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. This is the Inspection Panel’s second critical review of the Bank’s failure to comply with its own policies on Yacyretá, which received World Bank loans totaling $878 million between 1979 and 2002. T