The World Bank Extractive Industries Review: Update and Interim Assessment

The Extractive Industries Review (EIR) is an independent consultative process initiated by the World Bank Group (Bank) to consider the Banks future role in the oil, gas and mining industries. Friends of the Earth has been closely monitoring the EIR process since its inception. In November 2002, FoE released a Midterm Assessment of the EIR that described the most critical issues that had arisen during the first year of the Review, and assessed the key challenges that lay ahead in the coming year. The Midterm Assessment emphasized concerns about the limited resources and capacities of the Review, the World Banks commitment to the process, and the EIRs uneven implementation of the workplan.