MULTILATERAL DEVELOPMENT BANKSâ ENVIRONMENTAL ASSESSMENT AND INFORMATION POLICIES: IMPACT OF THE PELOSI AMENDMENT (CRS Report for Congress)
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Release Date |
Feb. 12, 1998 |
Report Number |
98-180 |
Report Type |
Report |
Authors |
Jonathan Sanford, Foreign Affairs and National Defense Division |
Source Agency |
Congressional Research Service |
Summary:
In 1989, Congress passed legislation that included a provision known as the "Pelosi Amendment." It requires U.S. Executive Directors at the World Bank and all the regional multilateral development banks to abstain or vote against any proposed action with significant environmental effects if it has not received an appropriate environmental assessment, or if the assessment has not been available to the Executive Directors and the public for 120 days before a vote. This report describes the environmental assessment and information disclosure policies of the multilateral development banks that have been in effect since 1991, and actions taken by the U.S. government to implement it.