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World Bank's forestry investments failing to meet conservation, rights, and anti-poverty goals
2013-01-30 07:44:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: The World Bank's investments in forestry over the past decade have failed to meet key objectives of reducing poverty, preserving forests, slowing climate change, or benefitting local communities, according to a report developed by its internal auditing body. The report, which was seen by The Guardian ahead of its public release, is highly critical of the bank's investments in 345 forestry projects between July 2001 and July 2011. The Independent Evaluation Group (IEG), comprised of bank staff...
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