OBSERVARE Universidade Autónoma de Lisboa ISSN: 1647-7251 Vol. 2, n.º 2 (Autumn 2011), pp. 45-58 TWO DECADES AFTER THE RIO EARTH SUMMIT: SUSTAINABLE DEVELOPMENT QUO VADIS? Korinna Horta email :
[email protected] Korinna Horta completed her Ph.D. in development studies at the University of London (SOAS), holds an M.A. in Latin American Studies and International Economics from Johns-Hopkins- University (SAIS) in Washington, D.C. and a degree in social science from the Universidade Nova de Lisboa, Lisbon. She has been a Yale University Stimson Fellow and a guest lecturer at universities in the U.S. and Europe. In addition to being a consultant to the United Nations Research Institute for Social Development and other international organizations, she served from 1990-2009 as a senior scientist at the Environmental Defense Fund in Washington, D.C.. At present she works on international finance, environment and human rights at Urgewald, a German organization. Since 2010 she also serves as a member of the Compliance Review Panel at the Inter-American Development Bank in Washington, D.C.. Among her publications are articles in the Yale Journal for International Affairs, the Harvard Human Rights Journal, the New Scientist and other journals. In addition, she published a book on international financial institutions and biodiversity and co-authored a book on East Timor. She has also written op-ed pieces and contributed several chapters to books on human rights, global environmental politics and international financial institutions. Abstract The world’s most influential development agency, the World Bank Group (WBG), is the leading actor in development finance and plays a central role in global efforts to protect the environment.