Bretton Woods Project - Critical voices on the World Bank and IMF

Jump to main content | Jump to sidebar | Jump to navigation menu



Bank violates own policies in Congo

News|Bretton Woods Project|1 February 2008|update 59|url
print|email|bookmarkdel.icio.usDigg!Stumble UponRedditFacebookGoogle Bookmarks

The findings of an Inspection Panel investigation into the Bank's failure to comply with its own safeguard policies in its support for forest sector reforms in the Democratic Republic of Congo (DRC) was discussed by the board in January (see Update 57). Twelve Congolese pygmy groups filed the complaint in 2005, regarding the exclusion of indigenous peoples from Bank-supported forest sector reforms and the absence of participatory land use planning processes. The Panel found that the Bank had violated its safeguard policies, including those on indigenous peoples and overestimated the timber revenues that the government could earn from timber exports, therby encouraging logging of the world's second largest rainforest. Subsequent statements from management highlighted broad consensus on the need for the Bank to remain engaged in the country's forest sector, but failed to mention specifics about what the Bank has learned from the failures documented by the Panel.

Published: 1 February 2008 , last edited: 1 February 2008

Viewings since posted: 1130

Articles: 2267

The Bretton Woods Project has a vacancy for a policy officer to work on a number of environment and development policy issues. Please see the full role profile and application instructions.

Subscribe

Bretton Woods Update, 6 emails/year:
highlights fulltext pdf
Alerts of new web content
Weekly newswire email

Email:


home | subscribe | donate | search | help | contact


validate: | XHTML | CSS | RSS | 508

powered by Action Apps | hosted by GreenNet | Credits