world_organizations medium True/False

The World Bank's Environmental and Social Framework (ESF), effective from 2018, strengthens protections for people and the environment in development projects, emphasizing borrower responsibility, stakeholder engagement, and grievance mechanisms.

  1. True
  2. False

Answer: True

The ESF comprises 10 standards covering labor conditions, community health, biodiversity, indigenous peoples, and more. It promotes sustainable development by ensuring projects manage environmental and social risks while enhancing development effectiveness and inclusivity.

Topic World Bank
Exam Relevance Banking, UPSC, SSC
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