Lending, investing and guaranteeing sustainable development
in World Bank Group interactions with environmentalists
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This chapter assesses the broader implications of environmental shifts in the World Bank Group (WBG) organisation identities for the future of international development lending and environmental activism. It discusses the role of socialisation in the formation of the identity of WBG organizations and explains how they were influenced by norms of sustainable development. These organizations include the World Bank, the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). This chapter suggests that new paths to socialisation will need to be forged to reconstitute radically the broader international political economy towards ecologically driven development for all states, IOs and non-state actors alike.

World Bank Group interactions with environmentalists

Changing international organisation identities


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