A 1,070-kilometre oil pipeline project in Chad and Cameroon is expected to fetch them us $2 billion and us $500 billion respectively, over the project's 25-year lifespan. However, environmental and human rights groups have offered strong opposition to the project and asked for a moratorium on World Bank financing for oil and gas projects. On the other hand, a senior official at the World Bank's International Finance Corporation, says the project has set new standards for ethical financing in difficult environments.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/chad
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/down-earth
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/finance
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrochemical-industry
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/human-rights
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/world-bank
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/chad