An Action Plan for Improved Natural Resource and Environment Management

The action plan takes very much into account the core messages of the World Bank’s Environment Strategy and reflects thinking articulated in the Green Growth Strategy. The Environment Strategy emphasizes green, clean, and resilient development. To clarify, in this case, Green means efficient, incorporating the value of natural assets; Clean means reduced pollution, healthy and low GHG emitting, and Resilient means capacity to adapt to shocks, climate change and to make needed changes in production and consumption patterns. The Green Growth strategy emphasizes the links between green growth and broader growth policy, but emphasizes the need to tackle market and governance failures, entrenched behaviors and social norms, and up-front financing costs. It highlights the role of innovation and investment in human, natural and physical capital.