World Rainforest Movement

Honduras: palm plantations and violence under the auspices of the World Bank

Rec_HondurasAn article in the newspaper “El País” shows the intense violence experienced by the people of the valley of Bajo Aguán, in Honduras, who are struggling to regain land that was captured long ago by Dinant Corporation for its vast palm oil plantations. The conflict has attracted worldwide attention partly because the company had the backing of the International Finance Corporation (IFC), the commercial sector arm of the World Bank which grants loans to private companies. The IFC provided support to Dinant while clashes took place on the ground. Since 2004, the IFC has approved more than 180 initiatives that may involve physical or economic displacement around the world, according to a documentation analysis of the organization carried out by the International Consortium of Investigative Journalists.

Read the article (in Spanish) at: