Displaying items by tag: World Bank

Over 100 civil society organizations from Africa and around the world sent a letter earlier this week to African negotiators attending the UN global climate talks in Durban, calling for them to reject efforts to place agricultural soils within a carbon market.

 

This positive decision came after a report by Greenpeace, which indicated that funds from the international Finance Corporation (IFC), the private lending arm of the World Bank, were contributing to one of the biggest causes of climate change by enabling Bertin to further expand into the Amazon region. The bank withdrew a USD 90 million loan.