Independent Evaluation Group2012-03-192012-03-192010978-1-60244-159-0https://hdl.handle.net/10986/2571The 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.CC BY 3.0 IGOACCESS TO INFORMATIONACCOUNTABILITYADBADVISORY SERVICESALLOCATIVE EFFICIENCYANNUAL MONITORINGAUDITORSAUDITSBANK FINANCINGBANK LENDINGBANK MANAGEMENTBANKSBORROWERCAPACITY BUILDINGCHILD LABORCLIMATE CHANGECONSOLIDATIONCONTRACTUAL RELATIONSHIPSCORRECTIVE ACTIONSCOST ANALYSISCOST ESTIMATESCOST SAVINGSCREDIT POLICIESCRISESDEVELOPMENT BANKDEVELOPMENT EFFECTIVENESSDISCLOSURE REQUIREMENTSDUE DILIGENCE REQUIREMENTSECONOMIC GROWTHEMERGING MARKETSENVIRONMENTALENVIRONMENTAL IMPACTSENVIRONMENTAL MANAGEMENTENVIRONMENTAL PERFORMANCEENVIRONMENTAL POLICIESENVIRONMENTAL POLICYENVIRONMENTAL RISKENVIRONMENTAL SUSTAINABILITYENVIRONMENTSEQUITIESEQUITY INVESTMENTSEXCLUSIONFACTORINGFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL INSTRUMENTSFINANCIAL INTERMEDIARIESFINANCIAL INTERMEDIARYFLEXIBILITYFORCED LABORFORESTRYFULL DISCLOSUREGENDERGUARANTEE AGENCYICRIMPACT ASSESSMENTIMPLEMENTATION COMPLETION REPORTINCOMEINDIGENOUS PEOPLESINNOVATIVE FINANCIAL INSTRUMENTSINTERNATIONAL BANKINTERNATIONAL FINANCEKEY CHALLENGESLEARNINGLENDING PORTFOLIOLIVELIHOODSLOANMDBMICRO-MACRO LINKAGESNGONONGOVERNMENTAL ORGANIZATIONSOILOMBUDSMANOPERATIONAL RISKOUTREACHPARTICIPATORY MONITORINGPERFORMANCE INDICATORSPERFORMANCE MONITORINGPORTFOLIO ANALYSISPORTFOLIOSPRIVATE BANKSPRIVATE SECTOR FINANCINGPRODUCERSPROGRAMSPROJECT MONITORINGPUBLIC GOODPUBLIC GOODSREAL SECTORRESOURCE USERISK FACTORSRISK MANAGEMENTRISK MITIGATIONSAFETYSAVINGSSOCIAL ASSESSMENTSOCIAL BENEFITSSOCIAL IMPACT ASSESSMENTSSOCIAL MONITORINGSOCIAL PERFORMANCESOCIAL POLICIESSOCIAL SUSTAINABILITYSUBSIDIARIESSUBSIDIARYSUPPLIERSSUPPLY CHAINSUPPLY CHAINSSUSTAINABLE DEVELOPMENTTARGETINGTECHNICAL ASSISTANCETRANSPORTUNIONWORKING CONDITIONSWorld Bank10.1596/978-1-60244-159-0