ADB: Strong Environmental and Social Safeguards Must Accompany Asia’s Infrastructure Drive

Asia’s spending on growth-boosting infrastructure is set to get a tailwind from development financing while the safeguard systems used by the Asian Development Bank (ADB) and other development banks as conditions for their loans are under international scrutiny.

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Publish Date: 21st December 2016

Last Updated: 8th January 2017

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ADB News: Toward Inclusive and Environmentally Sustainable Growth: ADB’s Project Safeguards

18th August 2014

Safeguards are operational policies and procedures that seek to avoid, minimize, or mitigate adverse environmental and social impacts, including protecting the rights of those likely to be affected or marginalized by the development process.

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ADB blog: Strengthening country safeguard systems--Common approaches for better results

8th October 2013

The strengthening of country safeguard systems is a central objective of ADB’s Safeguard Policy Statement. There are several reasons for this strong emphasis. First, and most importantly, enhancing country safeguards systems should be a development objective in its own right. A broader focus on safeguards at country and sector level can extend our development impact far beyond a ring-fenced project approach. This clearly makes sense given that the vast majority of infrastructure and other development to be financed in the future will not be subject to MDB safeguards.

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