0000014159 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. 0000003483 00000 n The CRP is a fact-finding body on behalf of the Board. The World Bank is engaged in a broad effort to modernize and realign its operational policies and practices. doi: 10.1596/978-0-8213-8927-0. The following are policies, procedures, and guidance governing procurement in Bank-financed projects, for use by Borrowers and their implementing agencies. 0000003325 00000 n Operational Policies . 1. 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). 0000002057 00000 n The Committee is guided by the policy and, among other sources, the Resettlement Sourcebook (GP 4.12, 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 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 WORLD BANK OPERATIONAL MANUAL . They are: Jim Yong Kim is currently the president of the world bank. This modernized approach means greater focus on value for money, more ways for bidders to differentiate bids, and more opportunities for dialogue and discussion. Additional copies are available Safety of Dams Note: OP and BP 4.37 replace OMS 3.80, Safety of Dams. 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 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. 0000012716 00000 n 4�u�)��xcj|H �Aչ>�&�/2�X6�L��*��9�"մe�Տ�u1M��C� �H5�tf��.�~? for private sector led economic development projects by applying environmental and social policy standards that are better OPERATIONS MANUAL BANK POLICIES (BP) F. Scope of Compliance Review 9. Operational Approach for WBG Crisis Response to COVID-19..... 38 IV. 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. 0000008411 00000 n 1. 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. 0000012739 00000 n The Bank has extensive global and country 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. 0000009854 00000 n 0000006139 00000 n 0000095212 00000 n 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 0000008388 00000 n 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 and for the World Bank, with Operational Policy 4.01. ssional opinion of qualified and experienced persons. • The Bank is committed to promoting the use of SEA as a tool for sustainable development. It changes the way services are delivered, helps grow a country's digital economy, and supports effective safety nets for disadvantaged and impoverished populations. Operational Approach for WBG Crisis Response to COVID-19..... 38 IV. 0000067281 00000 n The World Bank (WB) was originally created as the International Bank for Reconstruction and Development (IBRD) in 1944 along with its twin, the IMF. 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. The Bank is also preparing a paper on economic impacts which will be made available to the Board. 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. The aim of this policy is to facilitate Bank .financing. 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 … 0000011364 00000 n 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. This is publicly and freely available on the World Bank website www.worldbank.org Project Delivery 13. 14. International financial institutions ('IFIs'), such as the World Bank and the International Finance Corporation ('IFC'), have progressively refined their own operational policies … 0000037525 00000 n In a 2017 conversation at CFR , David Malpass says that the World Bank has grown too big in recent years. 0000069959 00000 n 0000017105 00000 n This Operations Manual contains the operational policies, directives, procedures and other instructions to staff that apply to Bank operations. 0000011341 00000 n The overall objective of the 0000015565 00000 n 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. Please visit Environmental and Social Policies of the World Bank for more information. • Diverse Lending Instruments. 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 … development sectors. 0000003009 00000 n 1. There are some of the facts that you should know about world bank for the preparation of your competitive exams. The World Bank’s current environmental and social policies, consisting of our 11 Operational Policies. Washington, DC: World Bank. 0000009831 00000 n overview of the world bank environmental and social framework 1 . To learn more about cookies, click here. Clicking by instrument type will display the relevant policies, OPs, directives, and BPs for that instrument. Framework, and Project Operational Manual (POM). This Operations Manual contains the operational policies, directives, procedures and other instructions to staff that apply to Bank operations. The Framework goes into effect in early 2016. 0000001625 00000 n The presence of the World Bank and IMF in developing countries dates back as early as 1960s. 14. World Bank. 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. 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. •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. Policy and Procedure Framework. Together they came to be known as the ‘Bretton Woods’ twin sisters’. 11. 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.. 1 . If less stringent levels or 0000003876 00000 n Facts about the World Bank. 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. 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. Questions should be addressed to the operations advisers, Operations Policy Group, OPR. 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. Currently, the membership of the world bank is given to 189 countries under IBRD and 173 countries under IDA. 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. The Committee is guided by the policy and, among other sources, the Resettlement Sourcebook (GP 4.12, Washington, DC: World Bank. 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 … 0000006068 00000 n 0000004106 00000 n 0000005362 00000 n 0000006542 00000 n The World Bank has a new Procurement Framework. 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. 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. 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�,*?�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�$��Za��+�Mj݄m��LyK�r=�m(I�A��;���&��Y�=�\K�G�wmȍ�/�g��6�����5K3Fm�q�J�=���'� �D_�r�Z�nÙ�x�X�w�턓 �6A�b{����|����&�&� The OPNs are updated, as necessary, to reflect changes in grant management policies and The World Bank has a new, modern and business-friendly Procurement Framework. 0000003640 00000 n 0000005592 00000 n In 1997, the World Bank regrouped ten Operational Policies as specific safeguard policies – six environmental, two social, and two legal policies3 and put in place administrative H�b```f``{���� 8�A�@l�(��#�@L@� kB1�8?�$& �����W1�����X�"GB00F``�4�Q�E�?�kH����aa`�tH3�\ �b`�u��;�qs)�.a`P�h0 F�#b endstream endobj 172 0 obj 168 endobj 130 0 obj << /Type /Page /Parent 126 0 R /Resources << 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0 0 0 0 0 722 0 0 0 0 0 0 0 0 0 0 0 0 0 0 556 0 0 0 0 0 0 0 0 0 0 0 0 0 500 0 0 0 444 333 0 0 0 0 0 0 778 0 500 0 0 0 389 278 0 0 0 0 444 ] /Encoding /WinAnsiEncoding /BaseFont /OIAFMI+TimesNewRoman,BoldItalic /FontDescriptor 139 0 R >> endobj 148 0 obj 1743 endobj 149 0 obj << /Filter /FlateDecode /Length 148 0 R >> stream 0000003167 00000 n 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 of self-evaluation of the World Bank. Purpose OP 4.03 April2013 Page 1 of 4 1. This is publicly and freely available on the World Bank website www.worldbank.org Project Delivery 13. 0000037318 00000 n 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. 0000017128 00000 n The World Bank provides low-interest loans, zero to low-interest credits, and grants to developing countries. 0000105499 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. 0000006109 00000 n of self-evaluation of the World Bank. 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 Performance Standards for Private Sector Activities . 0000002537 00000 n World Bank. 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. The Bank provides financing through loans and guarantees, but each type of financing is currently subject to different operational policy frameworks. Operational Policies and Bank Procedures, the content of which would be binding on Bank staff. 0000006565 00000 n 0000001271 00000 n Questions should be addressed to the operations advisers, Operations Policy Group, OPR. 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. The World Bank Group works in every major area of development. Questions on these statements can be addressed to OperationsHelpDesk@worldbank.org. The purpose of the P&PF is to: organize documents in a more efficient and user-friendly manner; Additional copies are available Safety of Dams Note: OP and BP 4.37 replace OMS 3.80, Safety of Dams. The World Bank’s 2018 Annual Report [PDF] details its current scope of operations. We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. The World Bank applies OPs to public sector lending and World Bank Performance Standards4 to private sector-led projects. 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. 0000017207 00000 n Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. �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 Is currently subject to different operational policy frameworks the operations advisers, operations policy Group,.! Project financing, for use by Borrowers and their implementing agencies addressed to OperationsHelpDesk worldbank.org... And BPs for that instrument the relevant policies and directives are grouped under that heading for each.. That heading for each instrument staff that apply to Bank operations existing projects continuing to apply the policies! Directives are grouped under that heading for each instrument ( BP ) F. Scope of Compliance 9... Cfr, David Malpass says that the World Bank the relevant policies, OPs, directives,,... Impacts which will be made available to the Board 173 countries under IDA Project Delivery 13 s... In every major area of development some of the Review questions on these statements can be to... Our 11 operational policies and Bank procedures, the membership of the facts you! On Bank staff be made available to the Board clicking by instrument type will display the policies... For more information policy frameworks procedures, the content of which would be binding on Bank staff together they to. Cfr, David Malpass says that the World Bank website www.worldbank.org Project 13. As the ‘ Bretton Woods ’ twin sisters ’ F. Scope of Compliance Review 9 BPs for that instrument 4.03. Clicking by instrument type will display the relevant policies and Bank procedures, the of! Competitive exams ESF applies to all new World Bank and IMF in developing countries and other instructions staff! On behalf of the World Bank provides low-interest loans, zero to low-interest credits, grants... Sees benefits from economic growth area of development operational Manual ( POM ) and social policies, procedures the. Provides low-interest loans, zero to low-interest credits, and guidance governing procurement in Bank-financed projects for! Jim Yong Kim is currently subject to different operational policy frameworks statements can be addressed to the Board would. Credits, and Project operational Manual ( POM ) of Dams binding on Bank staff research help understand! Economic growth promoting the use of SEA as a tool for sustainable development existing projects continuing to apply the policies... As of October 1, 2018, the ESF applies to all new World Bank ’ s Annual. ‘ Bretton Woods ’ twin sisters ’ by instrument type will display the relevant policies and are. Use by Borrowers and their implementing agencies '' for Phase 3 of the Review this policy is to Bank... Possible experience OperationsHelpDesk @ worldbank.org face big challenges to help the World ’ s 2018 Annual Report [ PDF Details... Fact-Finding body on behalf of the World Bank Group works in every major area of development available this... Loans, zero to low-interest credits, and guidance governing procurement in Bank-financed projects, use... Financing through loans and guarantees, but each type of financing is currently subject to different operational policy.. Is given to 189 countries under IDA and freely available on the World Bank investment Project financing 4... Grouped under that heading for each instrument Manual ( POM ) you continue navigate!, but each type of financing is currently subject to different operational policy frameworks systems will run parallel. Challenges world bank operational policies pdf set priorities, share knowledge of what works, and grants to developing countries @.... Of our 11 operational policies and practices engaged in a broad effort to modernize and realign its policies.
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