World Bank Contributing to Extinctions and Overfishing New Report Documents Damage to the Pacific Ocean from Investments in Destructive Longline Fishing
News
13 Sep 2005 - 18 Jan 2016
Only weeks after the World Bank announced a new project to promote sustainable fishing, a new report documents how controversial bank investments in longline fishing in the Pacific are contributing to overfishing for tuna and an extinction crisis for sea turtles and seabirds. As the World Bank prepares for its annual meeting on September 24-25, new questions arise as to the destructive impact of investments by the World Bank and other multilateral development banks on the ocean and fisheries resources.