Publication: Supporting Environmental Sustainability: An Evaluation of World Bank Group Experience, 1990-2007
Date
2008-08
ISSN
Published
2008-08
Author(s)
World Bank
Abstract
The Bank Group's lending and
non-lending support for environmental sustainability has
increased and improved over the past 15 years. But the
institution needs to raise the priority it accords to this
area of rising concern, strengthen internal cooperation, and
work more effectively with its government and private
partners to help countries to get better results in
addressing environmental challenges. The Bank, International
Finance Corporation (IFC), and Multilateral Investment
Guarantee Agency (MIGA) should jointly develop and commit to
a new environmental strategy and ensure that environmental
priorities enter fully into their strategic directions as
well as in regional and country assistance programs,
focusing in particular on underperforming regions and
sectors and countries with the most significant
environmental problems. The Bank Group should step up its
support for public-private partnerships and take greater
advantage of the private sector's potential for
technology development and transfer, transformation toward
clean and low-carbon technologies, and sustainable supply
chains, while continuing to help countries strengthen
environmental governance.
Citation
“World Bank. 2008. Supporting Environmental Sustainability: An Evaluation of World Bank Group Experience, 1990-2007. IEG Fast Track Brief. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/1a3ecd0f-39c6-5288-b720-824a1a366574 License: CC BY 3.0 IGO.”