Resolution: Environmental and Social Safeguards Framework

A July 2019 Board resolution committed us to strengthen our social and environmental safeguards framework, which was designed to increase the role of communities in all of our field-based projects; better identify, manage, and escalate risks; and enhance due diligence. This strengthened safeguards framework was modeled after similar frameworks used by the World Bank and the US Millennium Challenge Corporation, and includes learnings from six years of applying such safeguards to our Global Environment Facility and Green Climate Fund projects. The resolution is as follows.