Skip to main content

Underwriting the Environment: Development Bank Influence in the Barents Region

  • Conference paper
The NEBI Yearbook 2000
  • 114 Accesses

Abstract

For the developing world and the former centrally planned economies, development and reconstruction aid comes largely in the form of loans, grants and guarantees from international financial institutions. Chief among these are the World Bank Group2 and the European Bank for Reconstruction and Development (EBRD), which lent a total of EUR 12.3 billion and EUR 2.4 billion, respectively, in 1999. This financial capital has afforded the lenders considerable influence over their borrowers’ economic practices and policies. Despite policies of political neutrality and non-interference held by some development banks,3 this influence has extended to the political sphere as well. As Gill (1995) contends, the multilateral development banks have become agents of ‘disciplinary neoliberalism,’ a form of global economic governance imposed by the structural power of financial capital and the behavioral power of conditionality policies.

The author gratefully acknowledges research support rom the American-Scandinavian Foundation and the Leopold Schepp Foundation. The author is indebted to the Barents Secretariat, Kirkenes, Norway, for their kind assistance in connection with this research. An earlier version of this paper was presented at the International Conference on the Barents Euro-Artic Region, Oslo, 27–28 April 1998, sponsored by the Norwegian Institute of International Affairs.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Aanesen, M. (1995). ‘Transboundary Co-operation to Solve Environmental Problems: The Case of SO2 Emissions in the Border Area between Norway and Russia,’ pages 127–42 in Dahlström, M., Eskelinen, H. and Wiberg, U. (eds). The East-West Interface in the European North. Uppsala, Sweden, Nordisk Samhällsgeografisk Tidskrift.

    Google Scholar 

  • AMAP (1997). Arctic Pollution Issues: A State of the Arctic Environment Report. Oslo, Arctic Monitoring and Assessment Programme.

    Google Scholar 

  • Barents Council (1994). ‘Environment Action Programme.’ Declaration from the first meeting of environment ministers, Bodø, Norway, 15 June 1994. Kirkenes, Norway, Barents Secretariat.

    Google Scholar 

  • Barents Council (1995). Declaration from the second meeting of environment ministers, Rovaniemi, Finland, 14–15 December 1995. Kirkenes, Norway, Barents Secretariat.

    Google Scholar 

  • Barents Council, Environment Task Force (1994). Minutes of the first meeting of the task force for the further development of the environment action programme, Oslo, 17–18 November 1994. Kirkenes, Norway, Barents Secretariat.

    Google Scholar 

  • Barents Council, Environment Task Force (1995a). Minutes of the fourth meeting of the task force for the further development of the environment action programme and the preparatory meeting of the ministers of the environment, Rovaniemi, Finland, 2–3 October 1995. Kirkenes, Norway, Barents Secretariat.

    Google Scholar 

  • Barents Council, Environment Task Force (1995b). ‘Report to the Barents Council, Rovaniemi, 14–15 December 1995.’ Kirkenes, Norway, Barents Secretariat.

    Google Scholar 

  • Barents Council, Environment Task Force (1997). ‘Report to the Third Ministerial Conference [of Environment Ministers], St. Petersburg, 9 October 1997.’ Kirkenes, Norway, Barents Secretariat.

    Google Scholar 

  • Barents Council, Environment Task Force (1999). ‘Report to the Barents Council, Fourth Meeting of Environment Ministers, Umeå, 10–11 June 1999.’ Kirkenes, Norway, Barents Secretariat.

    Google Scholar 

  • Berntsen, T. (1994). ‘Handlingsprogram for miljøvern i De europeiske nordområder.’ [Action Programme for Environmental Protection in the European North]. Speech delivered at the first meeting of environment ministers of the Barents Euro-Arctic Council, Bodø, Norway, 15 June 1994. Oslo, Ministry of Environment.

    Google Scholar 

  • Connolly, B. (1996). ‘Increments for the Earth: The Politics of Environmental Aid,’ pages 327–65 in Keohane, R.O., and Levy, M.A. (eds). Institutions for Environmental Aid: Pitfalls and Promise. Cambridge, MIT Press.

    Google Scholar 

  • Connolly, B. and List, M. (1996). ‘Nuclear Safety in Eastern Europe and the Former Soviet Union,’ pages 233–79 in Keohane, R.O. and Levy, M.A. (eds). Institutions for Environmental Aid: Pitfalls and Promise. Cambridge, MIT Press.

    Google Scholar 

  • Darst, R.G. (1997). ‘Bribery and Blackmail in East-West Environmental Politics,’ Post-Soviet Affairs 13(1), pages 42–77.

    Google Scholar 

  • EBRD (1996a). Environmental Procedures. Rev. ed. London, European Bank for Reconstruction and Development.

    Google Scholar 

  • EBRD (1996b). The Nuclear Safety Account. London, European Bank for Reconstruction and Development.

    Google Scholar 

  • Env. Task Force. See Barents Council, Environment Task Force.

    Google Scholar 

  • Gill, S. (1995). ‘Globalisation, Market Civilisation, and Disciplinary Neoliberalism,’ Millennium 24(3): 399–423.

    Article  Google Scholar 

  • Haas, P.M. (1993). ‘Protecting the Baltic and North Seas,’ pages 133–181 in Haas, P.M., Keohane, R.O. and Levy, M.A. (eds). Institutions for the Earth: Sources of Effective International Environmental Protection. Cambridge, MIT Press.

    Google Scholar 

  • Hjorth, R. (ed.) (1996). Baltic Environmental Cooperation: A Regime in Transition. Linköping, Sweden, Linköping University.

    Google Scholar 

  • Keohane, R.O. and Levy, M.A. (eds) (1996). Institutions for Environmental Aid: Pitfalls and Promise. Cambridge, MIT Press.

    Google Scholar 

  • Le Prestre, P. (1989). The World Bank and the Environmental Challenge. London and Toronto, Associated University Press.

    Google Scholar 

  • NEFCO (1995a). Proposals for Environmentally Sound Investment Projects in the Russian Part of the Barents Region. Vol. 1, Non-radioactive Contamination. Helsinki, Nordic Environmental Finance Corporation.

    Google Scholar 

  • NEFCO (1995b). Proposals for Environmentally Sound Investment Projects in the Russian Part of the Barents Region. Vol. 2, Radioactive Contamination. Helsinki, Nordic Environmental Finance Corporation.

    Google Scholar 

  • NEFCO (1998). Årsredovisning 1997. [Annual Report 1997]. Helsinki, Nordic Environmental Finance Corporation.

    Google Scholar 

  • NEFCO (1999). Årsredovisning 1998. [Annual Report 1998]. Helsinki, Nordic Environmental Finance Corporation.

    Google Scholar 

  • Nelson, P.J. (1996). ‘Internationalising Economic and Environmental Policy: Transnational NGO Networks and the World Bank’s Expanding Influence,’ Millennium 25(3), pages 605–33.

    Article  Google Scholar 

  • NIB (1998). Annual Report 1997. Helsinki, Nordic Investment Bank.

    Google Scholar 

  • NIB (1999). Annual Report 1998. Helsinki, Nordic Investment Bank.

    Google Scholar 

  • Rich, B. (1984). Mortgaging the Earth: The World Bank, Environmental Impoverishment, and the Crisis of Development. Boston, Beacon.

    Google Scholar 

  • Scrivener, D. (1996). Cooperation in the Arctic: From Strategy to Council. Oslo, Den Norske Atlanterhavskomité.

    Google Scholar 

  • Shekhovtsov, A.V. and Zvonov, V.J. (1993). ‘Towns of the Russian Federation with a High Level of Anthropogenic Load,’ Russian Meteorology and Hydrology 1, pages 103–10.

    Google Scholar 

  • Sigurdsson, J. (1997). ‘The Environment of the Barents Region and the Role of the Nordic Investment Bank,’ pages 129–35 in Heininen, L. and Langlais, R. (eds). Europe’s Northern Dimension: The BEAR Meets the South. Rovaniemi, Finland, University of Lapland Press.

    Google Scholar 

  • United Nations (1992). ‘Rio Declaration on Environment and Development,’ annex I in Report of the United Nations Conference on Environment and Development, Rio de Janeiro, 3–14 June 1992, A/Conf. 151/26 (vol. 1).

    Google Scholar 

  • World Bank (1994). Staff Appraisal Report: Russian Federation Environmental Management Project. Report no. 12838-RU. Washington, DC, World Bank.

    Google Scholar 

  • World Bank (1995). The World Bank Operational Manual. Washington, DC, World Bank.

    Google Scholar 

  • World Bank (1999). Annual Report 1999. Washington, DC, World Bank.

    Google Scholar 

Download references

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2000 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Sawhill, S.G. (2000). Underwriting the Environment: Development Bank Influence in the Barents Region. In: Hedegaard, L., Lindström, B., Joenniemi, P., Östhol, A., Peschel, K., Stålvant, CE. (eds) The NEBI Yearbook 2000. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-58337-7_8

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-58337-7_8

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-63541-0

  • Online ISBN: 978-3-642-58337-7

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics