The fifth chapter examines the eco-social policy discourse of the World Bank. It offers an analysis of how the World Bank approaches the integration of environmental and social concerns discursively and how it addresses the tensions between these policy domains. Having a focus on poverty, the World Bank acknowledges that climate change and environmental degradation disproportionately affect vulnerable and marginalised populations, exacerbating social inequalities. One of the notable features of the World Bank’s eco-social policy discourse is its emphasis on the role of the private sector in achieving environmental and social policy objectives. The organisation advocates for public-private partnerships and market-based solutions to address environmental and social challenges. It promotes the narrative of “unleashing the power of the private sector”. However, the World Bank also promotes crucial elements of green Keynesianism that focus on government intervention. The World Bank’s eco-social policy discourse also highlights the significance of infrastructure projects and technology in achieving eco-social policy objectives. Similar to the OECD, the World Bank addresses the need for a “just transition” to a more sustainable economy, recognising the importance of supporting vulnerable groups during the shift towards environmentally friendly practices. The organisation emphasises the role of social protection policies in ensuring that the transition benefits all segments of society. The chapter also explores how the organisation aims to reconcile environmental and social concerns in its projects and initiatives. Accordingly, The World Bank’s Environmental and Social Framework, a critical legal document guiding project planning, is analysed to understand how it incorporates environmental and social considerations, arguing that it promotes a new public management discourse.

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The World Bank’s Eco-Social Policy Discourse

  • Robin Schulze Waltrup

摘要

The fifth chapter examines the eco-social policy discourse of the World Bank. It offers an analysis of how the World Bank approaches the integration of environmental and social concerns discursively and how it addresses the tensions between these policy domains. Having a focus on poverty, the World Bank acknowledges that climate change and environmental degradation disproportionately affect vulnerable and marginalised populations, exacerbating social inequalities. One of the notable features of the World Bank’s eco-social policy discourse is its emphasis on the role of the private sector in achieving environmental and social policy objectives. The organisation advocates for public-private partnerships and market-based solutions to address environmental and social challenges. It promotes the narrative of “unleashing the power of the private sector”. However, the World Bank also promotes crucial elements of green Keynesianism that focus on government intervention. The World Bank’s eco-social policy discourse also highlights the significance of infrastructure projects and technology in achieving eco-social policy objectives. Similar to the OECD, the World Bank addresses the need for a “just transition” to a more sustainable economy, recognising the importance of supporting vulnerable groups during the shift towards environmentally friendly practices. The organisation emphasises the role of social protection policies in ensuring that the transition benefits all segments of society. The chapter also explores how the organisation aims to reconcile environmental and social concerns in its projects and initiatives. Accordingly, The World Bank’s Environmental and Social Framework, a critical legal document guiding project planning, is analysed to understand how it incorporates environmental and social considerations, arguing that it promotes a new public management discourse.