Cookies Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.

I accept this policy

Find out more here

Objections To Bank-Financed Projects

Brill’s MyBook program is exclusively available on BrillOnline Books and Journals. Students and scholars affiliated with an institution that has purchased a Brill E-Book on the BrillOnline platform automatically have access to the MyBook option for the title(s) acquired by the Library. Brill MyBook is a print-on-demand paperback copy which is sold at a favorably uniform low price.

Access this chapter

+ Tax (if applicable)

Chapter Summary

This Chapter describes the procedures, which the Bank follows if one of the riparians objects to a Bank-financed project. The policy requires the Country Director, in collaboration with the Legal Vice Presidency and other departments to send a memorandum on the objection to the Regional Vice President. The notifying state and the notified state shall enter into consultations and negotiations with a view to arriving at an equitable resolution of the situation. The procedures established by the Bank are less complex than those proposed by the ILA or ILC. The Bank has received very few objections for the projects it has been financing on international waterways. Objection by one riparian state to the project when some of the other riparian states have responded positively, usually indicates the weak basis for the objection. Agreements on shared watercourses are increasing, and the dispute settlement provisions are becoming more novel and complex.

Keywords: Bank-financed projects; ILA; ILC; riparians



Can't access your account?
  • Tools

  • Add to Favorites
  • Printable version
  • Email this page
  • Recommend to your library

    You must fill out fields marked with: *

    Librarian details
    Your details
    Why are you recommending this title?
    Select reason:
    The World Bank Policy for Projects on International Waterways — Recommend this title to your library
  • Export citations
  • Key

  • Full access
  • Open Access
  • Partial/No accessInformation