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NGOs say that for the Loan Program Results-enable countries to put aside social and environmental safeguards hard that the recipients of loans from the World Bank generally must meet

is written in 60 pages of almost incomprehensible economic-speak, but a World Bank plan to establish a radical new way of lending money to developing countries is called a potential disaster for indigenous peoples the environment and human rights.

The proposal, called a new tool to promote development effectiveness: Loan Program results-oriented (K4), which lend money based on the results of projects . The proposal was published in February, and the consultation phase II completed recently. Board approval is expected later this year. Some of the NGOs who keep an eye on the activities of the bank - International Rivers, Friends of the Earth United States and the Bank Information Center - for example, is clearly intended to allow countries to avoid dozens of difficult, expensive and guarantees, social and environmental loans from the World Bank in general, receivers must be respected.

Under the proposals, the new instrument should eliminate or greatly diluting 25 guarantees and policies. Include those for forced displacement, natural habitats, cultural resources and physical, indigenous peoples, forests, dam safety, natural habitats and environmental action plans. Most of these policies have had years of lobbying by non-governmental organizations to secure.

"This is the latest development of an alarming trend in the World Bank, in which the institution has created many forms of financing for the backup and accountability standards are very difficult to work, if not [be] completely free. P4R A loan may be given to a government for the program related to forests that eventually led to violations of the rights and ownership of Aboriginal lands. However, under P4R, policies World Bank Indigenous Peoples does not apply to this loan, or the normal rules of disclosure. "

The bank argues in its proposal that its mechanism of accountability could be used to K4, but acknowledges that the loans could be used to fund activities with significant negative impacts on the environment and community.

"Bank support will help member countries improve the design and implementation of their own development programs in the areas of infrastructure, education, health and others. Although the results are in center of everything the bank, the program will focus on the results of development results more directly linking expenditures to outcomes or performance indicators that are tangible, verifiable and transparent, "he said.

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