ALERT! Questioning World Bank Palm Oil Funding and Forest Carbon Finance in Indonesia
By Rainforest Rescue with Ecological Internet's Rainforest Portal with
Ombudsman report on 20 years of corrupt IFC, World Bank Group lending to the Indonesian oil palm industry casts doubt on Bank's fitness to manage international forest carbon funds that may emerge at Copenhagen climate talks. It is time for the World Bank to end finance of oil palm, sustainable forest management, paper pulp and other industrial rainforest developments known to be the root causes of deforestation, degradation and climate change. The Bank must permanently end financial support for these industrial developments impacting primary rainforests, or it is the wrong entity to administer forest carbon monies.
Comments
Its not just the big financial and industrial groups that should be bought to task , the international institutions 'old boys' association , always the same people running things, financial , industrial , ecological. And most of the people at the have been in some form of scandal in their countries at some point , even the IMF head.
Posted by: Paul Rice | September 19, 2009 11:40 PM