Public Development Banks can’t drag their feet when it comes to building a sustainable future
19 October 2022, Abidjan, Ivory Coast – A coalition of civil society organisations is demanding public development banks (PDBs) to take radical and innovative steps to tackle human rights violations and environmental destruction. No project funded by PDBs should come at the expenses of vulnerable groups, the environment and collective liberties, but should instead embody the voices of communities, democratic values and environmental justice.
Stephanie Amoako, Senior Policy Associate at Accountability Counsel, said, “PDBs must be accountable to the communities impacted by their projects. All PDBs need to have an effective accountability mechanism to address concerns with projects and should commit to preventing and fully remediating any harm to communities.”