Liberia: Forest Affected Community Wants Benefits Paid Directly to NBSTB Account

Nov 17, 2020 | Ishmael F. Menkor, Observer
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The forest affected communities across Liberia are asking the central government to deposit all forest-related benefits to the account of the National Benefits Sharing Trust Board instead of passing through the Liberia Revenue Authority. According to a resolution reached by the communities, community benefits should be paid directly to the NBSTB account and a mechanism should be defined to ensure that the NBSTSB is a signatory to an escrow account opened by the company as specified in the law, with a relevant community serving as co-signatory.