The Fight Over Palm Oil Funding

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First published in Sanctuary Asia, Vol. 30 No. 9, September 2010

 

The bank and its investment arm, the International Finance Corporation, are gingerly entering the controversy over deforestation and sustainable development for palm oil. The IFC is working on a new plan to determine the bank's direction on lending to the sector. The bank group has temporarily suspended its new investments in the sector, it said in a prepared statement, until it finalizes its common approach. Read the full report here.

 

Source: by John Berthelsen, Asia Sentinel.

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