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World Bank ' s policies and practice in environmental impact assessment

Author
Mahony S.
Journal/Series
Environmental and Planning Law Journal | Vol. 12(2); 97 - 115; 19 p.
Date
1995
Source
IUCN (ID: ANA-054112)
Publisher | Place of publication
The Law Book Company Ltd. | North Ryde, Australia
Language
English
Field of application
International
Country/Territory
Australia
Subject
Environment gen.
Keyword
Development agencies and aid EIA
Abstract

Fifty years after the establishment of the World Bank as a bank of ' reconstruction and development 'it is the world' s largest source of development funds and the object of strident criticism for its environmental performance. It is timely to consider its environmental policies with regard to environmental impact assessment (EIA), and the extent to which those policies are enforced. This article also examines the role of donor countries, such as Australia, which apply relatively strict EIA Policies to projects within their territory or which they fund on a bilateral basis; the role of the Bank ' s borrowers; and the political pressures on and within the Bank