A/70/274 I. Introduction1 1. The present report on the human rights policy of the World Bank 2 is submitted in accordance with Human Rights Council resolution 26/3. 2. In the context of a mandate dealing with extreme poverty and human rights, the World Bank is arguably the single most important international agency. Some might question this characterization on the grounds that the $40 billion or more that the Bank provided to borrowing countries in 2014 represents only a fraction of total private capital flows to developing countries from all multilateral and national development banks, bilateral donors and private investors. However, not only is the elimination of extreme poverty one of its two central goals, its research is more voluminous and influential than that of its peers. It remains the key standard -setter in many areas, its knowledge and expertise are often crucial and its seal of approval frequently encourages the participation of other donors or investors. 3. The Special Rapporteur begins his report by looking at how human rights are approached within the following contexts in the work of the Bank: legal policy, public relations, policy analysis, operations and safeguards. He then seeks to explain the reasons for the historical aversion of the Bank to human rights, argues that it needs a new approach and explores what difference that might make. Finally, he reflects on what a World Bank policy on human rights might look like. 4. The thrust of the report is that the existing approach of the Bank is incoherent, counterproductive and unsustainable. It is based on outdated legal analysis and shaped by deep misperceptions of what a human rights policy would require. What is needed is a transparent dialogue designed to generate an informed and nuanced policy that will avoid undoubted perils, while enabling the Bank and its members to make constructive and productive use of the universally accepted human rights framework. II. Human rights policy of the World Bank 5. The World Bank does not have a single comprehensive human rights policy. Rather, it has many different and competing approaches to the issue. For analytical purposes it can be seen to have adopted different human rights polic ies in each of the following contexts: legal policy, public relations, policy analysis, operations and safeguards. A. Legal policy 6. The Articles of Agreement of the International Bank for Development (IBRD) contain several provisions commonly “political prohibition”. Most importantly, article IV, section 10 Bank and its officers shall not interfere in the political affairs Reconstruction and referred to as the provides that: “The of any member, … __________________ 1 2 4/23 The Special Rapporteur is grateful to Christiaan van Veen for his invaluable assistance in the preparation of this report. The present report focuses only on the policies of the International Bank for Reconstruction and Development and the International Development Association, jointly referred to hereafter as the World Bank or the Bank. 15-12536

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