This paper considers the potential for improvements in forestry revenue management to complement other efforts toward sustainable forest management and to strengthen domestic resource mobilization. It describes forestry management as an extreme version of a classic principal-agent problem, which manifests itself in high levels of corruption, illegality, and revenue leakage at the country level. To address these challenges, the paper proposes that governments adopt a three-tiered sectoral planning process with an appropriately long time horizon, reflecting the length of forest life cycles and the uniqueness of the sector given forests’ status as a renewable natural resource providing essential public goods.