EIR implementation meeting
Minutes||30 September 2005|
This meeting between CSOs and IFC representatives on the World Bank's implementation of its management response to the extractive industries review (EIR) was held as a follow-up to the one held at the World Bank spring meetings in April (see below).
IFC Staff present: Rashad Kaldany, Director of the Oil, Gas and Minerals (OGM) department; Clive Armstrong OGM; Hannfried von Hindenburg, Communications Department; Somit Varma, OGM; Omar Chaudry, OGM;Ted Pollett, Environment & Social Development Department (ESSD); Fabio Pittaluga, ESSD; Patty Miller, ESSD; Amar Inamdar, Compliance Advisor Ombudsman's office.
EI Advisory Group
World Bank EIR Implementation Progress Report
This is scheduled to go to the board in late December. A formal board discussion is not planned and will only happen upon board request. The report will be publicly disclosed only after board approval of the final document. Kaldany agreed to consider other options for obtaining CSO input on the report before the Board review. The report will represent the IFC's view of their performance on EIR implementation. There are no Bank evaluation departments involved.
The IFC poverty indicators template has been amended to reflect consideration of potential negative impacts of EI projects (as requested by NGOs in the previous IFC EIR meeting). The development and poverty indicators template can be found on the World Bank Extractive Industry review web page (see below). Poverty impact tracking and base-line analysis is still only voluntary for clients.
The specific set of indicators applied will vary from project to project depending on the size and estimated development impact of the project. For individual projects, the primary responsibility within IFC for considering appropriate poverty impacts lies with the investment officer, not a poverty specialist.
This text may be freely used providing the source is credited.
Published: 30 September 2005 , last edited: 27 May 2010
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