It's the Environment, Stupid.

Thursday, September 14, 2006

WRI on World Bank Sustainable Development

Back in June, The World Bank rearranged a few things and merged the VP for Environmentally and Socially Sustainable Development and the VP for Infrastructure into a VP for Sustainable Development. While this appears to be a good thing, it raised some reservations within the World Resources Institute - which recently released a report on the matter.

The report is essentially a cautionary note from the WRI regarding the restructuring. While acknowledging it is still too early to tell how this will play out, the report includes some recommendations on how the Bank can continue forward progress in relation to the environment rather than sliding backward in their investment decisions.

Via ENN.

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