Elaeis guineensis standing unplanted in Indonesia, tropical hardwood forests are being cleared for palm oil plantations. Furthermore, as the remaining unprotected lowland forest dwindles, developers are looking to plant peat swamp land, using drainage that begins an oxidation process of the peat which can release 5,000 to 10,000 years worth of stored carbon. Drained peat is also at very high risk of forest fire. There is a clear record of fire being used to clear vegetation for oil palm development in Indonesia, where in recent years drought and man-made clearances have led to massive uncontrolled forest fires, covering parts of Southeast Asia
Nigeria and the World Bank under President Olusegun Obasanjo. From there on relations with the World Bank and Nigeria flourished. The World Bank has been working with Nigeria to reduce the high rate of poverty, create better human capital, diversify the country's revenue through non-oil sectors, and help with economic management. Up until 2004 the World Bank was slow to release funds and most projects were relatively going slow and have proved unsatisfactory. Through 2000 to 2007 the World Bank was set on making reforms in macro stability and governance. According to the World Bank evaluations, this was classified as being moderately satisfactory. The other