The role of multilateral development banks in mainstreaming the use of space and geospatial technologies for sustainable development

2020 ◽  
Vol 3 (3) ◽  
pp. 369-376
Author(s):  
Quentin Verspieren
Keyword(s):  
Sustainable Development ◽  
Geospatial Technologies ◽  
Multilateral Development Banks ◽  
Use Of Space ◽  
Development Banks

scholarly journals A managerial approach for the coherent development of sustainable development law

2018 ◽  
Vol 17 (2) ◽  
pp. 83-99
Author(s):  
Stephanie De Moerloose ◽  
Makane Moïse Mbengue
Keyword(s):  
Sustainable Development ◽  
International Law ◽  
World Bank ◽  
Integrated Development ◽  
Multilateral Development Banks ◽  
Law System ◽  
The World Bank ◽  
The World ◽  
Development Banks ◽  
European Investment

While judicial bodies have proliferated in the last fifty years in a process that has been deemed “quasi-anarchic” (Guillaume, G., 2000) creating a risk of inconsistency in their decisions which would endanger the international law system, quasi-judicial bodies such as Multilateral Development Banks' accountability mechanisms are not spared by this legal phenomenon. They have diverse proceedings and jurisdictions, operate with different sets of environmental and social safeguards, but may confront similar factual scenarios, especially in the case of co-financing. The recent Kenya Electricity Expansion Project presented before the World Bank and the European Investment Bank’s accountability mechanisms illustrates that, through a managerial approach, potentially conflicting findings can be avoided. This paper aims to show that quasi-judicial bodies can constitute a source of inspiration for the integrated development of international law.

The Legal Mandate of Multilateral Development Banks as Agents for Change Toward Sustainable Development

1998 ◽  
Vol 92 (4) ◽  
pp. 642-665 ◽  
Author(s):  
Günther Handl
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Global Environment ◽  
General Assembly ◽  
Agenda 21 ◽  
Multilateral Development Banks ◽  
Resource Degradation ◽  
Un General Assembly ◽  
Environment And Development ◽  
Development Banks

In its June 1997 review of the state of the global environment and the implementation of Agenda 21, five years after the United Nations Conference on Environment and Development (UNCED), the UN General Assembly drew a rather gloomy picture. While acknowledging that some progress toward sustainable development had been made, for example, in curbing pollution and slowing the rate of resource degradation in a number of countries, the Assembly’s report noted that, overall, trends tended toward continued deterioration. Not surprisingly, therefore, the report also reiterated Agenda 21’s call upon, inter alia, multilateral development banks (MDBs) to ensure that development funding “contribute to economic growth, social development and environmental protection in the context of sustainable development.” The report, in short, enjoined MDBs to strengthen their commitment to sustainable development.

scholarly journals Sustainable Banking: The Role of Multilateral Development Banks as Norm Entrepreneurs

2020 ◽  
Vol 12 (3) ◽  
pp. 972 ◽  
Author(s):  
Mendez ◽  
Houghton
Keyword(s):  
Supply And Demand ◽  
Civil Society Organizations ◽  
Multilateral Development Banks ◽  
Governmental Organizations ◽  
Financial Framework ◽  
Development Goals ◽  
Private Savings ◽  
Development Banks ◽  
Political Agents

This article explores the role of multilateral development banks (MDBs) in originating norms of sustainable banking that have attracted and supported green private finance, a role not widely known in the management literature. Any prospect of achieving the United Nations (UN) Sustainable Development Goals by 2030 presupposes mobilizing the estimated US$23.3 trillion currently locked-up in risk-averse private savings to bridge the gap between developing countries’ demand for capital and the current global financial architecture’s capacity to supply it. The three biggest obstacles to sustainable banking identified by the authors are discussed: (1) The uncertain bankability of projects; (2) non-transparency in tracking sustainable capital flows; and (3) no universal mechanism capable of making matches between green investment supply and demand; and what MDBs have actually done to overcome these roadblocks, and might do in future, is also discussed. Seen through the lens of “applied constructivism”, MDBs are revealed to be norm entrepreneurs proactive since at least the 1970s in socially constructing most of the basic norms and practices of sustainable banking which the private sector relies on or is now striving to take up. MDBs are typically the first “port of call” for international governmental organizations (IGOs) and civil society organizations wishing to establish a sustainable financial framework for development; and are the likeliest political agents to pioneer sustainable banking in future. MDBs would do well to develop an awareness of the methods of Constructivism, which they have actually been unwittingly using, to empower themselves to meet the challenges of the 21st century.

Integrating environmental concerns into economy-wide policies in developing countries: the role of multilateral development banks

1999 ◽  
Vol 4 (1) ◽  
pp. 45-68
Author(s):  
JØRGEN KARTHUM HANSEN ◽  
STEIN HANSEN
Keyword(s):  
Developing Countries ◽  
The Philippines ◽  
Market Failures ◽  
Multilateral Development Banks ◽  
Development Plans ◽  
Commission Report ◽  
Development Banks ◽  
Brundtland Commission ◽  
Policy Failures

This study addresses the role of multilateral development banks and their effectiveness in bringing environmental considerations, issues and consequences into structural and sectoral adjustment programmes in developing countries. It addresses a series of complex generic issues showing that such programmes cannot be meaningfully studied in isolation from other aid cooperation and government development programmes. The study proposes and discusses alternative explanations on how the multilateral development banks may have influenced thinking in borrowing countries. By looking more closely at the Philippines the study provides an insight into the dynamics and diversity of such programme lending and how its design can affect resource management and the environment in benign or adverse ways. It shows what complementary remedial action can be taken when institutional barriers, policy failures and market failures threaten the environment. It provides an analysis of how awareness of such interlinkages has emerged since 1980 and manifested itself in aid cooperation in general and in economy-wide adjustment lending in particular since 1987, while gradually being absorbed in governmental development plans and programmes with varying degrees of domestic ownership. In particular, we find that there seems to have been shifts in the World Bank and the Asian Development Bank's environmental policies after the publication of the Brundtland Commission Report in 1987.

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