Yearbook of International Environmental Law - Vol. 7

By Günther Handl; Jutta Brunnée et al. | Go to book overview

Resolution on the Implementation of the United Nations New Agenda for the Development of Africa in the 1990s refers briefly to sustainable development in the preamble. No mention of sustainable development or environmental concerns more generally is made in the other two resolutions.

Jaye Ellis


12. REGIONAL DEVELOPMENT BANKS

A. ASIAN DEVELOPMENT BANK (ADB)

(1) Introduction

The environmental program of the ADB continued to develop in 1996 with (i) increased amounts of loans allocated for public sector loans with an environmental focus; (ii) the establishment of a private sector investment fund to be administered pursuant to the ADB's "core principles" relating to environmental protection and social development; (iii) implementation of a wide variety of technical assistance grant projects with an environmental, especially legal, focus; (iv) publications dealing with environmental and related issues, including a Guidebook concerning the ADB's Inspection Policy, and a book on governance in East Asia; and (v) preparation of policy papers dealing with Cooperation with Non-Governmental Organizations (NGOS) and Indigenous Peoples in Development.


(2) Public Sector Loans

ADB approved public sector projects loans totalling US $5.489 billion, of which $368.1 million were provided for projects with primary environmental objectives and $368 million were devoted to projects with secondary environmental objectives. Projects with primary environmental objectives are designed to promote sound management of natural resources and the environment and have components valued at more than 50 percent of the total project cost; projects with secondary environmental objectives are projects with the same objectives but with environmental components valued at less than 20 percent of total project cost.

Loans approved in 1996 for eight projects with primary environmental objectives consisted of a Forestry Sector Project in Bangladesh, a Klang River Flood Mitigation and Environmental Management Project in Malaysia, a Second Tourism Infrastructure Development Project in Nepal, two Anhui Environment Improvement Projects in the People's Republic of China (PRC), and three projects in Indonesia. The PRC's project focused on industry and water and the Indonesian projects consisted of a Segara Anakan Conservation and Development Project, an Integrated Pest Management for Smallholder Estates Crops Project, and a BAPEDAL ( Environmental Impact Management Agency) Regional Network Project.

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