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121010 World Bank Safeguards Review Approach Paper


121010 World Bank Safeguards Review Approach Paper

With this Approach Paper, the World Bank is launching a two-year process to review and update its current environmental and social safeguard policies. The safeguard policies contribute to sustainability and development effectiveness in Bank projects and programs by helping to avoid or mitigate harm to people and the environment. This review and update will better align the policies with the changing needs and aspirations of borrowers, the external context, and the business of the Bank. This paper summarizes the evolution of the safeguard policies, explains the approach to, and rationale and objectives for the review and update, and outlines the parameters of the process.