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A report by Friends of the Earth finds that the 'roundtable dialogue' set up by the World Bank's Compliance Advisor Ombudsman (CAO) has been unable to fulfil its objectives to intervene effectively in conflicts between the IFC-supported Yanacocha mine company (see Updates 42, 53) and affected communities in Cajamarca, Peru. Local groups have asked for the roundtable's dissolution on the grounds that it lacks independence and has been manipulated by mining company interests. The independence of the CAO was immediately doubted due to its association with the IFC and the mining company.
This text may be freely used providing the source is credited. This page is: <http://brettonwoodsproject.org/art.shtml?x=545923> Published: 15 December 2006 , last edited: 21 August 2007 Viewings since posted: 2690 |
Articles: 2324 CounterBalance, a new European coalition of development and environmental non-governmental organisations formed specifically to challenge the European Investment Bank (EIB), has launched its website. The EIB is the world's largest public lender. Find out more about it from CounterBalance. Newswire |
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