In our previous blog of this 3-part blog series, we showed how earlier safeguards involvement in project cycles contributes to improved sustainability performance. In this blog, we illustrate how the use of safeguards helps countries manage environmental and social impacts, and help sponsors implement innovative best practices. Our research on The Role of IDB’s Safeguards … [Read more...] about Part III: Can safeguards help countries improve their sustainability performance?
In our previous blog of this 3-part blog series, we learned that safeguard policies are instrumental in facilitating sustainability in IDB projects. In this blog, we provide findings demonstrating how earlier safeguards involvement in project cycles contributes to improved sustainability performance. All nine IDB-funded projects evaluated in our research (The Role of IDB’s … [Read more...] about Part II: Does early safeguards involvement in projects improve sustainability performance?
The Inter-American Development Bank (IDB) defines the term “Safeguards” as a “set of policies to ensure protection against environmental and social harm, improve development value for stakeholders, and enable countries and clients to meet best international practices.” In relation to sustainability, the purpose of implementing safeguards is to develop projects that maximize … [Read more...] about Part I: Why are safeguards important for sustainable growth?