The World Bank made a stumbling defence of its track record of causing environmental and social damage when financing projects in the Amazon.
Speaking at a seminar at the IMF/World Bank meetings in Washington on October 18, Valerie Hickey, practice manager for the environment and natural resources in LAC at the World Bank, said: “Development is hard and we have made mistakes, but we have learned. [Though] sometimes we forgot what we have learned.”
Deforestation caused by illegal fires has spiked under the administration of Brazilian president Jair Bolsonaro.
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