IFI governance

News

World Bank’s safeguards review extended

12 February 2013

The first phase of the World Bank’s safeguards review (see Update 83, 82) has been extended to mid-April with global consultations planned, including on seven emerging areas: climate change; disability; free prior and informed consent; gender; human rights; labour; and land tenure. In January the Bank responded to a December joint CSO letter, stating it “will not dilute” the safeguard policies, but is unwilling to broaden the scope of the review to consider lending instruments other than investment lending. In late January, a joint CSO letter to Bank president Jim Yong Kim asked for safeguards polices to address the “unique needs of children”, which is still awaiting a response.