World Resources Institute: The World Banks annual spring meetings take place this week in Washington, D.C. One big topic on the agenda is how to update the World Banks safeguard policies. Created in the early 1990s, these policies ensure that the Bank considers the social and environmental effects of proposed projects. For example, the safeguards require those borrowing money to assess the projects environmental impacts and to compensate households who are negatively affected.
The full suite of safeguards is now under...