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

Independent Evaluation Group

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

Autores

Independent Evaluation Group

Editor

Washington, DC: World Bank

Descripción

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.

Palabras clave

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