Safeguards and Sustainability
Policies in a Changing World : An Independent Evaluation of
World Bank Group Experience

Safeguards and Sustainability Policies in a Changing World : An Independent Evaluation of World Bank Group Experience

The World Bank Group's (WBG) safeguards and sustainability policies were put in place to prevent or mitigate adverse impacts of its projects on people and the environment. These goals remain critical given current environmental and social tren...

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Bibliographic Details
Main Author:	Independent Evaluation Group
Format:	Publication
Language:	English
Published:	Washington, DC: World Bank 2012
Subjects:	ACCESS TO INFORMATION ACCOUNTABILITY ADB ADVISORY SERVICES ALLOCATIVE EFFICIENCY ANNUAL MONITORING AUDITORS AUDITS BANK FINANCING BANK LENDING BANK MANAGEMENT BANKS BORROWER CAPACITY BUILDING CHILD LABOR CLIMATE CHANGE CONSOLIDATION CONTRACTUAL RELATIONSHIPS CORRECTIVE ACTIONS COST ANALYSIS COST ESTIMATES COST SAVINGS CREDIT POLICIES CRISES DEVELOPMENT BANK DEVELOPMENT EFFECTIVENESS DISCLOSURE REQUIREMENTS DUE DILIGENCE REQUIREMENTS ECONOMIC GROWTH EMERGING MARKETS ENVIRONMENTAL ENVIRONMENTAL IMPACTS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL POLICIES ENVIRONMENTAL POLICY ENVIRONMENTAL RISK ENVIRONMENTAL SUSTAINABILITY ENVIRONMENTS EQUITIES EQUITY INVESTMENTS EXCLUSION FACTORING FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIARY FLEXIBILITY FORCED LABOR FORESTRY FULL DISCLOSURE GENDER GUARANTEE AGENCY ICR IMPACT ASSESSMENT IMPLEMENTATION COMPLETION REPORT INCOME INDIGENOUS PEOPLES INNOVATIVE FINANCIAL INSTRUMENTS INTERNATIONAL BANK INTERNATIONAL FINANCE KEY CHALLENGES LEARNING LENDING PORTFOLIO LIVELIHOODS LOAN MDB MICRO-MACRO LINKAGES NGO NONGOVERNMENTAL ORGANIZATIONS OIL OMBUDSMAN OPERATIONAL RISK OUTREACH PARTICIPATORY MONITORING PERFORMANCE INDICATORS PERFORMANCE MONITORING PORTFOLIO ANALYSIS PORTFOLIOS PRIVATE BANKS PRIVATE SECTOR FINANCING PRODUCERS PROGRAMS PROJECT MONITORING PUBLIC GOOD PUBLIC GOODS REAL SECTOR RESOURCE USE RISK FACTORS RISK MANAGEMENT RISK MITIGATION SAFETY SAVINGS SOCIAL ASSESSMENT SOCIAL BENEFITS SOCIAL IMPACT ASSESSMENTS SOCIAL MONITORING SOCIAL PERFORMANCE SOCIAL POLICIES SOCIAL SUSTAINABILITY SUBSIDIARIES SUBSIDIARY SUPPLIERS SUPPLY CHAIN SUPPLY CHAINS SUSTAINABLE DEVELOPMENT TARGETING TECHNICAL ASSISTANCE TRANSPORT UNION WORKING CONDITIONS
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20110818031333 http://hdl.handle.net/10986/2571

Description
Summary:	The World Bank Group's (WBG) safeguards and sustainability policies were put in place to prevent or mitigate adverse impacts of its projects on people and the environment. These goals remain critical given current environmental and social trends. Recent global experience in the financial and environmental arenas demonstrates clearly the need to put in place and enforce regulatory frameworks that balance costs and benefits, both private and social. This evaluation looks, for the first time, at the full set of safeguards and sustainability policies used in the WBG including the World Bank, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). The findings are intended to inform ongoing reviews of policies and strategies across the WBG, with an eye toward greater effectiveness in achieving environmental and social outcomes.