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NGOs: World Banks New Safeguards Weaken Protections

2016-07-29 00:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: After a four-year review of its environmental and social safeguards, the World Bank has released an updated set of safeguards in the newly drafted document "Environmental and Social Framework." But nongovernmental organizations say the safeguards have been weakened, not strengthened. The Bank says the safeguards review and update is part of a larger modernization effort within the institution, which includes separate reviews of Investment Lending, to which the safeguard policies are applied, and...

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