Report of the Extractive Industries Review
Article from: OGEL 1 (2004), in Book Reviews and Related Material
Introduction
Press release regarding the report of the World Bank's Extractive Industries Review. Capping a two-year-long evaluation of the development impacts of the World Bank Group's support for oil, mining and gas projects worldwide, the Extractive Industries Review (EIR) has recommended that the World Bank adopt significant reforms, including doing more to reduce poverty, immediately ceasing funding for coal projects worldwide and phasing out its support for oil production by 2008. The Bank-sponsored review also recommended enhanced human rights protections, prior informed consent ...