Download A New ENVIRONMENT STRATEGY for the World Bank Group

Djordjija Petkoski
World Bank Institute
1984 – Environmental Impact Assessments in investment lending adopted
1987 – Environment Department created
1992 – Earth Summit in Rio de Janeiro / Montreal Protocol launched / WDR on Environment
1993 – Global Environment Facility launched
1997 – Safeguards Policies adopted
1998 – The Pollution Prevention and Abatement Handbook launched
1999 – Prototype Carbon Fund launched
2001 – World Bank Environment Strategy
2003 – Equator Principles established (led by the IFC)
2006 – Sustainable Development Network (SDN) created
2006 – Policy and Performance Standards on Social and Environmental Sustainability
adopted (IFC) – MIGA adopts in 2007 (Multilateral Investment Guarantee Agency)
2008 – Development and Climate Change Strategic Framework approved
2009 ~ 2010 – Development of Environment Strategy 2010 for the World Bank Group
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Private sector is a key players in finding
solutions to climate change and
environmental challenges
While progress has been made, challenges remain.
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Hunger and child malnutrition are
linked to poor sanitation and hygiene
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Disease due to environmental factors15
times higher in developing countries;
40% of burden falls on children under 5
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Financial crisis holding 53 million
people in extreme poverty
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Food crisis has left 63 million more
people hungry
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Environmental
Health
and Pollution
Management
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24% of disease burden and 23% of all deaths in developing countries due to
environmental risk factors
Half of malnutrition is caused by poor sanitation from lack of access to safe water
Indoor air pollution responsible for 1.5 million deaths from respiratory illness; 2.7% of
global burden of disease
Weak inter-ministerial coordination
Lack of coordination among different levels of government
Under-funded environmental institutions
Enforcement
Governance &
Institutions



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Sustainable
Natural
Resource
Management
 Deterioration seen in water, air, forests, grasslands, marine resources, agro-ecosystems
 Overfishing: 75% of global fish stocks are fully or over-exploited
 Eco-system loss
Climate Change
 Increasing access to energy needed, while cleaner technologies are more expensive
 Poorest most vulnerable to climate change; they lack the resources or capacity to adapt
 20% of carbon emissions come from deforestation and degradation
Social Equity
 Vulnerable and marginalized communities continue to face exclusion and isolation,
unaccountable institutions, and powerlessness
 Poor people remain voiceless, unheard; development processes often do not reflect their
needs and priorities
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Climate Change is a key development and
inter-generational challenge
But it is also an opportunity for businesses to
develop new innovative solutions
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WBI has a large focus on environmental and climate
change issues by fostering networks of practitioners;
Capturing and exchanging knowledge and ultimately
building their capacity to become agents of change
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E-Conference
October-November 2009
Training program for
private sector on
climate change
Series of consultation with
Private sector
Nov. 6 –Ghana and Nov. 10- Washington
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