It is not enough to improve the quality of people's lives today; we have to ensure that short-term gains do not come at the expense of constrained opportunities for future development. In this sense, sustainable environmental management is an essential condition for long-term economic growth and lasting improvements in people's well-being.
We will promote better policy, regulatory, and institutional frameworks for sustainable environmental management; help improve safeguard systems and practices; and promote environmentally and socially sustainable private sector development. The private sector is becoming a major player in many areas previously controlled by the public sector. The Bank will work to ensure that the private sector becomes a driving force in sustainable development.
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