1.

Record Nr.

UNINA9910959035903321

Autore

Liebenthal Andres <1947->

Titolo

Extractive industries and sustainable development : an evaluation of the World Bank Group's experience / / Andres Liebenthal, Roland Michelitsch, Ethel Tarazona

Pubbl/distr/stampa

Washington, DC, : World Bank, 2004

ISBN

1-280-15645-7

9786610156450

0-8213-5711-5

Edizione

[1st ed.]

Descrizione fisica

xiv, 236 pages : illustrations ; ; 28 cm

Collana

Operations evaluation studies

Altri autori (Persone)

MichelitschRoland

TarazonaEthel I. <1963->

Disciplina

338.2/09172/4

Soggetti

Mineral industries - Environmental aspects - Developing countries

Sustainable development - Developing countries

Economic development projects - Developing countries - Evaluation

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"Report no. 26373."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

1. Overview -- 2. World Bank experience -- 3. IFC experience -- 4. MIGA experience.

Sommario/riassunto

How effectively has the World Bank Group assisted its clients in enhancing the contribution of the extractive industries to sustainable development? This evaluation finds that with its global mandate and experience, comprehensive country development focus, and overarching mission to fight poverty, the World Bank Group is well positioned to help countries overcome the policy, institutional, and technical challenges that prevent them from transforming resource endowments into sustainable benefits. Furthermore, the World Bank Group's achievements are many. On the whole, its extractive industries projects have produced positive economic and financial results, though compliance with its environmental and social safeguards remains a challenge. Its research has broadened and deepened understanding of the causes for the disappointing performance of resource-rich countries. Its guidelines for the mitigation of adverse environmental and social impacts have been widely used and appreciated. More



recently, it has begun to address the challenge of country governance with a variety of instruments. The World Bank Group can, however, do much to improve its performance in enhancing the extractive industry sector's contribution to sustainable development and poverty reduction. The report identifies three main areas for improvement - formulating an integrated strategy, strengthening implementation and engagement of stakeholders.