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SafeguardsConservation
Finance
Valerie HickeyThe World Bank
March 6, 2012
![Page 2: Safeguards Conservation Finance Valerie Hickey The World Bank March 6, 2012](https://reader030.vdocument.in/reader030/viewer/2022032709/56649ed55503460f94be5a0d/html5/thumbnails/2.jpg)
What do people think of when they hear safeguards?Principles
Policy
Practice and Practitioners
Getting it right
![Page 3: Safeguards Conservation Finance Valerie Hickey The World Bank March 6, 2012](https://reader030.vdocument.in/reader030/viewer/2022032709/56649ed55503460f94be5a0d/html5/thumbnails/3.jpg)
What do people think of when they hear safeguards?What do local communities think ?
Principles
Policy
Practice and Practitioners
Getting it right
![Page 4: Safeguards Conservation Finance Valerie Hickey The World Bank March 6, 2012](https://reader030.vdocument.in/reader030/viewer/2022032709/56649ed55503460f94be5a0d/html5/thumbnails/4.jpg)
What do people think of when they hear safeguards?What do local communities think ?So why do safeguards in the first place?
Principles
Policy
Practice and Practitioners
Getting it right
![Page 5: Safeguards Conservation Finance Valerie Hickey The World Bank March 6, 2012](https://reader030.vdocument.in/reader030/viewer/2022032709/56649ed55503460f94be5a0d/html5/thumbnails/5.jpg)
What do people think of when they hear safeguards?What do local communities think ?So why do safeguards in the first place?
Principles
Policy
Practice and Practitioners
Getting it right
![Page 6: Safeguards Conservation Finance Valerie Hickey The World Bank March 6, 2012](https://reader030.vdocument.in/reader030/viewer/2022032709/56649ed55503460f94be5a0d/html5/thumbnails/6.jpg)
How does principle become practice?Principles
Policy
Practice and Practitioners
Getting it right
![Page 7: Safeguards Conservation Finance Valerie Hickey The World Bank March 6, 2012](https://reader030.vdocument.in/reader030/viewer/2022032709/56649ed55503460f94be5a0d/html5/thumbnails/7.jpg)
How does principle become practice?What do the policies encompass?
Principles
Policy
Practice and Practitioners
Getting it right
COMPLIANCE QUALITY ENHANCEMENT
RISK MANAGEMENT
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How does the practice influence better outcomes?Principles
Policy
Practice and Practitioners
Getting it right
INEQUALITY & POVERTY
• Reduce poverty and inequality and expand economic opportunities for vulnerable groups such as Indigenous People
• Increase availability and targeting of services through social analysis and social assessments
• Ensure that emergency and post-disaster response are carried out with due regard to environmental and social implications
GOVERNANCE
• Increase transparency through disclosure of information and decision making against clear environmental and social accountability
• Improve efficiency and accountability of decision making and resource allocation through analysis of alternatives; improved understanding of indirect and cumulative impacts; and dispute resolution mechanisms
• Strengthen regulatory frameworks and oversight agencies through safeguards capacity building and promotion of good practice
GLOBAL
• Build links between regional strategies and global agenda especially in key areas such as biodiversity, climate change, international waterways
• Provide knowledge and assistance on various aspects of environmental and social risks assessment and management
• Foster environmentally sound and equitable trade and competitiveness
• Support design of intra-regional projects on energy
GROWTH & JOBS
• Quality of growth through application of environmental and social sustainability criteria
• Increase investment in low-impact infrastructure development
• Improve business and investment climate through greater clarity in environmental procedures, regulations and obligations
• Hedge against natural disasters and other risks through application of innovative analytical tools such as SEA
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How does the practice influence better outcomes?How do practitioners often feel?
Principles
Policy
Practice and Practitioners
Getting it right
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How does the practice influence better outcomes?How do practitioners often feel?So why do they keep doing it?
Principles
Policy
Practice and Practitioners
Getting it right
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We have a long way to go…Principles
Policy
Practice and Practitioners
Getting it right
![Page 12: Safeguards Conservation Finance Valerie Hickey The World Bank March 6, 2012](https://reader030.vdocument.in/reader030/viewer/2022032709/56649ed55503460f94be5a0d/html5/thumbnails/12.jpg)
We have a long way to go…How can we better translate the principles into policy and practice?
Principles
Policy
Practice and Practitioners
Getting it right
![Page 13: Safeguards Conservation Finance Valerie Hickey The World Bank March 6, 2012](https://reader030.vdocument.in/reader030/viewer/2022032709/56649ed55503460f94be5a0d/html5/thumbnails/13.jpg)
Questions?