The general objective of this act is to optimize the utilization of forest resources to support sustainable development of the country by providing Equitable access and benefit sharing.
Forest management Unit. (FMU)
A clearly defined forest area assigned for management, based on a set of objectives and a long-term watershed-based management plan.
Primary function of protecting life support systems.
Primary function of producing Forest Products, food energy and or fresh water among others.
Qualified Managers of FMU
Qualified and capable persons or entities, which include indigenous and local households, civil society organizations, business organizations, forest land use tenure holders and dedicated national and local government units including government owned and controlled corporations.
Sustainable Forestry Development Fund.
Established to provide concessional financing, particularly for forest development projects. proposed by qualified managers of FMU.
Liberalized Permitting System.
As long as planted registered and conforming to the prescribed development plan forest products, harvesting permits will no longer be required.
Inclusive Investment and Development.
Employees public-private Community Partnerships allowing for Equitable sharing of benefits.