June 6, 2000, the World Bank and the IFC Board of Directors was to vote on whether to approve funding for a $ 4 billion Chad-Cameroon Petroleum Development and Pipeline Project. Although the project presented a unique opportunity to combat poverty in Chad, one of the poorest countries in the world, was the president of Chad, which was labeled "warlords" and the history of the civil war and oppression. This case describes the design, installation, and causes of the World Bank to participate in the deal - basically, the ability to reduce poverty, ensure compliance with environmental standards, and to minimize the impact on indigenous peoples. He also describes the very public and very hot opposition to the environmental, social and income policy project management. Faced with a high-risk but potentially high-return opportunity to improve conditions in Chad, students and directors have to decide whether to approve the funding for the transaction. "Hide
by Benjamin C. Esty, Carrie Ferman Source: Harvard Business School 22 pages. Publication Date: October 29, 2001. Prod. #: 202010-PDF-ENG
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