Paraguay, May 1 -- The World Bank's Board of Executive Directors approved an innovative new project in Paraguay that will create jobs within sustainable agroforestry value chains in rural areas and expand access to long-term financing. The US$100 million "Scaling up Finance for Sustainable Agroforestry in Paraguay" project will be implemented by Agencia Financiera de Desarrollo (AFD), Paraguay's national development bank, and is structured around three core mechanisms:First, a line of credit will incentivize smallholder and medium-scale producers to invest in sustainable agroforestry activities, including commercial or mixed plantations, restoration of natural forests, silvopastoral systems, and value chain processing.Second, a Forestry Inv...