Resource information
The report outlines the work of the
World Bank in addressing client countries with environmental
challenges, and, aims to ensure the lending program
integrates principles of environmental sustainability. It
highlights that the challenge of development assistance lies
in working with clients to implement policies, programs, and
investments that distribute the gains of development in an
equitable manner, by reducing poverty, and avoiding
sacrificing the interests of future generations, to meet the
needs of the current one, and in addition, it builds on the
consensus that natural resources, and environmental assets
must be managed sustainably. This environment strategy links
environment and development with the qualities of life,
growth, and regional and global commons, by enhancing the
livelihoods of poor people who are heavily dependent on the
productivity of ecosystems, and natural resources; by
preventing, and reducing environmental health risks; by
supporting policy, regulatory, and institutional frameworks
for sustainable environmental management, and, by supporting
private sector development, to help improve, and protect the
regional, and global environment, i.e., climate change, land
degradation, forests, water resources, and biodiversity. The
strategy stresses on strengthening analytical, and advisory
activities, on country-level environmental analysis, and on
strategic sectoral, regional, and policy-focused
environmental assessments, through improved project design,
performance criteria, and capacity development, while
emphasizing on the commitment of countries towards
sustainable development.
