22 U.S.C. § 262m — Congressional findings and policies for multilateral development banks respecting environment, public health, natural resources, and indigenous peoples
submitted 39 years ago by Pub. L. 95-118 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 168 words · no verdicts yet
Congress finds that U.S. aid to development banks should protect the environment, public health, and indigenous peoples. It finds banks have sometimes failed to safeguard these interests. Development works better and costs less when it involves affected communities.
Congress makes these findings:
(1) U.S. assistance to the multilateral development banks* should promote sustainable use of natural resources and protect the environment, public health, and the status of indigenous peoples in developing countries.
(2) Multilateral development bank* projects, policies, and loans have sometimes failed to adequately protect the environment, public health, natural resources, and indigenous peoples.
(3) Many of the banks' development efforts last longer and cost less when they are based on talking with the population groups and communities directly affected.
(4) Developing-country governments sometimes fail to put in place the right policies and procedures to use natural resources sustainably, or to consult affected communities, even where doing so could cut costs or make benefits last longer.
(5) In general, the multilateral development banks still do not give their borrowers enough systematic help to encourage sustainable resource use and consultation with affected communities, in situations where this could cut costs or make benefits last longer.
The Congress finds that—
United States assistance to the multilateral development banks* should promote sustainable use of natural resources and the protection of the environment, public health, and the status of indigenous peoples in developing countries;
multilateral development bank* projects, policies, and loans have failed in some cases to provide adequate safeguards for the environment, public health, natural resources, and indigenous peoples;
many development efforts of the multilateral development banks are more enduring and less costly if based on consultations with directly affected population groups and communities;
developing country governments sometimes do not ensure that appropriate policies and procedures are in place to use natural resources sustainably or consult with affected population groups and communities, where costs could be reduced or benefits made more enduring; and
in general, the multilateral development banks do not yet provide systematic and adequate assistance to their borrowers to encourage sustainable resource use and consultation with affected communities, where costs could be reduced or benefits made more enduring.
Source credit: (Pub. L. 95–118, title XIII, § 1301, as added Pub. L. 100–202, § 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329–131, 1329–134.)
- 1987Enacted · Pub. L. 95-118 · 101 Stat. 1329
A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-118 on 1987-12-22.
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