The World Bank Group, the Extractive Industries Review (EIR) and Governance: Evaluating the Bank Groups implementation of its commitments
Study | 14 January 2006
The new report by Environmental Defense and Bank Information Center, examining the World Bank Group’s implementation of its post-EIR commitment to factor governance into decisions about the selection and sequencing of extractive industries operations. The review of five country strategies and six EI projects approved or proposed during the past year reveals that the World Bank Group has done little to effectively and transparently implement its own minimal commitments, and has not undertaken a participatory process to identify EI-specific governance indicators and clearly link these indicators to support for EI projects and policies.
Theme: Social & economic impacts | Mining