Inter - American Development Bank / Press Releases

International Rivers Network Press Release

INTER-AMERICAN DEVELOPMENT BANK INVESTIGATION CONFIRMS CHRONIC PROBLEMS AT YACYRETÁ DAM

(São Paulo) Following an 18–month investigation of the troubled Yacyretá dam on the Paraguay–Argentina border, the World Bank’s Inspection Panel has concluded that the project violates four separate World Bank policies on 14 different counts. The policies cover environmental assessment, involuntary resettlement, and project supervision, monitoring and evaluation.