Press Release: World Bank violates its own standards in palm oil sector in Indonesia
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 and environmental standards.
FPP press release
Overview
- Resource Type:
- Press Releases
- Publication date:
- 10 August 2009
- Region:
- Indonesia
- Programmes:
- Access to Justice Supply Chains and Trade Law and Policy Reform Global Finance Climate and forest policy and finance
- Translations:
- Indonesian: Press Release: World Bank violates its own standards in palm oil sector in Indonesia