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Multilateral Development Banking - Environmental Principles and Concepts Reflecting General International Law and Public Policy (Paperback)
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Multilateral Development Banking - Environmental Principles and Concepts Reflecting General International Law and Public Policy (Paperback)
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This work provides a detailed analysis of international
environmental legal principles and concepts, as well as public
policy criteria of direct relevance to Multilateral Development
Bank (MDB) operations in developing member countries. The study
describes the international legal and public policy underpinning
MDB's pursuit of sustainable development as a strategic development
objective which is key not only to the quality of life of
inhabitants of the countries concerned, but also to global economic
prosperity. The bulk of legal rules, standards and guidelines, as
well as of public policy notions, are reduced in this volume to a
set of operationally meaningful principles and concepts for
multilateral development banking. The book draws from a vast range
of source materials and extends from international conventional law
(multilateral, bilateral), customary legal principles, Agenda 21
and other formally non-binding instruments or documents, to
practices and standards of international financial institutions.
The issues addressed include accountability and empowerment (which
include access to information, environmental impact assessment, and
public participation); the social impact of MDB operations (such as
involuntary resettlement, treatment of indigenous populations); the
effectiveness of environmental protection measures (such as
environmental monitoring and environmental audits); and the impact
on certain environmental resources. This overview of the
environmental policy objectives and criteria applicable to
multilateral development banking should be welcomed by
policy-makers, environmentalists, lawyers, scholars, stakeholders
in development projects, and many others.
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