Extractive Industries and Sustainable Development : An Evaluation of World Bank Group Experience
This evaluation finds that with its global mandate and experience, comprehensive country development focus, and overarching mission to fight poverty, the World Bank Group is well positioned to help countries overcome the policy, institutional, and...
| Main Authors: | , , |
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2005/01/5876430/extractive-industries-sustainable-development-evaluation-world-bank-group-experience http://hdl.handle.net/10986/7368 |
| Summary: | This evaluation finds that with its
global mandate and experience, comprehensive country
development focus, and overarching mission to fight poverty,
the World Bank Group is well positioned to help countries
overcome the policy, institutional, and technical challenges
that prevent them from transforming resource endowments into
sustainable benefits. Furthermore, the World Bank
Group's achievements are many. On the whole, its
extractive industries projects have produced positive
economic and financial results, though compliance with its
environmental and social safeguards remains a challenge. Its
research has broadened and deepened understanding of the
causes for the disappointing performance of resource-rich
countries. Its guidelines for the mitigation of adverse
environmental and social impacts have been widely used and
appreciated. More recently, it has begun to address the
challenge of country governance with a variety of instruments. |
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