April 11, 2007

The "World Bank" inaction

Another sterling example of the World bank at work. From The Guardian:
Vast forests with trees each worth £4,000 sold for a few bags of sugar
Congo village chiefs not told value of concessions
World Bank blamed over deals causing 'catastrophe'


Lamoko, 150 miles down the Maringa river, sits on the edge of a massive stretch of virgin rainforest in central Democratic Republic of Congo (DRC). On February 8 2005, representatives of a major timber firm arrived to negotiate a contract with the traditional landowners.

Few in the village realised that the talks would transform all their lives, but in just a few hours, the chief, who had received no legal advice and did not realise that just one tree might be worth more than £4,000 in Europe, had signed away his community's rights in the forest for 25 years.

In return for his signed permission to log thousands of hectares for exotic woods such as Afromosia (African teak) and sapele, the company promised to build Lamoko and other communities in the area three simple village schools and pharmacies. In addition, the firm said it would give the chief 20 sacks of sugar, 200 bags of salt, some machetes and a few hoes. In all, it was estimated that the gifts would cost the company £10,000.

It was the kind of "social responsibility" agreement that is encouraged by the World Bank, but when the villagers found out that their forest had been "sold" so cheaply, they were furious.
And the World Bank's involvement:
It is believed that 20 foreign-owned forestry companies are active in the DRC, and that Chinese and other logging groups are also seeking to gain concessions. The companies should be prevented from doing so by a moratorium negotiated by the World Bank in 2002 as part of an initiative to control the forestry industry.

Most of the major logging companies, including Danzer, Trans-M, TB, NST, Olan, and Sicobois, have concession contracts signed after the World bank moratorium, but although there is an investigation into their legality the majority are expected to be rubber stamped this year.

"Most of the companies have benefited from the World Bank's failure to ensure that the moratorium it negotiated with the transitional Congo DRC government has been enforced," said Greenpeace's Africa forests campaigner, Stephan van Praet.
Yet another example of the wisdom of a world governing body. The United Nations and it's offshoots really need to be disbanded. The really effective people like John Bolton are quietly moved out while the corrupt plutocrats are honored. Sickening... Posted by DaveH at April 11, 2007 1:22 PM
Comments
Post a comment









Remember personal info?