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The Rainforests of Cameroon - PROFOR

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Structural Adjustment Credits, 1994–98 133Box A1.1Summary <strong>of</strong> Third Structural Adjustment Creditforest measuresMeasures to be met prior to submission <strong>of</strong> the Credit for the approval <strong>of</strong> the WBBoard <strong>of</strong> Executive Directors• Cancellation <strong>of</strong> concessions awarded in October–November 1997, for whichagreements have not been signed or guarantees/deposits paid.• Demonstration <strong>of</strong> the government <strong>of</strong> <strong>Cameroon</strong>’s willingness to review jointlywith the World Bank the 1997 allocation round and grant new forest managementunits (UFAs) and short-term harvesting rights (ventes de coupe) basedon the recommendations <strong>of</strong> the joint review.Measures for effectiveness• Adoption <strong>of</strong> a new, transparent, and competitive system, including the services<strong>of</strong> an independent observer, for the allocation <strong>of</strong> forest harvesting rights.• Definition <strong>of</strong> a forest concession planning strategy, taking into accountrequirements for sustainable forest management.• Creation <strong>of</strong> a forestry tax revenue-enhancement program, to improve monitoringand recovery <strong>of</strong> forest fees and taxes.Measures for release <strong>of</strong> floating tranche• Adoption <strong>of</strong> procedures for the preparation, approval, and monitoring <strong>of</strong> forestmanagement plans.• Establishment <strong>of</strong> a guarantee system to ensure compliance with forest managementplans.• Selection <strong>of</strong> an international consultant to assess the implementation <strong>of</strong> forestmanagement plans on the ground.• Completion <strong>of</strong> an independent economic and technical audit to assess thesector’s economic and fiscal revenue potential.• Submission to parliament <strong>of</strong> reforms concerning forest industry developmentand the taxation regime.• Selection <strong>of</strong> areas to be reserved as community forests.• Revision <strong>of</strong> the National Forestry Development Agency’s institutional status,clarifying its mandate Delivered and sources by <strong>The</strong> World <strong>of</strong> financing. Bank e-library to:<strong>The</strong> World BankIP : 192.86.100.34Mon, 09 Nov 2009 17:06:18(c) <strong>The</strong> International Bank for Reconstruction and Development / <strong>The</strong> World Bank

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