Ukraine Reconstruction Campaigner
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Anna is Bankwatch’s Ukraine Reconstruction Campaigner, working on green reconstruction and environmental safeguards in Ukraine’s recovery. Her work focuses on alternative sources of energy for communities, energy resilience, and the alignment of Ukraine’s energy policy and public investment management system with EU standards. Originally from Kyiv, she holds an MSc in Environmental Sciences and Policy from Central European University and is based in Bratislava.
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“Grounded in Washington”, a report from Bankwatch and Bank Information Center, finds that the World Bank Group’s implementation of its Extractive Industries Review (EIR) in Europe and central Asia is neglecting a significant number of commitments which the Bank’s managment signed up to in October last year. Our on the ground investigations into six WBG supported extractive projects has revealed uneven EIR implementation.
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.
This paper provides a report to the Board on progress in implementing the Management Response to the reports of the Extractive Industries review and the World Bank Groups’s own evaluations. It follows abn interim update to the Board in July 2005. The paper overviews key extractive industries (oil, gas, mining – EI) related developments in the last year, summarizes WBG activities in the sector in the year, and reviews specific progress in implementation of the MR.
Extractive Industries Review Reports
November 4, 2005 | Read more
Striking a Better Balance Executive Summary English | French | Russian | Spanish ) Volume I: The World Bank and Extractive Industries
