§262m — Title 22 Foreign Relations and Intercourse | U.S. Code

Summary

Congress says U.S. aid to international development banks must promote using natural resources wisely, protect the environment and public health, and respect indigenous peoples. Congress also finds that these banks have sometimes failed to protect those things. Projects usually work better and cost less when local communities are consulted. Some developing governments lack the right policies. The banks do not yet give enough help to borrowers to encourage sustainable resource use and community consultation.

Title 22, §262m

Foreign Relations and Intercourse — Source: USLM XML via OLRC

The Congress finds that—

(1)United States assistance to the multilateral development banks should promote sustainable use of natural resources and the protection of the environment, public health, and the status of indigenous peoples in developing countries;

(2)multilateral development bank projects, policies, and loans have failed in some cases to provide adequate safeguards for the environment, public health, natural resources, and indigenous peoples;

(3)many development efforts of the multilateral development banks are more enduring and less costly if based on consultations with directly affected population groups and communities;

(4)developing country governments sometimes do not ensure that appropriate policies and procedures are in place to use natural resources sustainably or consult with affected population groups and communities, where costs could be reduced or benefits made more enduring; and

(5)in general, the multilateral development banks do not yet provide systematic and adequate assistance to their borrowers to encourage sustainable resource use and consultation with affected communities, where costs could be reduced or benefits made more enduring.

Editorial Notes

Codification section 1301 of Pub. L. 95–118 is based on section 701 of title VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11, 1987, and enacted into law by Pub. L. 100–202.

§262m Congressional findings and policies for multilateral development banks respecting environment, public health, natural resources, and indigenous peoples

Summary

Title 22, §262m

Notes & Related Subsidiaries

Editorial Notes

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