Extractive Industries Review Implementation: Assessment of the World – Bank Groups Follow-up Measures
Study | 10 December 2005
Based on several NGOs assessment, the reports concludes that the World Bank Group’s implementation of the EIR, including direct Management commitments, has been disappointing. Governance considerations, relevant to the extractive industries, are not systematically applied and do not appear to be having any influence on project selection or sequencing. Operational polices across the board are relying heavily on Bank staff discretion, both for Development Policy Lending and project lending. Lastly, and perhaps most importantly, there have been no significant qualitative shifts in the implementation of extractive projects during the first year since Board approval of the Management’s Response.
Theme: Social & economic impacts | Mining
Never miss an update
We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.
STAY INFORMED
