The Independent on Sunday reports that Roberto Smeraldi, head of Friends of the Earth Brazil, accuses the World Bank of funding the establishment of ranches in the Amazon that are causing massive deforestation at the same time as the Bank is funding other projects that aim to reduce deforestation.
Smeraldi has just published a new report "The Cattle Realm" which slams the contradictory policies of the World Bank.
"On the one hand you try and save the forest, on the other you give incentives for its conversion," Smeraldi says.
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