Evaluative Directions for the World Bank Group's Safeguards and Sustainability Policies
The financial and food crises are reminders of the growing challenges countries face in sustaining economic growth and lifting the living standards of the poor. Equally, the emerging impacts of global warming on natural disasters and on agriculture...
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Washington, DC: World Bank
2012
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| 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=000386194_20110811003857 http://hdl.handle.net/10986/2339 |
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okr-10986-23392021-04-23T14:02:01Z Evaluative Directions for the World Bank Group's Safeguards and Sustainability Policies Dani, Anis Freeman, Ade Thomas, Vinod ABATEMENT ACCESS TO INFORMATION ACCOUNTABILITIES ACCOUNTABILITY ADB ADEQUATE DISCLOSURE ADVISORY SERVICES AGRICULTURAL SECTORS ALLOCATIVE EFFICIENCY BANK LENDING BANK MANAGEMENT BENEFIT ANALYSIS BORROWER BORROWING CAPACITY BUILDING CIVIL SOCIETY CLIMATE CHANGE COMPARATIVE ANALYSIS COMPLAINTS CONFLICT OF INTEREST CONFLICTS OF INTEREST COST ANALYSIS COST EFFECTIVENESS COST SAVINGS CRISES CURRENT COSTS DEVELOPMENT ASSISTANCE DEVELOPMENT BANK DEVELOPMENT EFFECTIVENESS DISPLACEMENT DIVISION OF LABOR ECONOMIC GROWTH EIB EMPIRICAL EVIDENCE ENVIRONMENTAL ENVIRONMENTAL IMPACTS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL POLICIES ENVIRONMENTAL SUSTAINABILITY EQUITIES EQUITY INVESTMENTS EXCLUSION EXPENDITURE EXTERNALITIES FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIARY GENDER GOVERNMENT EXPENDITURES GUARANTEE AGENCY INCOME INDIGENOUS PEOPLES INFLATION INSTITUTIONAL CAPACITY INSTITUTIONAL REFORMS INTERNATIONAL FINANCE INTERNATIONAL LAW INTERNATIONAL LAWS INVESTMENT BANK LAWS LEGISLATION LENDING POLICIES LENDING PORTFOLIO LIVING STANDARDS MORAL HAZARD MULTILATERAL DEVELOPMENT BANKS NEGATIVE EXTERNALITIES OMBUDSMAN PEER REVIEW POLLUTION POOR CLIENT PRIVATE INVESTMENTS PRIVATE SECTOR FINANCING REAL SECTOR REFUGEES REMEDY REORGANIZATION RESOURCE ALLOCATION RESOURCE MANAGEMENT RESOURCE USE SAFETY SAVINGS SOCIAL BENEFITS SOCIAL COSTS SOCIAL DEVELOPMENT STRUCTURAL ADJUSTMENT SUPPLY CHAIN SUPPLY CHAINS SUSTAINABLE DEVELOPMENT TECHNICAL SUPPORT TRANSPORT WORKING CONDITIONS The financial and food crises are reminders of the growing challenges countries face in sustaining economic growth and lifting the living standards of the poor. Equally, the emerging impacts of global warming on natural disasters and on agriculture are warning signs of the urgency to care for the environment and society. 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. In this context, the crucial questions in the recent evaluation by the Independent Evaluation Group (IEG) of the World Bank Group's safeguards and sustainability policy framework concern the effectiveness of the instrument in mitigating adverse environmental and social impacts of development programs, and suggesting ways to improve the results. IEG's evaluation covered projects approved from FY1999 to FY2008. During this period, social and environmental effects were significant in half of World Bank projects 1,402 with commitments of $109 billion; 88 percent of projects financed by the International Finance Corporation (IFC) 1,662 with commitments of $35 billion; and 217 guarantees by the Multilateral Investment Guarantee Agency (MIGA). The main thrust of the evaluation findings is that the World Bank Group's safeguards and sustainability policies have helped avoid or mitigate large-scale social and environmental risks in the projects it financed, but many projects with substantial environmental and social impacts remain of concern primarily because of inadequate supervision and follow-up. 2012-03-19T09:04:23Z 2012-03-19T09:04:23Z 2011 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20110811003857 978-1-60244-185-8 http://hdl.handle.net/10986/2339 English Evaluation Brief ; No. 15 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication The World Region The World Region |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ABATEMENT ACCESS TO INFORMATION ACCOUNTABILITIES ACCOUNTABILITY ADB ADEQUATE DISCLOSURE ADVISORY SERVICES AGRICULTURAL SECTORS ALLOCATIVE EFFICIENCY BANK LENDING BANK MANAGEMENT BENEFIT ANALYSIS BORROWER BORROWING CAPACITY BUILDING CIVIL SOCIETY CLIMATE CHANGE COMPARATIVE ANALYSIS COMPLAINTS CONFLICT OF INTEREST CONFLICTS OF INTEREST COST ANALYSIS COST EFFECTIVENESS COST SAVINGS CRISES CURRENT COSTS DEVELOPMENT ASSISTANCE DEVELOPMENT BANK DEVELOPMENT EFFECTIVENESS DISPLACEMENT DIVISION OF LABOR ECONOMIC GROWTH EIB EMPIRICAL EVIDENCE ENVIRONMENTAL ENVIRONMENTAL IMPACTS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL POLICIES ENVIRONMENTAL SUSTAINABILITY EQUITIES EQUITY INVESTMENTS EXCLUSION EXPENDITURE EXTERNALITIES FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIARY GENDER GOVERNMENT EXPENDITURES GUARANTEE AGENCY INCOME INDIGENOUS PEOPLES INFLATION INSTITUTIONAL CAPACITY INSTITUTIONAL REFORMS INTERNATIONAL FINANCE INTERNATIONAL LAW INTERNATIONAL LAWS INVESTMENT BANK LAWS LEGISLATION LENDING POLICIES LENDING PORTFOLIO LIVING STANDARDS MORAL HAZARD MULTILATERAL DEVELOPMENT BANKS NEGATIVE EXTERNALITIES OMBUDSMAN PEER REVIEW POLLUTION POOR CLIENT PRIVATE INVESTMENTS PRIVATE SECTOR FINANCING REAL SECTOR REFUGEES REMEDY REORGANIZATION RESOURCE ALLOCATION RESOURCE MANAGEMENT RESOURCE USE SAFETY SAVINGS SOCIAL BENEFITS SOCIAL COSTS SOCIAL DEVELOPMENT STRUCTURAL ADJUSTMENT SUPPLY CHAIN SUPPLY CHAINS SUSTAINABLE DEVELOPMENT TECHNICAL SUPPORT TRANSPORT WORKING CONDITIONS |
| spellingShingle |
ABATEMENT ACCESS TO INFORMATION ACCOUNTABILITIES ACCOUNTABILITY ADB ADEQUATE DISCLOSURE ADVISORY SERVICES AGRICULTURAL SECTORS ALLOCATIVE EFFICIENCY BANK LENDING BANK MANAGEMENT BENEFIT ANALYSIS BORROWER BORROWING CAPACITY BUILDING CIVIL SOCIETY CLIMATE CHANGE COMPARATIVE ANALYSIS COMPLAINTS CONFLICT OF INTEREST CONFLICTS OF INTEREST COST ANALYSIS COST EFFECTIVENESS COST SAVINGS CRISES CURRENT COSTS DEVELOPMENT ASSISTANCE DEVELOPMENT BANK DEVELOPMENT EFFECTIVENESS DISPLACEMENT DIVISION OF LABOR ECONOMIC GROWTH EIB EMPIRICAL EVIDENCE ENVIRONMENTAL ENVIRONMENTAL IMPACTS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL POLICIES ENVIRONMENTAL SUSTAINABILITY EQUITIES EQUITY INVESTMENTS EXCLUSION EXPENDITURE EXTERNALITIES FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIARY GENDER GOVERNMENT EXPENDITURES GUARANTEE AGENCY INCOME INDIGENOUS PEOPLES INFLATION INSTITUTIONAL CAPACITY INSTITUTIONAL REFORMS INTERNATIONAL FINANCE INTERNATIONAL LAW INTERNATIONAL LAWS INVESTMENT BANK LAWS LEGISLATION LENDING POLICIES LENDING PORTFOLIO LIVING STANDARDS MORAL HAZARD MULTILATERAL DEVELOPMENT BANKS NEGATIVE EXTERNALITIES OMBUDSMAN PEER REVIEW POLLUTION POOR CLIENT PRIVATE INVESTMENTS PRIVATE SECTOR FINANCING REAL SECTOR REFUGEES REMEDY REORGANIZATION RESOURCE ALLOCATION RESOURCE MANAGEMENT RESOURCE USE SAFETY SAVINGS SOCIAL BENEFITS SOCIAL COSTS SOCIAL DEVELOPMENT STRUCTURAL ADJUSTMENT SUPPLY CHAIN SUPPLY CHAINS SUSTAINABLE DEVELOPMENT TECHNICAL SUPPORT TRANSPORT WORKING CONDITIONS Dani, Anis Freeman, Ade Thomas, Vinod Evaluative Directions for the World Bank Group's Safeguards and Sustainability Policies |
| geographic_facet |
The World Region The World Region |
| relation |
Evaluation Brief ; No. 15 |
| description |
The financial and food crises are
reminders of the growing challenges countries face in
sustaining economic growth and lifting the living standards
of the poor. Equally, the emerging impacts of global warming
on natural disasters and on agriculture are warning signs of
the urgency to care for the environment and society. 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. In this context, the crucial questions
in the recent evaluation by the Independent Evaluation Group
(IEG) of the World Bank Group's safeguards and
sustainability policy framework concern the effectiveness of
the instrument in mitigating adverse environmental and
social impacts of development programs, and suggesting ways
to improve the results. IEG's evaluation covered
projects approved from FY1999 to FY2008. During this period,
social and environmental effects were significant in half of
World Bank projects 1,402 with commitments of $109 billion;
88 percent of projects financed by the International Finance
Corporation (IFC) 1,662 with commitments of $35 billion;
and 217 guarantees by the Multilateral Investment Guarantee
Agency (MIGA). The main thrust of the evaluation findings is
that the World Bank Group's safeguards and
sustainability policies have helped avoid or mitigate
large-scale social and environmental risks in the projects
it financed, but many projects with substantial
environmental and social impacts remain of concern primarily
because of inadequate supervision and follow-up. |
| format |
Publications & Research :: Publication |
| author |
Dani, Anis Freeman, Ade Thomas, Vinod |
| author_facet |
Dani, Anis Freeman, Ade Thomas, Vinod |
| author_sort |
Dani, Anis |
| title |
Evaluative Directions for the World
Bank Group's Safeguards and Sustainability Policies |
| title_short |
Evaluative Directions for the World
Bank Group's Safeguards and Sustainability Policies |
| title_full |
Evaluative Directions for the World
Bank Group's Safeguards and Sustainability Policies |
| title_fullStr |
Evaluative Directions for the World
Bank Group's Safeguards and Sustainability Policies |
| title_full_unstemmed |
Evaluative Directions for the World
Bank Group's Safeguards and Sustainability Policies |
| title_sort |
evaluative directions for the world
bank group's safeguards and sustainability policies |
| publisher |
Washington, DC: World Bank |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20110811003857 http://hdl.handle.net/10986/2339 |
| _version_ |
1764385286198919168 |