A study by NGO Rainforest Action Network of a World Bank-funded oil palm plantation in Papua New Guinea (PNG) reports violations of Bank performance standards. The Bank funded the plantations of agribusiness giant Cargill, with no record of a consultation process. Among the concerns raised is the Bank’s support, through start-up loans, of a ‘price taker’ system that pushes costs of production such as seeds, pesticides and transport, onto the smallholders. CELCOR, a non-profit law group in PNG, says farmers are victims of “structural injustices by transnational corporations such as Cargill”, that entrap them “in vicious cycles of debts to the milling companies.”
This briefing emphasises the interdependence between the SDGs and the Paris Climate Agreement, in terms of ensuring that all new infrastructure is climate resilient and aligned with the low- or zero-carbon pathways required to avert catastrophic climate change – which would render achieving the SDGs impossible.
World Bank Enabling the Business of Agriculture rankings prescribe land privatisation at the expense of family farmers, pastoralists, and Indigenous Peoples.
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