The World Bank Environmental and Social Framework sets out the World Bank’s commitment to sustainable development, through a Bank Policy and a set of Environmental and Social Standards that are designed to support Borrowers’ projects, with the aim of ending extreme poverty and promoting shared prosperity.

The Framework comprises:
• A Vision for Sustainable Development, which sets out the Bank’s aspirations regarding
environmental and social sustainability;
• The World Bank Environmental and Social Policy for Investment Project Financing,
which sets out the mandatory requirements that apply to the Bank; and
• The Environmental and Social Standards, together with their annexes, which set out
the mandatory requirements that apply to the Borrower and projects.

The Environmental and Social Standards set out the requirements for Borrowers relating to the identification and assessment of environmental and social risks and impacts associated with projects supported by the Bank through Investment Project Financing. The standards will: (a) support Borrowers in achieving good international practice relating to environmental and social sustainability; (b) assist Borrowers in fulfilling their national and international envi- ronmental and social obligations; (c) enhance non-discrimination, transparency, participation, accountability, and governance; and (d) enhance the sustainable development outcomes of projects through ongoing stakeholder engagement.

Supply chains are addressed in the section “Environmental and Social Standard 2. Labour and Working Conditions”. According to the standard, no trafficked persons will be employed in connection with the project.

World Bank Environmental and Social Framework - The World Bank Group, 2017 DOWNLOAD

post

page

attachment

revision

nav_menu_item

custom_css

customize_changeset

oembed_cache

user_request

wp_block

wp_template

wp_template_part

wp_global_styles

wp_navigation

wp_font_family

wp_font_face

acf-taxonomy

acf-post-type

acf-field-group

acf-field

ai1ec_event

exactmetrics_note

ILO Standards and COVID-19 (coronavirus)
COVID-19 resourcesStandards & Codes of Conduct

The International Labour Organization maintains a system of international labour standards (ILS) aimed at promoting opportunities for all to obtain decent and productive work, in conditions of freedom, equity, security and dignity. International lab...Read More

TAGS: Global
Global Justice: Using Strategic Litigation to Combat Forced Labour
News & AnalysisStandards & Codes of ConductLegislation

Forced labor is a feature, not a bug, in today’s global economic system. Forced labor spans the globe. It involves multinational corporations. It is found in special economic zones—and war zones. And it is in everyone’s backyard. Globally, 27....Read More

Anti-Trafficking Review – Everyday Abuse in the Global Economy
Standards & Codes of ConductGood Practices

Thematic Articles: Reflections from the Field: Disparate responses to labour exploitation in post Katrina Louisiana. Base Motives: The case for an increased focus on wage theft against migrant workers. Modern Heroes, Modern Slaves? Listening to ...Read More

Modern Slavery Statement FY2020
Standards & Codes of Conduct

This is our fifth Statement in response to the UK Modern Slavery Act and our first under the Australian Modern Slavery Act. It describes theactivities we have undertaken throughout our financial year (3) to strengthen our processes and better unders...Read More

TAGS: