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that MDBs, thus far, seem responsive to concerns raised early in
Secretary of the Treasury to instruct U.S. Executive Directors of
begin discussions with other donor nations to seek practical ways
It should be noted that many Banks and donor nations believe
by donor country decision-makers in reviewing loans. participating in this exercise along with Treasury, State, and
Here in the United States we have sought to achieve over the
past 18 years the goals of the National Environmental Policy Act.
review process which has proved to be a useful tool in agency
is that, done properly, the NEPA process does not dictate results
but rather assures full consideration of environmental issues and
a stage of decision-making early enough to be of
impacts, such the Federal Highway. Administration, the Forest Service, and the Army Corps of Engineers, have fully
into their project development and decision-making processes.
environmental impacts is a needed part of the MDB decision-making process.
However, we question whether NEPA, specifically, is
adaptable to the MDB process or, if it is, whether the U.S. can,
is the most comprehensive of these laws, although it is but one
Therefore, while we view aspects of NEPA
as desirable for
MDB decision-making, we suggest a pilot program rather than any
The ultimate U.S. objective is to ensure that MDBs implement
staffs in MDBS--providing advice, technical assistance, training,
and education on
the conduct of environmental analyses; and by
example, cooperatively conduct specific analyses similar to those
done by Federal agencies under NEPA, but without certain NEPA
Such a plan would offer environmental analyses to inform MDB
We stress that the suggested program will be an ineffective,
one-sided effort without coordination and a continuation of on
environmental review, but rather to promote the goal we all agree
factors as the MDB considers whether to finance a project.
under section 309 of the clean Air Act we are required to review
all major Federal actions--be they regulatory legislative, or
That concludes my prepared statement, Mr. Chairman.
be pleased to answer any questions the Subcommittee may have.
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