The document discusses the World Bank's environmental strategy for East Asia and the Pacific. It outlines the Bank's safeguard policies for integrating environmental and social risks into development projects to promote sustainable development. The key messages are that effective implementation of these safeguard policies gives the Bank a "license to operate" and influences its ability to mobilize support and funding. The strategy has three pillars - improving quality of life, enhancing sustainable growth, and protecting regional/global commons - which are consistent with the Bank's overall environmental strategy.