World bank admits to failure of forest policy
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27/01/2000
In a damning self-indictment of its decade-old forest strategy, the World Bank has admitted it has failed to implement its own policies at the expense of the things it was supposed to protect - forests and the poor. In an unusually frank internal evaluation report, the bank admitted its lending was flawed, failed to protect forests,failed to help the poor and admitted that the bank's abilities to monitor the effects of its lending was limited.