The World Bank  is considering the approval of a $100 million loan (from a total project volume of $400 million) for “Scaling up Finance for Sustainable Forestry” in the eastern regions of Paraguay. The project would be managed by Paraguay’s Agencia Financiera de Desarrollo (AFD) and has been designed to promote wood production for the pulp mill industry, round wood, and fuel wood for energy generation. The project’s goal is to promote the creation of jobs and economic growth through the expansion of forestry value chains.