This website provides practical knowledge and tools focusing on social, environmental and economic development issues for companies, civil society, local and regional governments.
Business in a World of Uncertainty: Conflict or Shared Prosperity World Investment and Political Risk (2010 & 2012): Investment and Political Risk in Conflict-Affected and Fragile Economies Doing business in fragile contexts situations present significant risks for companies but also holds the potential for substantial rewards in terms of reaching new markets. The risks associated with not engaging in these contexts outweigh most of the risks of engaging in the first place. Political and social risks remain a top obstacle to private sector flows in fragile contexts. Companies operating in fragile contexts constantly face risks of possible destruction of assets, unavailability of inputs and adequate human resources resulting from the lack of infrastructure and weak institutional and regulatory frameworks. For many companies operating in these contexts, appropriate risk management is essential to effective engagement in fragile situations to deliver longer-term and transformational results. World Investment and Political Risks_2010 World Investment and Political Risks_2012 World Development Report (2011): Conflict, Security and Development The private sector can play a vital role in conflict-affected contexts as a key enabler of economic and social development. Businesses operating in these contexts are going beyond their historical focus on extractive industries and shifting toward more investments in SMEs and education which stimulate sustainable employment, entrepreneurship, and local innovation. Some 1.5 billion people live in countries affected by repeated cycles of political violence and instability. No low-income fragile or conflict-affected country has yet to achieve a single Millennium Development Goal. Fixing the economic, political, and security problems that disrupt development and trap fragile states in poverty and fragility require strengthening national institutions and improving governance in ways that prioritizes economic growth and sustainable development. World Development Report_2011 Resource Revolution: Meeting the World’s Energy, Materials, Food and Water Needs In a world of resource scarcity—and environmental and regulatory risks—companies need to integrate resource-related issues and broader sustainability challenges into their strategic thinking and operational planning. In the coming decades, demand for resources is set to continue to rise dramatically even as supply constraints multiply, posing challenges for economic growth, the environment, and social well-being. To overcome potential resource constraints, the adoption of a more sustainable approach in the productivity of how resources are extracted, converted, and used is required to head off potential resource constraints over the next 20 years. Resource Revolution: Meeting the World's energy, materials, food, and water needs Understanding Water Risks: A Primer on the Consequences of Water Scarcity for Government and Business Water-related risks are an emerging threat to businesses. As businesses seek to secure long-term prosperity, to maintain competitive advantage and to secure stability and choice in supply chains, increasing water scarcity presents physical, financial, regulatory and reputational risks. Water scarcity is one of the key challenges facing the world in the 21st century. The continuing availability of water underpins action on food security, energy security, poverty reduction, economic growth, conflict reduction, climate change adaptation and biodiversity loss. Understanding Water Risks Agriculture in 2020: Sustainability Threats and Business Solutions McKinsey on Supply Chain The supply chain issues have become increasingly important for companies. In many sectors, the success or failure of individual companies to take advantage of global opportunities depends on their ability to integrate global supply chains. The globalization of consumption patterns spurred by rising tide of global uncertainty and business complexity will have supply chain implications for decades to come. Many global supply chains are not equipped to cope with the world we are entering. During uncertain times, these issues are becoming increasingly important for companies as integrating supply chain risks into business operations usually translates into better performance for the business. McKinsey on supply chain: Select Publications McKinsey: Four Lessons for Transforming African Agriculture Investments from the private sector in the agriculture sector already are significant and vital in a handful of African countries. The African agriculture is at a turning point. The private sector investments in the agriculture sector are continuing to rise rapidly coupled with governments’ adoption of market-friendly policies promoting investments in the sector. High and volatile food prices underline the importance of development efforts toward the agriculture sector in Africa. For greater development results, agricultural programs require the active engagement of private agents such as farmers or farmers’ organizations, input suppliers, warehouse operators, buyers, and traders, including international trading companies. Four lessons on transforming Africa Agriculture: McKinsey on Africa agriculture Rising Global Interest in Farmland: Can It Yield Sustainable and Equitable Benefits? Investment interest of companies and financial institutions in emerging markets farmland is increasing exponentially. Given commodity price volatility, growing human and environmental pressures, and worries about food security, this interest will continue to increase drastically in the years ahead. The emerging markets need more and better investment in agriculture to reduce poverty, increase economic growth, and promote environmental sustainability. Investments in agriculture are critical to economic growth and development but expansions pose serious environmental and social challenges and that action from the public and private sector will be needed to reduce detrimental impacts. Rising global interest in farmland The Way Forward in a World of Uncertainty. The Role of Firms, Civil Society, Governments and Academia Inclusive Green Growth Businesses have a major role to play in providing solutions to inclusive green growth. Their capacity to innovate, skills and production processes enables businesses to play a vital role in promoting the inclusive green growth. This means that governments need to influence the behavior of firms by providing appropriate incentives and regulations in addition to the right economic incentives. For emerging economies, rapid economic growth is necessary to meet the urgent development needs of the poor. But the economic growth will be unsustainable in the long run unless it is both socially inclusive and green. Inclusive green growth increases efficiency by reducing unnecessary wasting of energy and natural resources, improving urban planning to make the best use of public transport and other services, creating multiuse infrastructure, and eliminating fossil fuel subsidies that provide greater benefit to the wealthy and are a costly way to help the poor. Inclusive green growth_May 2012
Security Arrangements at IFC on June 19-21 Please allow a minimum of 30 minutes to pass through security. Upon your arrival at the IFC building on 2121 Pennsylvania Avenue NW, Washington DC 20433: Show a valid government issued photo ID to the Guard at the entrance of the building and say that you are attending the Sustainability Exchange event. Go to the Event Desk (to be clearly marked) to get your security badge and sign the attendance sheet Proceed to the screening machine, show Guard your photo ID, then scan your Visitor pass To expedite screening, please make sure to empty your pockets of metal objects. Please put your bags through the screening machine. Computers, if any, should be taken out of your bag and scanned separately. Our staff will escort you to the IFC Auditorium Please keep your IFC security badge displayed at all times. Emergency contact numbers just in case Please feel free to contact any of the IFC Sustainability Summit team members below in case of an emergency. Alejandra Moreno – 1.202.352.5208 Debora Ennaboulssi – 1.202.415.1608 Toniqua Hay – 1.434.535.6161 Anna Vorotniak – 1.202.270.8659 WiFi arrangements at the IFC We are pleased to offer WiFi service to all Exchange participants at IFC Headquarters. The WiFi code will be made available upon registration.
May 15, 2013
Venues for the Forum and Exchange The Forum (June 18) Renaissance Hotel 999 9th St NW, Washington, DC 20001 The Exchange (June 19-21) IFC Auditorium, IFC Headquarters 2121 Pennsylvania Avenue NW, Washington DC, 20433
Please find attached the documetns on the right hand bar as helpful prereading materials for IFC Sustainability Summit 2013.
IFC Sustainability Summit 2013 In an increasingly uncertain world, one thing is for sure: companies must adapt and evolve to stay successful and thrive. On June 18-21 in Washington, DC, we are bringing together an extraordinary community of companies, practitioners, and thought leaders to discuss pressing sustainability issues that are and will be critical for business in emerging markets over the next five to 15 years. Building on IFC's flagship Sustainability Exchange, this year's Summit will focus on what the big-picture emerging sustainability issues are, and how companies can deal with and prepare for uncertainty, especially in difficult operational contexts. Due to limited space, this event is by invitation only. For inquiries, email email@example.com. June 18 – The Forum Venue, TBD, Washington, DC June 19-21 – The Exchange IFC Auditorium, IFC Headquarters, 2121 Pennsylvania Avenue NW, Washington, DC 20433
Managing Forest Resources for Sustainable Development ( An Evaluation of World Bank Group Experience )
February 05, 2013
A decade ago, the World Bank Group shifted its approach in the forest sector by putting poverty alleviation and sustainable economic development on equal footing with conservation. It was a bold move given the risks and trade-offs involved in balancing these three aims. A decade into its implementation IEG evaluated the progress made and results of this approach. The evaluation involved a review of the Bank Group Forest Strategy and a complete portfolio review of nearly 350 operations approved since 2002. Field-based case studies were conducted in Brazil, Chile, China, the Democratic Republic of Congo, India, Indonesia, Lao People’s Democratic Republic, Liberia, Mexico, Peru, the Russian Federation, South Sudan, and Uruguay. The team also gathered feedback from tropical timber associations, certification bodies, and logging companies at the Racewood Conference in the Republic of Congo. Background Papers were commissioned on Sustainable Land Management in the Sahel, on the World Bank's support for Forests in Transition in the ECA Region, and on the World Bank's Forest Partnerships. Extensive interviews were held with Government counterparts, project beneficiaries, forest product companies, and civil society organizations. A literature review complemented and informed the analysis, including IEG’s 2000 Forest Evaluation and the World Bank’s Mid-Term Review of Implementation. Lessons from a parallel review of the Forest Carbon Partnership Facility were also incorporated in the IEG Forest Evaluation. Click here to view the report.
IFC Sustainability Summit ( Dealing with Uncertainity: Addressing Sustainability Challenges in Fragile Situations )
June 18, 2013 IFC Sustainabililty Forum Getting ahead of the curve: Emerging Sustainability Issues, strategic business implications, pragmatic solutions. June 19-21, 2013 7th Annual IFC Sustainability Exchange Sharing tools and solutions that drive good performance by embedding sustainability into core business functions. Stay tuned for more details
Seeds of Destruction ( Expansion of Industrial Oil Palm in the Congo Basin Potential Impacts on Forest and People )
Half a million hectares of industrial oil palm expansion projects are getting underway in the Congo Basin rainforest, which will result in a fivefold increase in the area of active large-scale palm plantations in the region, according to the report by The Rainforest Foundation UK (RFUK).
The Roundtable on Sustainable Palm Oil (RSPO) and complaints Resolution ( Guidance on submitting a complaint for civil society organisations and local communities )
This document sets out the RSPO’s system for resolving disputes. It provides basic information and guidance to civil society organisations and affected local communities on how the RSPO complaint process works and the various steps involved in submitting a complaint.
Toolkit and Guidance for Preventing and Managing Land and Natural Resources Conflict ( Extractive Industries and Conflict )
Experience shows that tackling the underlying causes of EI conflict requires a concerted and multifaceted approach that encompasses governance, macro- and micro-economic stability, capacity enhancement, and creative approaches that increase opportunities for dialogue while contributing to the peaceful resolution of conflict. This GN paper identifies six key opportunities for preventing conflicts related to EIs.