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World Bank Violates Its Own Standards Developing Oil Palm Sector In Indonesia

October 14, 2009 at 19:02

Source: Walhi News ? August 10, 2009 The World Bank's private sector arm - the International Finance Corporation (IFC) - has allowed commercial interests to override its social and environmental standards in making major loans to the oil palm sector in Indonesia, an internal audit reveals. Oil palm has become synonymous with widespread clearance of forests and peatlands, massive CO2 emissions [...]

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