Inter-American Development Bank Annual Meeting Marked by Lack of Progress in a Sustainable Development Agenda in Latin America http://amazonwatch.org/news/2011/0330-idb-annual-meeting-marked

Civil society representatives from Latin America recently attended the Inter-American Development Bank (IDB) Annual Meeting along with Amazon Watch to monitor progress of a new reform agenda adopted by the Bank last year and on which the Bank's recapitalization is conditioned. The groups expressed concern that, although the Bank has moved forward on some commitments from the Cancun Declaration, much uncertainty remains in their implementation. "We came to Canada to follow up on the Bank's commitment to make internal reforms that would position it as a Bank of knowledge and a leader in critical challenges in the region like sustainability, inequity and a greater focus on climatic change," said Manolo Moral of ECOLEX in Ecuador. "Unfortunately we still don't see much improvement in the capacity of the Bank to internally coordinate a sustainable development platform in Latin America."

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