Banking on the Environment: Multilateral Development Banks and Their Environmental Performance in Central and Eastern Europe (Global Environmental Accord: Strategies for Sustainability and Institutional Innovation)

Gutner, Tamar


Multilateral development banks (MDBs) are increasingly expected to address environmental issues in their economic development lending. Yet the banks have been accused of failing to implement their own environmental policies, thereby contributing to environmental degradation in borrowing countries. In this book 1997 IDRF Fellow Tamar Gutner analyzes the environmental policies of three MDBs: the World Bank, the European Bank for Reconstruction and Development, and the European Investment Bank. She compares their performance in Central and Eastern Europe, where the need for economic and environmental reform has been particularly urgent, and where these MDBs are among the largest donors. Buy from Amazon.