The World Bank Group 2010 Environment Strategy Update

The World Bank Group2010 Environment Strategy Update

Michele de NeversEnvironment Department

Strategy Development Process

Phase I Consultations on CN

Analytical Work

Jun

Drafting and Internal Reviews

Jul

Dec

Phase II Consultations on

draft Strategy

2009 2010 2011

Jan

Dec Jan

Feb

Mar

Oct

AprNov NovAug Sep

Feb

Mar

Apr MayOct

Sep May

Jun

Jul

IEG Safeguards Evaluation

CODE Discussion of Draft Strategy

Strategy Development Process

Phase I Consultations (Oct. 2009 – June 2010)

66 face-to-face consultation meetings 126 countries represented 2,350 participants

Phase I Consultations in Figures

Countries Represented by Region Participants by Region

Participants (%) by Main Stakeholder Groups

Promote a new development paradigm

Leapfrog Ecosystem Valuation and Wealth

Accounting Global Public Goods

Strengthen governance and institutions

Mainstream environment and safeguards

Expand knowledge base and knowledge sharing

Increase communication

What we heard from stakeholders (1)

Improve measurement of results

Strengthen environmental sustainability in private sector operations (IFC, MIGA)

Strengthen partnerships, coordination and harmonization

Improve incentive structures for staff

What we heard from stakeholders (2)

Directions of the new Strategy

Greening development by

Transforming growth paths to leapfrog to environmentally sustainable outcomes

Maximizing wealth creation from natural resources

Managing multiple environmental risks and opportunities

WBG committed to achieving environmental sustainability across its entire portfolio

Goals of 2001 strategy remain relevant

Changed Context

Climate change and the need to develop differently

Fuel, food, and financial crises and the need to renew the focus on growth and poverty reduction

Lack of progress on MDG 7

Internal developments:

IEG evaluations of environmental sustainability and safeguards

Internal reforms: Increased focus on knowledge and results

2010 Strategy: Action Areas

Greening Development

Developing Capacity for Environmental

Management

Greening Sector Policies and Portfolios

Catalyzing Financial Solutions