The latest World Bank environmental and social framework: Progress on fair and equitable benefit-sharing?

Research output: Online publication or Non-textual formWeb publication/siteScientificpeer-review

Abstract

On 4th August 2016, the World Bank’s Board of Executive Directors approved a new Environmental and Social Framework, which is expected to enter into effect in early 2018 and replace the current Operational Policies and Bank Procedures. This is the first in a series of three blog posts that evaluate the Framework with specific regard to fair and equitable benefit-sharing with peoples affected by Bank-financed projects. Specifically, the blogs will seek to contrast these references with the understanding of benefit-sharing arising from international human rights and biodiversity law. Of the four Standards that explicitly incorporate the concept of benefit-sharing, this first post will focus on impact assessment and on cultural heritage, whilst the next ones will engage with indigenous peoples' interests and with land acquisition respectively.
Original languageEnglish
Place of Publicationhttps://benelexblog.wordpress.com/
Media of outputOnline
Publication statusPublished - 12 Jul 2017
Externally publishedYes

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