We recognize that our partner countries have primary responsibility for assessing and managing the environmental and social implications of MCC-funded projects but will provide appropriate guidance, tools and assistance and, where necessary, help strengthen institutional capacity and policies to ensure this responsibility is carried out effectively and in accordance with MCC requirements.
We recognize that people’s livelihoods and well-being depend on reliable and equitable access to natural resources and will help partner countries strengthen their capacity to preserve and enhance ecosystem functions and natural wealth that are vital to achieving long-term poverty reduction and development outcomes, and help communities build resilience to environmental stressors such as climate change, water scarcity and natural disasters.
We are committed to working with partner countries and within country systems to improve the environmental and social performance of compact activities and to effectively manage risks to improve project outcomes and delivery of project benefits. Among other ways, this is achieved by incorporating cost-effective, technically and economically viable, measures into projects that can promote energy efficiency, improve water resource management, support less carbon intensive land use practices, improve institutional capacity for environmental management, and help protect worker and public health and safety.
We strive to foster a shared commitment to these goals and the fundamental principles of sustainable development through early, consistent and constructive engagement with country counterparts and other stakeholders and by supporting compacts that address long-term environmental, social and development priorities of the partner country and the region.
Climate changes poses potential risks to the economic development of MCC partner countries and can adversely impact the effectiveness and sustainability of MCC investments. Climate change constitutes an environmental and social stressor that is important to consider in achieving cost effective and sustainable development outcomes. MCC is committed to helping our partner countries achieve climate resilient, low carbon economic development where it is both consistent with MCC’s core mission of reducing poverty through economic growth and economically and technically feasible.