International Finance Corporation’s (IFC) Eastern Indonesia Program (PENSA)
With support from the International Finance Corporation (IFC), the private sector arm of the World Bank, the GFTN is providing technical assistance and support to the business community to improve forest management practices.
In Indonesia, the IFC-PENSA facilitated the membership of state-owned Inhutani II in the Indonesian branch of the GFTN by providing technical assistance and advice during the two-year process of preparing for membership. Inhutani II’s 50,000 hectare concession is the first acacia plantation in Indonesia to join the GFTN. Acacia is a priority because it is a viable alternative to teak and its use could reduce natural forest harvesting of teak.
