Legal Concepts and Policy Trends
Chapter 7: Regulation of forest resources by the World Bank
This chapter focuses on the role of the World Bank in forest policy, strategy and finance. The World Bank Group and the International Monetary Fund emerged following negotiations at Bretton Woods, New Hampshire, USA in 1944. These global financial institutions were created with the aim of ensuring a sound international economy after World War II. The World Bank Group is an independent specialized agency of the United Nations and works closely with the International Monetary Fund. The World Bank Group operates under the umbrella of the Economic and Social Council of the United Nations.1
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