| Introduction
Challenges
Reform
Safety nets
Post-conflict
Portfolio |
Stemming environmental degradation in the CIS remains a difficult task in view of limited domestic resources. The Bank has
supported efforts to tackle this issue by
helping governments to develop national environmental action plans
(NEAPs), which emphasize sustainable policy changes and further institution building. In fiscal 1997
the NEAP for Kazakhstan was completed, adding to twelve
NEAPs delivered previously: those for Armenia, Azerbaijan, Georgia, and Uzbekistan will be completed in fiscal
1998. Progress was also made in addressing global environmental issues. In Russia, the Bank and the Global Environment Fund
(GEF) are establishing an ozone-depleting substance (ODS) phaseout trust fund that will be financed by bilateral donors.
In Russia a greenhouse gas reduction project attracted
donor cofinancing, and the Biodiversity Conservation Project achieved strong local ownership. Bank support of international
programs to clean up the Aral Sea, Baltic Sea, Black
Sea, Caspian Sea, and the Danube River continued. To enhance the role of
NGOs in the design and impact of environmental projects, the Bank cosponsored an international
workshop of NGOs in May in Budapest.
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