How are the recommendations of the World Commission on Dams (WCD) addressed in World Bank projects?
In common with virtually all those concerned in the WCD process, the World Bank shares the WCD core values and concurs with the need to promote its seven strategic priorities. In addition, the lessons presented in the Report provide a valuable base for the Bank to draw from when considering development of hydropower projects. The focus of the World Bank in the case of hydropower projects is to ensure the environmental and social soundness of the proposed project, in both the preparation and implementation phases, through effective implementation of the World Bank’s Board approved safeguard policies. The existing safeguard policies remain in effect for all IBRD and IDA supported investment lending operations including carbon finance activities. The World Bank assesses the conformity of projects it supports in a manner that is consistent with the operational policies set by the World Bank’s Board of Executive Directors, representing the more than 180 governments that are members of the B