Rethinking Bretton Woods | Fri, May 24, 2013
Center of Concern staff Aldo Caliari speaks at a panel discussion hosted by American University on the World Bank process to amend environmental and social safeguards.
The World Bank and the amendment to its social and environmental safeguard policies: What is new?
Friday, June 7, 2013
12:30PM - 02:00PM
In 2012, the World Bank launched a two-year consultation process to review and update its social and environmental safeguard policies. These policies were put in place more than two decades ago to prevent undue harm to people and the environment from Bank-funded development projects. They provide guidelines for Bank and borrower personnel in the identification, preparation, and implementation of programs and projects. In addition to the existing eight social and environmental safeguard policies, the Bank is considering alternatives to address other emerging areas not covered by the current safeguard policies. These include climate change, disability, free prior and informed consent of indigenous people, gender, human rights, labor and occupational health and safety, land tenure and natural resources. In the first period of the process, the consultation involved internal dialogue, discussions with shareholders and stakeholders, as well as a global series of focus groups with external experts on each of the seven emerging areas. The panel will analyze the outcomes of the consultation process as of today and assess the prospects for success of the future policies and their implementation in practice, once this process is completed in 2014.
Aldo Caliari, Director, Rethinking Bretton Woods Project, Center of Concern
Leonardo Crippa, Senior Attorney, Indian Law Resource Center
Charles Di Leva, Chief Counsel of the Legal Department, World Bank
Jocelyn Medallo, Senior attorney for International Finance, CIEL
Moderator: Margaret Wachenfeld, Director of Legal Affairs, Institute for Human Rights