Global Forest Governance
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Global Forest Governance Legal Concepts and Policy Trends

Legal Concepts and Policy Trends

Rowena Maguire

This book identifies the fundamental legal principles and the governance requirements of sustainable forest management. An analytical model for assessing forest regulation is created which identifies the doctrinal concepts that underpin forest regulation (justice, property, sovereignty and governance). It also highlights the dominant public international institutions involved in forest regulation (UNFF, UNFCCC and WB) which is followed by analysis of non-state international forest regulation (forest certification and ecosystem markets). The book concludes by making a number of practical recommendations for reform of global forest governance arrangements and suggested reforms for individual international forest institutions.
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Chapter 7: Regulation of forest resources by the World Bank

Rowena Maguire

Extract

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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