How does the Bank work with the private sector arm of the World Bank Group?
Since adopting the revised forest sector strategy, the Bank is taking a more integrated approach toward investments in the forests sector and developing closer collaboration between the Bank and the International Finance Corporation (IFC). The IFC’s involvement in the forest sector is growing from investments of $45 million in FY2001 to possibly as much as $300 million in FY05. While the IFC is in the process of updating its safeguard policies, it operates according to the Bank’s forest policy.
