Enforcing industry codes of conduct : challenges and lessons from other sectors
Kiene, Werner
The International Finance Institutions and several bilateral private project financing institutions have accumulated considerable experience with regulating the acquisition of land induced by investment in various sectors such as dams, roads, mines, pipelines and parks. The process of this kind of land acquisition is guided by detailed norms and procedures to minimize potential harm to populations who have to change or give up the use of their land. It would make sense to capitalize on the 40 years of this experience in turning the recently established principles for largescale land acquisition into concrete guidelines. The paper explains the genesis of the norms and procedures established by the IFIs, describes the experience with enforcing them, draws lessons from that experience, and recommends actions to adapt this experience under conditions of an imperfect institutional environment.
Event: Annual Bank Conference on Land Policy and Administration
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