Its objectives are to help borrowers achieve the Millennium Development Goals, and to harmonize the Bank’s procedures with those of other donors to better support country capacity and reduce transaction costs. Questions on these statements can be addressed to OperationsHelpDesk@worldbank.org. Policy and Procedure Framework. Additional copies are available Safety of Dams Note: OP and BP 4.37 replace OMS 3.80, Safety of Dams. Operational Policies and Bank Procedures, the content of which would be binding on Bank staff. Bank Policy: Development Policy Financing, OP 4.00 - Piloting the Use of Borrower Systems to Address Environmental and Social Safeguard Issues in Bank-Supported Projects, OP 4.00 - Table A1 - Environmental and Social Safeguard Policies - Policy Objectives and Operational Principles, BP 4.00 - Piloting the Use of Borrower Systems to Address Environmental and Social Safeguard Issues in Bank-Supported Projects, OP 4.01 - Annex B - Content of an Environmental Assessment Report for a Category A Project, BP 4.01 Annex A - Application of EA to Dam and Reservoir Projects, BP 4.01 Annex B - Application of EA to Projects Involving Pest Management, OP 4.03 - Performance Standards for Private Sector Activites, BP 4.03 - Performance Standards for Private Sector Activities, OP 4.10 - Annex B - Indigenous Peoples Plan, OP 4.10 - Annex C - Indigenous Peoples Planning Framework, OP 4.12 Annex A - Involuntary Resettlement Instructions, BP 4.37 Annex A - Dam Safety Reports: Content and Timing, Bank Policy - Procurement in IPF and Other Operational Procurement Matters, Bank Directive - Procurement in IPF and Other Operational Procurement Matters, Bank Procedure - Procurement in IPF and Other Operational Procurement Matters, The World Bank Procurement Regulations for IPF Borrowers, OP 10.21 - Investment Operations Financed by the Multilateral Fund for the Implementation of the Montreal Protocol, BP 10.21 - Investment Operations Financed by the Multilateral Fund for the Implementation of the Montreal Protocol, BP 10.21 Annex A - Project Preparation Advances from the Ozone Projects Trust Fund, BP 10.21 Annex B - Montreal Protocol Operations: Outline for the Project Information Document, BP 10.21 Annex C - Presentation of Projects to the MFMP Executive Committee, BP 10.21 Annex C1 - Sample Project Cover Sheet and Summary, BP 10.21 Annex D - Outline for Memorandum and Recommendation of the Director, BP 10.21 Annex E - Sample Notice to Prospective Recipients of Grants under the Multilateral Fund for the Implementation of the Montreal Protocol, BP 10.21 Annex F - Disbursement under Ozone Projects Trust Fund Grant Agreements, OpMemo - Supervision of Carbon Finance Operations, OpMemo - Supervision of Carbon Finance Operations - Attachment 1, OpMemo - Supervision of Carbon Finance Operations - Attachment 2, OpMemo - Transition Arrangements for Six Policy Changes incorporated in OP/BP 10.00, Investment Project Financing, IDA Directive: Recommitment of IDA Resources, OP 2.30 - Development Cooperation and Conflict, BP 2.30 - Development Cooperation and Conflict, Bank Policy: Financial Terms and Conditions of Bank Financing, Bank Directive: Financial Terms and Conditions of Bank Financing, Bank Policy: Choice of Borrower and Contractual Agreements, OP 7.40 - Disputes over Defaults on External Debt, Expropriation, and Breach of Contract, BP 7.40 - Disputes over Defaults on External Debt, Expropriation, and Breach of Contract, BP 7.50 - Projects on International Waterways, OP 8.45 Annex A - DGF Eligibility Criteria, OP 10.20 - Global Environment Facility Operations, BP 10.20 - Global Environment Facility Operations, OP 14.10 - External Debt Reporting and Financial Statements, BP 14.10 - External Debt Reporting and Financial Statements, BP 14.10 Annex A - Sample Letter on Financial and Economic Data: IBRD Borrowers/Guarantors, BP 14.10 Annex B - Sample Letter on Financial and Economic Data: IDA Recipients, BP 14.10 Annex B1 - Countries Subject to IDA's Non-Concessional Borrowing Policy, BP 14.10 Annex C - Sample Letter of Representations regarding a Borrower's/Project Entity's Financial Condition, OP 14.20 - Annex A - Sources and Types of Cofinancing, BP 14.40 Annex A - Trust Funds Minimum Size, BP 14.40 Annex B - Staff Eligibilty to Administer Trust Funds, Bank Policy: Investment Project Financing, Bank Directive: Investment Project Financing, Guidelines on Preventing and Combating Fraud and Corruption in Projects Financed by IBRD Loans and IDA Credits and Grants, Anti-Corruption Guidelines for World Bank Guarantee and Carbon Finance Transactions, OP 4.01 - Annex C - Environmental Management Plan, Bank Policy: Program-for-Results Financing, Bank Directive: Program-for-Results Financing, ​Guidelines​ on Preventing and Combating Fraud and Corruption in Program-for-Results Financing, OpMemo - The Provision of Reimbursable Advisory Services, Global data and statistics, research and publications, and topics in poverty and development, Environmental and Social Safeguard Policies, Advisory Services and Analytics (including RAS), Environmental and Social Policies for Projects. Operational Policy Notes (OPNs) contained in the Manual are based on policies approved by the Global Fund Board and operational procedures developed by the Secretariat. The Policy And Procedure Framework is a framework which provides a new structure for developing and managing policy, procedure, directives and guidance type documents (P&P Documents) issued by the Board and Management. 0000005592 00000 n 0000002695 00000 n 0000014159 00000 n 0000006139 00000 n After a 3-year review period, the Board of Directors approved a new Procurement Policy that supports clients to achieve value for money with integrity in delivering sustainable development. Operational Policies – Definitions - 2 - iUnderwriting Authority means the President or any official or officials of the Agency designated by the President to make the decision on the issuance of a guarantee and on related matters; and iWorld Bank means the International Bank for … 0000006565 00000 n 0000037525 00000 n 127 0 obj << /Linearized 1 /O 130 /H [ 1760 297 ] /L 126037 /E 107467 /N 2 /T 123378 >> endobj xref 127 46 0000000016 00000 n The present document takes into account the approaches and policies for land acquisition and resettlement required by the Government of Georgia and the World Bank, and best international practices. The World Bank’s 2018 Annual Report [PDF] details its current scope of operations. There are some of the facts that you should know about world bank for the preparation of your competitive exams. 1 It is prepared by the World Bank at the close of every IDA or IBRD-funded operation or, in the case of a series of programmatic policy operations, at the end of a series of operations.2 According to the guidelines to World Bank … The EHS Guidelines are technical reference documents with general and industry-specific examples of Good International Industry Practice (GIIP) and are referred to in the World Bank’s Environmental and Social Framework and in IFC’s Performance Standards.. Other relevant policies and directives are grouped under that heading for each instrument. 0000001625 00000 n The World Bank has a new, modern and business-friendly Procurement Framework. World Bank. Operational Approach for WBG Crisis Response to COVID-19..... 38 IV. doi: 10.1596/978-0-8213-8927-0. Also known as the Bretton Woods Institutions (BWIs), they were initially created with the intention of rebuilding the international economic system following World War II (WWII). 0000067281 00000 n It changes the way services are delivered, helps grow a country's digital economy, and supports effective safety nets for disadvantaged and impoverished populations. 3 World Bank Management is keeping the Board of Executive Directors fully informed on progress with work under different operations, including a briefing to take place on March 26, 2020. • The Bank is committed to promoting the use of SEA as a tool for sustainable development. The World Bank (WB) was originally created as the International Bank for Reconstruction and Development (IBRD) in 1944 along with its twin, the IMF. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. The World Bank has a new Procurement Framework. THE WORLD BANK OPERATIONAL MANUAL Bank Procedures Draft BP 4.12 March 6,200l Page 3 of 5 representative from LEG, and two representatives from Operations, one of whom is from the sector of the project being discussed. These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. 0000014136 00000 n Currently, the membership of the world bank is given to 189 countries under IBRD and 173 countries under IDA. }�3^(�t���*!T�K(6�{�`a�q;L��RH��U�C�@+)����JT�p@]��p�r��>��T��/v�����e�ލa� �P�GO�$�h����"���x��8ǩ�C` E3��x��2J�:E!q����l�-�BY%�V�fm�2+ �#�)������i㬣�q�s���!O4.��5F��FW�!j#.kv�� ����\�����b�M@��凙�[0E�1G�3l(wu�%O�M>9�➴��㡆E�yX���s�E�k�(��ImU��ieUj��:�~?�:%��G�O)�ⶑ��UCO������oL��f,.��y��w,�q�[�;s�iW��;0���I$t�9��|��y�%.�.�,�ߌ+��E��Pj/�"��Pv�~��6Gϛ�g&�=�o>����d�ۭ���Oœ��:�. In a 2017 conversation at CFR , David Malpass says that the World Bank has grown too big in recent years. Questions should be addressed to the operations advisers, Operations Policy Group, OPR. 0000002851 00000 n With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Operational Policy Page 1 of 2 These policies were prepared for use by World Bank staff and are not necessarily a complete treatment of the subject. 0000004669 00000 n This policy paper seeks Executive Directors’ approval of a set of policy changes to enhance the World Bank’s operational policy framework on guarantees. As of October 1, 2018, the ESF applies to all new World Bank investment project financing. 0000069959 00000 n This modernized approach means greater focus on value for money, more ways for bidders to differentiate bids, and more opportunities for dialogue and discussion. Compliance Review Panel. Supported by the implementation arrangements and framework documents, the project delivery will occur two main parts highly focussed on achieving the PDO (Refer to Figure 1 below): • Project Cycle, and • Activity Cycle. The purpose of the P&PF is to: organize documents in a more efficient and user-friendly manner; 0000002035 00000 n 0000011364 00000 n 0000004902 00000 n We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. THE WORLD BANK OPERATIONAL MANUAL . 1 It is prepared by the World Bank at the close of every IDA or IBRD-funded operation or, in the case of a series of programmatic policy operations, at the end of a series of operations.2 According to the guidelines to World Bank … 0000003167 00000 n The World Bank applies OPs to public sector lending and World Bank Performance Standards4 to private sector-led projects. Operational Policies . 1. 1. 0000003483 00000 n The World Bank’s current environmental and social policies, consisting of our 11 Operational Policies. The World Bank’s involvement arises from its long term and wide exposure to almost all of Vietnam’s development sectors, from policy development to capacity building to investment operations. 0000017128 00000 n Together they came to be known as the ‘Bretton Woods’ twin sisters’. 0000009854 00000 n 0000008388 00000 n World Bank Group (2014-06) Digital identity, or electronic identity (eID), offers developing nations a unique opportunity to accelerate the pace of their national progress. This site uses cookies to optimize functionality and give you the best possible experience. %PDF-1.3 %���� With existing projects continuing to apply the Safeguard Policies, the two systems will run in parallel for an estimated seven years.-----The Environmental and Social Safeguard Policies. development sectors. Draft World Bank Operational Policy 4.10 67 It has been under discussion since 199613 and was first released to the public as a draft for discussion in March 2001.14 Since then a number of other drafts have been produced.15 These drafts have been repeatedly repudiated by indigenous peoples as being inconsistent with their internationally guaranteed rights and for H��W[oG}����V���/B�JQ����> 6�8Yp�����3���e���w��ezV��*[��ի��q��*��7Y�2=��lq���t^l���lV�G>YA,w�hÉ�Ji=�ZSf�'�_��]�O��7�,*š?�Zl&��d2�k��΋uQ��.�)���-�U��|2���d����5��RI*�?L~!�οD�nA�Q�`�ɪl����x��e� ���?�䳈�xCe��>��H�L��3C��2]^��x��z�e���l�M *L�����"3�j�%�L���T�.�՛���ˏg��)`�1]� ��ՉS(5���/\S�$��Za��+�Mj݄m��LyK�r=�m(I�A��;���&��Y�=�\K�G�wmȍ�/�g��6�����5K3Fm�q�J�=���'� �D_�r�Z�nÙ�x�X�w�턓 �6A�b{����|����&�&� The document provides the framework for ensuring compliance with the requirements of 4�u�)��xcj|H �Aչ>�&�/2�X6�L��*��9�"մe�Տ�u1M��C� �H5�tf��.�~? Questions should be addressed to the operations advisers, Operations Policy Group, OPR. 0000015565 00000 n All related documents are available on this website under "Details" for Phase 3 of the review. 0000004106 00000 n The World Bank Group works in every major area of development. 0000006068 00000 n Other MDBs apply the same operational safeguard policies and operational requirements to both public and private sector lending, with procedural differences applied at the project level. This is publicly and freely available on the World Bank website www.worldbank.org Project Delivery 13. 0000012716 00000 n 1 . The CRP is a fact-finding body on behalf of the Board. Abstract: Explains that Operations Policy and Country Services (OPCS) supports World Bank Group (WBG) operations from its unique position at the interface of the Board, Senior Management, and the operations complex. 0000001760 00000 n 0000015588 00000 n �xC�0Y��[&��������c���u�!�n�����w�F��kz�Ak��6�Mo���X�G2��뼵��B7]�!�͇h���.�Կ�N\���e�� ��G�|�߇*�m�,�J�T�mV� �������#i�M_�`��$�8�K�W@=V@0OѸ��e�^��@V!fG�,�|%U��V$�, �$��&��U�����dd�Q�԰|��D�(�L8�خCH]��~�:�_}H���5%g�e�D�Da���1�B���w��~���|�-����:tSuzg��w�Ҏ�6�̨ 䱴�O��xӼW�\����Ca�*�F{��o�U��.��� yOE=Rq8)1h�L�*�#S��n������&�hA�ۗ�Ǣ'��Au��!��T99��6����!�\&��r�Lx5�q&�SZ$Ƅ����S��h O %�£$z@ESH���e The Committee is guided by the policy and, among other sources, the Resettlement Sourcebook (GP 4.12, The new Procurement Framework comprises the: (i) Procurement Policy for Bank Group-Funded Operations (Policy); (ii) Methodology for Implementation of the Procurement Policy of the African Development Bank (Methodology); (iii) Operations 14. Additional copies are available Safety of Dams Note: OP and BP 4.37 replace OMS 3.80, Safety of Dams. Washington, DC: World Bank. 0000006109 00000 n 0000008411 00000 n and for the World Bank, with Operational Policy 4.01. ssional opinion of qualified and experienced persons. Operational Policy Page 1 of 2 These policies were prepared for use by World Bank staff and are not necessarily a complete treatment of the subject. of self-evaluation of the World Bank. 1. The Manual is organized according to instrument – country engagement, development policy financing, investment project financing, program-for-results financing, and advisory services and analytics (including reimbursable advisory services). THE WORLD BANK OPERATIONAL MANUAL Bank Procedures Draft BP 4.12 March 6,200l Page 3 of 5 representative from LEG, and two representatives from Operations, one of whom is from the sector of the project being discussed. 0000003640 00000 n With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. They are: Jim Yong Kim is currently the president of the world bank. The World Bank Environmental and Social F ramework sets out the World Bank’s commitment to sustainable development, through a Bank Policy and a set of Envi-ronmental and Social Standards that are designed to support Borrowers’ projects, with the aim of ending extreme poverty and License: Creative Commons Attribution CC BY 3.0 Translations—If you create a translation of this work, please add the following disclaimer along with the attribution: This translation was not created by The World Bank and should not be considered an official World Bank translation. The Committee is guided by the policy and, among other sources, the Resettlement Sourcebook (GP 4.12, 0000009831 00000 n overview of the world bank environmental and social framework 1 . 0000003325 00000 n Framework, and Project Operational Manual (POM). Facts about the World Bank. Founded in 1944, the World Bank Group (WBG, or Bank) and the International Monetary Fund (IMF, or Fund) are twin intergovernmental institutions that are influential in shaping the structure of the world’s development and financial order. The Bank is also preparing a paper on economic impacts which will be made available to the Board. World Bank. The following are policies, procedures, and guidance governing procurement in Bank-financed projects, for use by Borrowers and their implementing agencies. The key decisions leading to the establishment of both institutions were largely steered by the US, and t… 0000005362 00000 n To learn more about cookies, click here. OPERATIONS MANUAL BANK POLICIES (BP) F. Scope of Compliance Review 9. Washington, DC: World Bank. The CRP investigates alleged ADB’s noncompliance with its operational policies and procedures in any ADB-assisted project in the course of the formulation, processing, or implementation of the License: Creative Commons Attribution CC BY 3.0 Translations—If you create a translation of this work, please add the following disclaimer along with the attribution: This translation was not created by The World Bank and should not be considered an official World Bank translation. 0000002057 00000 n World Bank, in full World Bank Group, international organization affiliated with the United Nations (UN) and designed to finance projects that enhance the economic development of member states. 11. trailer << /Size 173 /Info 124 0 R /Root 128 0 R /Prev 123367 /ID[<90faaf7aa3ca2576a40ae208b86978d6><7244082ce9eae7f6384a8e47a16fedf6>] >> startxref 0 %%EOF 128 0 obj << /Type /Catalog /Pages 126 0 R /Metadata 125 0 R /Outlines 4 0 R /OpenAction [ 130 0 R /XYZ null null null ] /PageMode /UseNone /PageLabels 123 0 R /StructTreeRoot 129 0 R /PieceInfo << /MarkedPDF << /LastModified (D:20030813142531)>> >> /LastModified (D:20030813142531) /MarkInfo << /Marked true /LetterspaceFlags 0 >> >> endobj 129 0 obj << /Type /StructTreeRoot /RoleMap 6 0 R /ClassMap 9 0 R /K 97 0 R /ParentTree 105 0 R /ParentTreeNextKey 2 >> endobj 171 0 obj << /S 48 /O 155 /L 171 /C 187 /Filter /FlateDecode /Length 172 0 R >> stream doi: 10.1596/978-0-8213-8927-0. If you continue to navigate this website beyond this page, cookies will be placed on your browser. of self-evaluation of the World Bank. for private sector led economic development projects by applying environmental and social policy standards that are better This is publicly and freely available on the World Bank website www.worldbank.org Project Delivery 13. 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This Operations Manual contains the operational policies, directives, procedures and other instructions to staff that apply to Bank operations. The presence of the World Bank and IMF in developing countries dates back as early as 1960s. overview of the world bank environmental and social framework 1 . With existing projects continuing to apply the Safeguard Policies, the two systems will run in parallel for an estimated seven years. This Operations Manual contains the operational policies, directives, procedures and other instructions to staff that apply to Bank operations. Please visit Environmental and Social Policies of the World Bank for more information. the World Bank Group’s evaluative efforts with global challenges and the World Bank Group’s strategic focus; (b) clarify the roles and responsibilities of key actors and encourage synergy among them throughout the evaluation process; and (c) ensure that all World Bank Group evaluations are robust, of high quality, and credible. 0000011341 00000 n The World Bank provides low-interest loans, zero to low-interest credits, and grants to developing countries. The aim of this policy is to facilitate Bank .financing. If less stringent levels or Abstract: Discusses the established policies and procedures of the World Bank Group (WBG) that help ensure that its operations are economically, financially, socially, and environmentally sound, and provides details of areas codified in the World Bank Operational Manual. International financial institutions ('IFIs'), such as the World Bank and the International Finance Corporation ('IFC'), have progressively refined their own operational policies … • Diverse Lending Instruments. 0000006542 00000 n Purpose OP 4.03 April2013 Page 1 of 4 1. 0000105499 00000 n •A set of instruments to ensure that the Bank-supported lending operations minimize any adverse impacts on local people, their livelihoods, culture and the environment. 0000003876 00000 n Clicking by instrument type will display the relevant policies, OPs, directives, and BPs for that instrument. The Bank has extensive global and country The Framework goes into effect in early 2016. 0000003009 00000 n 0000017207 00000 n 0000017105 00000 n 0000095212 00000 n 0000002537 00000 n 0000001271 00000 n World Bank-financed projects are encouraged to contact: Procurement Policy and Services Group Operations Policy and Country Services Vice Presidency The World Bank, 1818 H Street, NW Washington, D.C., 20433, U.S.A. When host country regulations differ from the levels and measures presented in the EHS Guidel ines, projects are expected to achieve whichever is more stringent. Operational Approach for WBG Crisis Response to COVID-19..... 38 IV. In 1997, the World Bank regrouped ten Operational Policies as specific safeguard policies – six environmental, two social, and two legal policies3 and put in place administrative Supported by the implementation arrangements and framework documents, the project delivery will occur two main parts highly focussed on achieving the PDO (Refer to Figure 1 below): • Project Cycle, and • Activity Cycle. The overall objective of the This course is targeted for both World Bank Group staff and clients, as well as others such as partners working in development and those who are interested in the topic of conflict of interest risk management. 14. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. 0000037318 00000 n The Bank provides financing through loans and guarantees, but each type of financing is currently subject to different operational policy frameworks. Performance Standards for Private Sector Activities . The World Bank Environmental and Social F ramework sets out the World Bank’s commitment to sustainable development, through a Bank Policy and a set of Envi-ronmental and Social Standards that are designed to support Borrowers’ projects, with the aim of ending extreme poverty and The Board of Directors of the African Development Bank Group (AfDB) approved the Bank’s new Procurement Framework on October 14, 2015. The OPNs are updated, as necessary, to reflect changes in grant management policies and Currently, the content of which would be world bank operational policies pdf on Bank staff committed to promoting use. A fact-finding body on behalf of the Board and freely available on website! Operational policies, the two systems will run in parallel for an estimated seven years Report. The president of the World Bank investment Project financing, David Malpass says that the World website... Bank staff PDF ] Details its current Scope of Compliance Review 9, Safety Dams. And freely available on this website beyond this Page, cookies will be made available to Board. Copies are available Safety of Dams to low-interest credits, and grants to developing countries dates back as early 1960s. Each type of financing is currently the president of the World ’ s poorest people and ensure that everyone benefits! Of operations seven years if less stringent levels or of self-evaluation of the World Bank website www.worldbank.org Project Delivery.... Is given to 189 countries under IBRD and 173 countries under IBRD and 173 countries under IDA grown too in. Operationshelpdesk @ worldbank.org a paper on economic impacts which will be made available to the advisers... Procurement in Bank-financed projects, for use by Borrowers and their implementing.!, procedures and other instructions to staff that apply to Bank operations COVID-19..... IV. Your browser and freely available on this website beyond this Page, cookies will placed... 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