Ch. 1. The Worldwide Trend toward Privatization and What It Means for the Environment -- Ch. 2. Making the Most of Privatization - Capturing Environmental Opportunities -- Ch. 3. The World Bank's Experience in Improving the Environmental Record of Privatization -- Ch. 4. Lessons and Conclusions -- App. A. Azerbaijan - The Promise and Drawbacks of an Economy of Natural Resources -- App. B. Bulgaria - Addressing Environmental Liabilities to Facilitate Privatization -- App. C. Germany's Treuhandanstalt - Environmental Assessment as an Integral Element in Privatization -- App. D. Kazakhstan- A Legacy of Pollution -- App. E. Malaysia - Ups and Downs of a Privatization in the Sanitation Sector -- App. F. Mexico - Spelling Out Environmental Provisions in a Steel Industry Privatization -- App. G. Providing Environmental Infrastructure Services - Options for Private Involvement.