IDB criticized for some energy projects

Inter-American Development Bank President Luis Alberto Moreno touted the lending agency's efforts to support green fuels and energy conservation on Saturday. But environmental groups accused the bank of pumping billions of dollars into projects that harm the environment.

Amazon Watch, Friends of the Earth and the Bank Information Center, which are participating in the annual meeting, questioned the bank's support for highway and energy projects under the auspices of the Integration of South American Regional Infrastructure. They said the project will contribute to deforestation, harm for indigenous communities and an increase in greenhouse gas emissions.

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