Sustainable Forest Finance Toolkit - PwC

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3 Policy DevelopmentA carefully considered and pragmatic approach to policydevelopment is crucial for banks wishing to continue or growa sustainable relationship with the forest products sector.This section provides guidance on best practice forestrypolicy development, suggestions for policy content, andadvice on implementation and transparency.Monitoring Integrated policy andreporting developmentmodelDevelopmentSuggestedInternal BankForestry Policyand GuidelinesRelevance tothe bankContext andissuesScope ofpolicyClientperformancerequirementsPolicyimplementationandtransparencyPage 72pwc
Integrated Policy Development Model1 of 1Policy Dev HOMEThe diagram below highlights the key issues and questions banks will want to consider at group strategy, risk and compliance levels. Forest products industry teams will need to understandthe policy and be consulted on the practical implications.Issues for considerationForest industrydata quality andavailabilityInformationgaps andtrainingneedsCommunicationchallengesTransparencyexpectationsPracticalchallengesTransitionperiods anddelaysInternal and external;information reportingneedsMonitoring & ReportingWill we be judged on our implementation?Will we be held to account?How will we be reporting externally on policy?ImplementationHave we considered the full impactsof the policy and knock-on effects?How will policy impact on business?Is the policy workable?Is policy clear and unambiguous?Levels of peer reportingEffective policydevelopment &implementationStrategic positioningof organisationHow the organisationworks in practicePeer group activity andbest practiceDevelopmentHow ambitious should we be?What are our strategies overall (and in this area)?Have we considered the context of the policy(i.e. industry/region/issue to which it applies)?Have we consulted sufficiently?GovernanceHow will we ensure internal commitment?How will policy impact on business?Who will it impact?BusinessrealitiesPotentialimplicationsfor new andexistingbusinessCulturaldifferencesStakeholderexpectationsFeasibilityWho the policy will effect(e.g. forest productsdepartment, estatemanagement, compliance)Support requiredthroughoutorganisation forpolicy to workPotentialbarriersAmbition vs.pragmatismOpposing agendas /IncentivesRealistictimescalesKey questionsRegional history andforest sector issuesExisting governancestructuresHow others’ agendas fitwith thisPersonality clashes andpolitical issuesWho will beresponsible for itssuccessPage 73pwc
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Sustainable ForestFinance ToolkitTh
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Guidance for using the ToolkitThis
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How does economic development impac
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Challenges and problems associated
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Sustainability issues in the forest
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Costs and benefits of certification
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Costs and benefits of certification
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1 New ApplicationThis section provi
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Illustrative - Management Interview
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Illustrative - Management Interview
Page 22 and 23: Illustrative - Higher risk client a
Page 24 and 25: Legality issue briefing note2 of 5N
Page 26 and 27: Legality issue briefing note 4 of 5
Page 28 and 29: Small scale and community forestent
Page 30 and 31: Sustainable ForestManagement briefi
Page 32 and 33: Special places briefing note 1 of 4
Page 34 and 35: Special places briefing note 3 of 4
Page 36 and 37: Planted forests briefing note 1 of
Page 42 and 43: Certification briefing note 1 of 7N
Page 46 and 47: Certification briefing note5 of 7Ne
Page 50 and 51: Pollution and EnvironmentalManageme
Page 52 and 53: Local communities and indigenouspeo
Page 54 and 55: Local communities and indigenouspeo
Page 56 and 57: Forest carbon and otherecosystem se
Page 58 and 59: Forest carbon and otherecosystem se
Page 60 and 61: Brazil - country briefing note 1 of
Page 62 and 63: Indonesia - country briefing note 1
Page 64 and 65: Malaysia - country briefing note 2
Page 66 and 67: Russia - country briefing note 2 of
Page 68 and 69: 2 Portfolio ManagementOne of the ha
Page 70 and 71: FMU / supply chain performance 1 of
Page 74 and 75: Suggested Internal Bank ForestryPol
Page 76 and 77: Suggested Internal Bank ForestryPol
Page 78 and 79: 4 ProcurementIn 2007, the WBCSD and
Page 80 and 81: Sample procurement policy2 of 2Proc
Page 82 and 83: Appendix 1: Special places 2 of 3De
Page 84 and 85: Appendix 2: Client performancerequi
Page 86 and 87: Appendix 2: Client performancerequi
Page 88 and 89: Appendix 4: Consolidated duediligen
Page 90 and 91: Appendix 5: Acronyms1 of 1ASEAN Ass
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