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FOSSILIZED THINKING
This report by the Center for International Environmental Law (CIEL) critiques the World Bank's 3.75 billion dollar loan to Eskom Holding Limited for the Eskom Investment Support Project in South Africa. The authors argue that the Bank failed to comply with its own Operational Policy 10.04 (OP 10.04) by neglecting to fully quantify and incorporate environmental and social externalities—specifically regarding water scarcity, air quality, and transboundary impacts—into the project's Economic Evaluation, thereby overstating the project's net benefits.
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Document type: Report
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