Environment. Strategy Document
By SDS (07/03, GN-2208-4, En, Es) See also Environment and Natural Resources
The strategy document (GN-2208-4) was favorably reviewed by the IDB Board of Executive Directors on July 23, 2003.
The Bank?s Environment Strategy is a guiding instrument whose fundamental objective is to attain greater effectiveness in the support that the Bank offers each of the borrower countries of Latin America and the Caribbean to achieve their sustainable development goals. The Strategy is horizontal and sets forth a new paradigm for Bank action in environmental matters by establishing cross cutting links to all sectors through its focus on governance and the policy and incentive frameworks that affect natural resources and environmental management. The Strategy is linked to the two overarching strategies and the fours sector strategies. It seeks to insert the environmental dimension into broad development objectives in a balanced and harmonized way across sectors.
The Strategy has the following specific objectives: (i) to set an overall framework for Bank action in tune with new paradigms, challenges, and opportunities for the insertion of environmental considerations in broad development objectives; (ii) to operationalize the principles of the Bank?s Institutional Strategy and to fully internalize environmental sustainability as an underlying goal linked to its overarching objectives (sustainable economic growth and poverty reduction) and priority areas (modernization of the State, competitiveness, social development and economic integration); and (iii) to identify a set of guiding principles and priority actions to make the Bank?s internal work and procedures more effective.
Last updated: 05/08/07
