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ARTICLE · 04 AUGUST 2008

World Bank Report Supports Increased Finance For Environmentally Responsible Projects

CMS Cameron McKenna Nabarro Olswang
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This report reviewed investments in approximately 7,000 projects between 1990 to 2007.

United KingdomStrategy
Tresna Tunbridge
Tresna Tunbridge

The World Bank's Independent Evaluation Group released a report on 19 July 2008 entitled "Environmental Sustainability - An Evaluation of the World Bank Group Support"

This report reviewed investments in approximately 7,000 projects between 1990 to 2007. The report concluded that performance in environmental sustainability had improved, but that more work is needed.

This report will be of particular interest to financial institutions and developers who are involved in projects which are supported by the World Bank Group, including the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).

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