"The current gaps in measuring impacts systematically does not mean that Bank financed interventions have not had any impacts. The need is to develop a culture of measurement whereby impacts are routinely measured and the learning potential maximized."
The World Bank’s 2002 Forest Strategy laid down two bold targets, which it saw as the collective outcome of global efforts to promote Sustainable Forest Management, through improving forest governance. First, by 2012/13, a reduction of global illegal logging by 50 percent (from an estimated baseline value of $10 billion per annum); and, second, a 50 percent decrease in the estimated value of taxes, fees, and levies willfully evaded. However, there has been little systematic effort to assess the extent to which these targets have been achieved. This is a drawback (applicable not only to the World Bank but to other development agencies as well) as it limits our ability to learn from evidence and to apply the learning in