Please report on the result /achievement of the actions taken:
As part of EBRD’s public review of their Environmental and Social Policy an IUCN member, CEE Bankwatch Network, suggested EBRD to integrate IUCN Motion no.26 (026 - Protected areas and other areas important for biodiversity in relation to environmentally damaging industrial activities and infrastructure development). This motion, which among other things urges financial institutions (including development banks) not to conduct, invest in or fund environmentally damaging industrial activities and infrastructure development within, or that negatively impact protected areas or any areas of particular importance for biodiversity and ecosystem services that are identified by governments as essential to achieving the Aichi Biodiversity Targets, and to make public commitments to this effect.
The World Bank Environmental and Social Framework Guidance Notes for staff were partly launched in 2018. Owing to perception by the World Bank staff that IBAT required payment at the point of use, mention of IBAT from the Guidance Note for ESS 6 was removed. Continued engagement with the World Bank on support to Best Practice notes for World Bank borrowers is underway.
