Sustainable development — particularly environmental sustainability — is a central tenet of the World Bank Group’s strategy. IEG’s new report Results and Performance of the World Bank Group (RAP) provides a timely review of the Bank Group portfolio performance and examines how the Bank Group has mainstreamed and measured projects with potential environmental benefits.
Between FY08-10 and FY15-17, the overall share of projects or components with potential environmental benefits has increased 4 percentage points for the World Bank and IFC. However, projects with "Clean" and "Resilient" components, such as climate change mitigation and climate change adaptation, have risen, while support for "Green" project components has decreased, including in some traditional areas of environmental sustainability.
Watch the discussion and debate as to what more the Bank needs to do to ensure environmental sustainability.