NGOs call on IFC to freeze financing of palm oil sector in Indonesia
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 until after the IFC reviews its approach and develops a participatory strategy to ensure full compliance with its Performance Standards.
NGO letter to World Bank President and Executive Directors
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 until after the IFC reviews its approach and develops a participatory strategy to ensure full compliance with its Performance Standards.NGO letter to World Bank President and Executive Directors
Overview
- Resource Type:
- Reports
- Publication date:
- 14 August 2009
- Region:
- Indonesia
- Programmes:
- Global Finance