector Work -- Using Partnerships to Leverage Impact -- Donor partnerships to boost the ESW program -- Seeking Blended Financing to Address Local and Global Forest Issues -- Supporting and Strengthening the World Bank/WWF Alliance -- Increasing Involvement with Private Sector Partners -- Selectivity -- Alignment and Selecting Countries for Focus -- Developing the Focus on More Flexible Lending -- Expectations and Realities: Risks and Monitoring Progress -- Institutional Realities -- Some Potential Broad Outcomes, in Perspective -- Poverty -- Governance -- Protection and conservation -- Sustainable forest management -- Risks -- Monitoring the Bank's Role -- Developing demand -- Building engagement -- Impact on forest outcomes of broader involvement -- Selectivity and sequencing -- Mid-term evaluation -- External Advisory Group -- Notes -- Bibliography -- Index -- Back Cover.