Incentivizing Sustainable Private Sector Investment in Timber Plantations in Myanmar : Policy Options to Encourage Socially and Environmentally Responsible Investment

Forestry has traditionally been one of Myanmar’s most important economic sectors, generating more in export earnings in the period 2010-2018. It is estimated that the country will have lost 12 million ha of forest between 1990 and 2020 - the third...

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Main Author: World Bank
Format: Report
Language:Burmese,English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/127481593418573206/Incentivizing-Sustainable-Private-Sector-Investment-in-Timber-Plantations-in-Myanmar-Policy-Options-to-Encourage-Socially-and-Environmentally-Responsible-Investment-Technical-Paper
http://hdl.handle.net/10986/34149
id okr-10986-34149
recordtype oai_dc
spelling okr-10986-341492021-05-25T09:52:38Z Incentivizing Sustainable Private Sector Investment in Timber Plantations in Myanmar : Policy Options to Encourage Socially and Environmentally Responsible Investment World Bank SOCIAL AND ENVIRONMENTAL MANAGEMENT PLAN LAND USE TIMBER PLANTATION SUSTAINABLE INVESTMENT RESPONSIBLE INVESTMENT FOREST MANAGEMENT SUSTAINABLE LAND MANAGEMENT WOOD FUEL TEAK RUBBER WOOD SUSTAINABLE DEVELOPMENT ENVIRONMENTAL PROTECTION CARBON OFFSET MARKET Forestry has traditionally been one of Myanmar’s most important economic sectors, generating more in export earnings in the period 2010-2018. It is estimated that the country will have lost 12 million ha of forest between 1990 and 2020 - the third largest absolute forest loss of all countries during that period. The government now aims to restore or reforest about 884,000 ha on reserved forest (RF) and public protected forest (PPF) land under its 2016-28 Myanmar reforestation and rehabilitation program (MRRP). A range of reforms is needed to encourage private sector investment. These include: (i) identification of sufficiently large areas of suitable land close to potential processing sites or transport infrastructure and planning of land-use allocation; (ii) improving the availability of information on identified areas and on the process of acquiring plantation leases; (iii) streamlining leasing procedures and terms and scope of leases, including possible private management of state plantations; (iv) simplifying regulations on harvest and transport of plantation timber; (v) reviewing the suitability of current fiscal incentives, including tax holidays; (vi) improving information on areas and productivity of established plantations; and (vii) identifying priority research and development needs and delivery mechanisms. 2020-07-17T20:34:33Z 2020-07-17T20:34:33Z 2020-06 Report http://documents.worldbank.org/curated/en/127481593418573206/Incentivizing-Sustainable-Private-Sector-Investment-in-Timber-Plantations-in-Myanmar-Policy-Options-to-Encourage-Socially-and-Environmentally-Responsible-Investment-Technical-Paper http://hdl.handle.net/10986/34149 Burmese,English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Environmental Study East Asia and Pacific Myanmar
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language Burmese,English
topic SOCIAL AND ENVIRONMENTAL MANAGEMENT PLAN
LAND USE
TIMBER PLANTATION
SUSTAINABLE INVESTMENT
RESPONSIBLE INVESTMENT
FOREST MANAGEMENT
SUSTAINABLE LAND MANAGEMENT
WOOD FUEL
TEAK
RUBBER WOOD
SUSTAINABLE DEVELOPMENT
ENVIRONMENTAL PROTECTION
CARBON OFFSET MARKET
spellingShingle SOCIAL AND ENVIRONMENTAL MANAGEMENT PLAN
LAND USE
TIMBER PLANTATION
SUSTAINABLE INVESTMENT
RESPONSIBLE INVESTMENT
FOREST MANAGEMENT
SUSTAINABLE LAND MANAGEMENT
WOOD FUEL
TEAK
RUBBER WOOD
SUSTAINABLE DEVELOPMENT
ENVIRONMENTAL PROTECTION
CARBON OFFSET MARKET
World Bank
Incentivizing Sustainable Private Sector Investment in Timber Plantations in Myanmar : Policy Options to Encourage Socially and Environmentally Responsible Investment
geographic_facet East Asia and Pacific
Myanmar
description Forestry has traditionally been one of Myanmar’s most important economic sectors, generating more in export earnings in the period 2010-2018. It is estimated that the country will have lost 12 million ha of forest between 1990 and 2020 - the third largest absolute forest loss of all countries during that period. The government now aims to restore or reforest about 884,000 ha on reserved forest (RF) and public protected forest (PPF) land under its 2016-28 Myanmar reforestation and rehabilitation program (MRRP). A range of reforms is needed to encourage private sector investment. These include: (i) identification of sufficiently large areas of suitable land close to potential processing sites or transport infrastructure and planning of land-use allocation; (ii) improving the availability of information on identified areas and on the process of acquiring plantation leases; (iii) streamlining leasing procedures and terms and scope of leases, including possible private management of state plantations; (iv) simplifying regulations on harvest and transport of plantation timber; (v) reviewing the suitability of current fiscal incentives, including tax holidays; (vi) improving information on areas and productivity of established plantations; and (vii) identifying priority research and development needs and delivery mechanisms.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Incentivizing Sustainable Private Sector Investment in Timber Plantations in Myanmar : Policy Options to Encourage Socially and Environmentally Responsible Investment
title_short Incentivizing Sustainable Private Sector Investment in Timber Plantations in Myanmar : Policy Options to Encourage Socially and Environmentally Responsible Investment
title_full Incentivizing Sustainable Private Sector Investment in Timber Plantations in Myanmar : Policy Options to Encourage Socially and Environmentally Responsible Investment
title_fullStr Incentivizing Sustainable Private Sector Investment in Timber Plantations in Myanmar : Policy Options to Encourage Socially and Environmentally Responsible Investment
title_full_unstemmed Incentivizing Sustainable Private Sector Investment in Timber Plantations in Myanmar : Policy Options to Encourage Socially and Environmentally Responsible Investment
title_sort incentivizing sustainable private sector investment in timber plantations in myanmar : policy options to encourage socially and environmentally responsible investment
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/127481593418573206/Incentivizing-Sustainable-Private-Sector-Investment-in-Timber-Plantations-in-Myanmar-Policy-Options-to-Encourage-Socially-and-Environmentally-Responsible-Investment-Technical-Paper
http://hdl.handle.net/10986/34149
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