DALAT, Vietnam (23 March 2011) – A new report launched today at the 8th meeting of the World Bank’s Forest Carbon Partnership Facility (FCPF) reveals that the Bank is not fulfilling its promises to protect the rights of forest peoples. Smoke and Mirrors: a critical assessment of the Forest Carbon Partnership Facility by Forest Peoples Programme (FPP) and FERN exposes the World Bank’s failure to uphold its commitments on human rights and its engagement in never-ending changes to its social and environmental policies, weakening its accountability to affected communities and the public.
This Forest Peoples Programme (FPP) and FERN report exposes ongoing serious problems in the World Bank's forest carbon fund, which is still failing to uphold the rights of forest peoples.
(Most recent correspondence listed first) 1. 12 October 2007 - FPP letter to HSBC in light of HSBC's failure to respond to earlier requests.2. 31 May 2007 - FPP and FERN letter to HSBC again questioning the company's procedures and intentions. 3. 24 May 2007 - HSBC reply to FPP explaining its intention to stay involved with Samling as it considers the company to be making progress to improve its operations.