Questioning World Bank Palm Oil Funding and Forest Carbon Finance in Indonesia

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Questioning World Bank Palm Oil Funding and Forest Carbon Finance in Indonesia

By Rainforest Rescue, //www.rainforest-rescue.org/ with Ecological Internet's Rainforest Portal, //www.rainforestportal.org/ September 11, 2009

TAKE ACTION HERE NOW: //www.rainforestportal.org/shared/alerts/send.aspx?id=world_bank_indo_forests

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.

NOTE: This alert is part of EI's campaign to protect and restore old forests globally. After sending this protest you are forwarded to several other related crucial and ongoing alerts, which we ask you to please send as well.

MORE INFORMATION AND TAKE ACTION NOW: //www.rainforestportal.org/shared/alerts/send.aspx?id=world_bank_indo_forests

DISCUSS THIS ALERT: //www.rainforestportal.org/issues/2009/09/alert_questioning_world_bank_p.asp

 

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