Blog
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9 December 2018
Haitian Farmers Reach Historic Agreement With Development Bank and Government to Address Harm from Post-Earthquake Project
Caracol, Haiti — On December 8, 2018, hundreds of Haitian farmers and their families, representing nearly 4,000 people, reached an historic, negotiated agreement with their government and a development bank concerning the taking of their farmland for the Caracol Industrial Park in 2011. The agreement provides for remedial support with a… -
6 December 2018
Accountability Counsel Submits Joint Letter to UNDP Administrator
Accountability Counsel and 22 partner organizations sent a letter today to United Nations Development Programme (UNDP) Administrator Mr. Achim Steiner. Our joint letter requests Mr. Steiner’s expeditious review of social and environmental complaints stemming from UNDP activities. It calls upon UNDP to provide remedy to project-affected communities in an efficient and timely manner. -
4 December 2018
Accountability Counsel Calls upon Governments and Development Banks to Safeguard Human Rights Defenders
Human Rights Defenders are a Cornerstone of Sustainable Development. Together with over 200 groups around the world, Accountability Counsel calls upon governments and development banks to safeguard human rights defenders. -
15 November 2018
Will the Long-Awaited Bypass Road Pave the Way to Reconciliation?
Villagers in rural Olyanytsya, in central Ukraine, are hopeful that village life is about to become a lot more bearable. After putting up with intense heavy vehicle traffic from the industrial farming operations of agro-giant Mironivsky Hliboproduct (MHP) for years, the company has finally finished building a bypass road to divert traffic around residential areas. -
14 November 2018
Accountability in Development Finance this Week in D.C.
This week, Accountability Counsel’s team is in full swing with a packed agenda in Washington, D.C., with a host of events centered around development finance institutions and their independent accountability mechanisms (IAMs). As our work shows, IAMs are crucial as they can provide access to remedy for individuals and communities who have been harmed by internationally financed activities. -
13 November 2018
Press Release: EIB to Weaken Accountability Mechanism, Despite Civil Society Criticism
(Brussels, November 13, 2018) – In a step backwards for the EU bank’s transparency and accountability, the Board of Directors of the European Investment Bank (EIB) has approved a controversial new policy of its Complaints Mechanism, a move that will take the bank further away from the communities affected by its operations – say NGOs. -
1 November 2018
What Jam v. IFC Should Mean to Accountability at the World Bank Group
Yesterday, the United States Supreme Court heard oral arguments in Jam v. International Finance Corporation, a landmark case challenging the World Bank Group’s claim to immunity in a lawsuit brought by Gujarati fishing communities and their lawyers at EarthRights International. As the Supreme Court deliberates, the International Finance Corporation (IFC) is claiming that because the IFC has its own “robust internal accountability mechanism,” it does not need to be sued. This internal mechanism is the Compliance Advisor Ombudsman (CAO). -
30 October 2018
Ramanie Kunanayagam Appointed as Inspection Panel’s Newest Member
Today, the World Bank Inspection Panel announced that Ramanie Kunanayagam will be the newest member of the Inspection Panel. As advocates for people who seek justice through independent accountability mechanisms, Accountability Counsel welcomes Kunanayagam into her new role. -
22 October 2018
Press Release: World Bank expert’s report says lack of community participation causing conflicts in Nepal’s energy sector
WASHINGTON DC, U.S.A – Monday, October 22, 2018 The World Bank finally released a report by international dispute-resolution expert, the Consensus Building Institute (CBI) late last week. The CBI report sheds new light on ways to prevent the “proliferation of conflicts” that had been occurring in Nepal between local communities… -
19 October 2018
Repression of Civil Society at the World Bank Annual Meetings
During the 2018 World Bank Group annual meetings in Bali last week, Indonesian authorities forcibly shut down civil society convenings that have, for decades, met alongside the Annual Meetings. -
18 October 2018
Shuen Quek Joins Accountability Counsel’s Team
Accountability Counsel welcomes Shuen Quek as our first Communications Fellow. In this new role, Shuen will support our teams’ strategic media to strengthen Accountability Counsel’s community cases, policy advocacy, and research initiatives. -
16 October 2018
IFC Impact Investing Principles
The IFC recently released the Operating Principles for Impact Management (the Principles), a set of impact investing standards developed by asset owners, managers, and other industry experts. These Principles mark an important first step toward institutionalizing a uniform set of standards that impact investors of all sizes can reference when making investment decisions. They provide investors with guidance on how to manage investments so that they contribute to measurable positive social, economic, or environmental impact, while simultaneously generating financial returns. Investors may apply the Principles to their entire portfolio, or in the case of institutions that also engage in non-impact transactions, a smaller subset therein. -
15 October 2018
Press Release: U.S. Treasury Secretary Mnuchin Calls for Increasing Accountability at the World Bank Group
(Washington, D.C., October 15, 2018) – Accountability Counsel, Bank Information Center (BIC), and the Center for International Environmental Law (CIEL) welcome the statement from U.S. Treasury Secretary Steven T. Mnuchin supporting many of the key advances we have been seeking with regard to accountability at the World Bank Group. -
15 October 2018
Equator Principles Annual Meeting and EP IV Review
This week, the Equator Principle Association (EPA) is holding its annual meeting in Washington, D.C. Member banks will deliberate proposed updates to the Principles as part of the Equator Principles IV Review (EP IV). The focus of the review covers four thematic areas: (1) social impact and human rights; (2) the scope of applicability of the Equator Principles (EPs); (3) climate change; and (4) the use of “designated countries” to determine where the EPs should apply. -
10 October 2018
European Investment Bank Complaints Mechanism Policy Not Approved
Accountability Counsel is pleased to report that, on October 9, 2018, the Board of Directors of the European Investment Bank (EIB) refrained from approving a problematic new policy for its Complaints Mechanism (CM). Rather than strengthen the CM – as Accountability Counsel and 24 partner CSOs called for in 2017 – the proposed policy would have further undermined the CM’s independence and hindered local communities’ ability to seek meaningful redress for environmental and social harms. -
8 October 2018
Accountability Counsel is in Nairobi for the ACCA General Assembly
Accountability Counsel’s Stephanie Amoako will be in Nairobi this week for the annual African Coalition for Corporate Accountability (ACCA) General Assembly (GA). -
8 October 2018
Press Release: Communities in Nepal Request European Investment Bank Complaints Office for Mediation
On October 8, 2018, communities affected by the European Union funded 220 kV Marsyangdi Corridor transmission line have filed a complaint with the Complaints Mechanism, the European Investment Bank’s independent watchdog and mediation office in Luxembourg. -
5 October 2018
In their own voice: why access to information matters to communities
Last week, on the International Day for the Universal Access to Information (28 Sept. 2018), 30 civil society organizations wrote to the private sector arm of the Inter-American Development Bank (IDB Invest), demanding that it provide safe, timely and accessible information to communities about the projects it finances. Comunidades Unidas – a community organization based in Bogotá – has direct experience with the innumerable obstacles facing communities who try to access that information under existing bank policies. Gloria Molina, the director of Comunidades Unidas, writes: -
4 October 2018
BUILD Act Creates New U.S. Development Finance Institution
On October 3, 2018, the U.S. Senate passed the Federal Aviation Administration Reauthorization Act of 2018, which includes the Better Utilization of Investments Leading to Development Act (BUILD Act). Passed in the House last week, the legislation now awaits the president’s signature. The BUILD Act creates a new development finance institution for the United States, subsuming the Overseas Private Investment Corporation and some United States Agency for International Development functions. Since the legislation was first introduced in February 2018, Accountability Counsel and partners have worked hard to ensure that the legislation required the new agency, the U.S. International Development Finance Corporation (USDFC), to have strong environmental and social practices as well as accountability. From years of experience working with communities negatively impacted by internationally financed projects, we know that sustainable development is impossible without these pillars. -
1 October 2018
Comments on the Review of the Inspection Panel’s “Toolkit”
On September 30, Accountability Counsel submitted joint comments to the World Bank Board of Directors on the review of the Inspection Panel’s “toolkit.” Our comments address seven issues flagged by the Bank’s notice.