This report will examine two of the most serious potential threats to good governance and professional management of Liberian forests: the looming wave of Community Forestry Management Agreements (CFMAs), and the potential for large-scale conversion of forests into agriculture plantations – particularly oil palm. By examining these emerging issues critically, the Sustainable Development Institute (SDI) hopes to warn the Liberian government and its partners of the potential for abuse and mismanagement in coming years. The report concludes with an examination of the sector’s role in the Liberian economy overall, with an eye on alternatives as well as the need to create an environment of oversight and accountability for civil servants at the Forestry Development Authority (FDA) and elsewhere