asked the Minister for Finance if the World Bank has decided that any project financed by it must be environmentally and ecologically correct; and, if so, if similar standards will be applied by the IDA.
Ceisteanna—Questions. Oral Answers. - World Bank Projects.
117.
Mr. Kenny
The World Bank has not taken a decision in the terms indicated by the Deputy. The bank's report for 1973 states that in planning, formulating and appraising projects environmental, health and social considerations are now viewed as integral elements to be evaluated and incorporated, the fundamental aim being to add to economic development the new dimension of ecological care. The International Development Association (IDA)—an affiliate of the World Bank—operate on the same basis. If the Deputy's reference to the IDA relates to our Industrial Development Authority I would refer him to the reply given on 6th of November, 1973, by the Minister for Industry and Commerce to Question No. 40 by the Deputy on the same subject.