An internal IFC report (by its Compliance Advisor Ombudsman) has conceded that by providing loans to the Wilmar palm oil trading group, the IFC has allowed commercial interests to override its social…
An internal IFC report (by its Compliance Advisor Ombudsman) has conceded that by providing loans to the Wilmar palm oil trading group, the IFC has allowed commercial interests to override its social…
In the light of the critical audit and after carefully assessing the IFC 'Management Response' to it, a coalition of NGOs have called on the IFC to suspend financing the oil palm sector in Indonesia…
Following appeals from NGOs and a critical audit of the IFC's financing of oil palm in Indonesia, the IFC has stated it will halt funding of the sector until it develops a comprehensive new strategy…
Following appeals from NGOs and a critical audit of the IFC's financing of oil palm in Indonesia, the IFC has stated it will halt funding of the sector until it develops a comprehensive new strategy…
In response to the NGOs' appeal letter (link), World Bank President Robert Zoellick has just announced that he has frozen all World Bank funding of the palm oil sector pending the development of a…
In response to an appeal by a global coalition of NGOs, IFC/World Bank President Robert Zoellick has agreed to suspend IFC funding of the oil palm sector pending the development of a revised strategy…
A case study for the Extractive Industries Review. Prepared for the International Workshop on Indigenous Peoples, the Extractive Industries and the World Bank