This paper provides an update to the Board on the implementation of the Environmental and Social Framework (ESF) for Investment Project Financing (IPF) which was approved by the Board in August 2016. The ESF subsequently became effective on October 1, 2018. All new World Bank IPF, with Concept Note meetings on or after this date are applying the ESF. Substantial work was done during the initial implementation period, including enhancing Bank capacity...
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