World Bank
World Bank

The World Bank on Tuesday kicked off a three-day meeting in Nairobi aimed at providing a comprehensive understanding of the new environmental and social requirements the lender will apply to the investment projects it finances from October.

The meeting to support the implementation of the new World Bank Environmental and Social Framework (ESF) brought together government representatives from Kenya.

Diarietou Gaye, World Bank Country Director for Kenya, said ESF is a great opportunity to work together with the government to strengthen its environmental and social systems, and help build the country’s capacity to implement programs in a sustainable way and to achieve stronger results.

“Time and again, we have seen that investment projects are more sustainable and have a greater development impact when the environment is protected, and when communities and people are engaged,” Gaye said in a statement.

She said the new framework provides a broad coverage of environmental and social issues, including important advances on transparency, non-discrimination, social inclusion, public participation and accountability.

According to the World Bank, the ESF also places more emphasis on building borrower governments’ own capacity to deal with environmental and social issues.

“The World Bank’s environmental and social policies aim to ensure that the people and the environment are protected from the potential adverse impacts of the projects it finances, such as building a road, connecting people to electricity, or treating waste water,” said lender.

The ESF, expected to progressively replace the World Bank’s current Safeguards policies help identify, avoid, and minimize harm to people and the environment.

“They require the borrowing governments to address certain environmental and social risks in order to receive World Bank support for investment projects,” said the World Bank.

The World Bank said ESF is the result of broader consultations with nearly four years of analysis and engagement worldwide. Enditem


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