• 16 June 2022

    How China’s new complaints procedures can prevent ‘green’ ESG investments from harming local communities

    By Margaux Day and Yaqian (Zelda) Liang, Accountability Counsel
    Guidelines now require Chinese banks and insurers to set up grievance mechanisms, which will allow affected communities to speak up – and investors to better address their risks.
  • 15 June 2022

    These Haitians Were Children When A US-Funded Project Evicted Them From Their Land. They Can’t Afford College.

    By Karla Zabludovsky
    The industrial park opened with big promises and big-name backers like Hillary Clinton and Sean Penn. But for the families evicted from their farmland, the development brought financial ruin.
  • 2 June 2022

    How ‘Greenwashing’ Cost a CEO His Job

    By Lauren Foster, Barron's
    Margaux Day, policy director at Accountability Counsel, says there has been a “culture of impunity” when it comes to mislabeling ESG investments. “Investors who are claiming to do ESG investments need to have accountability frameworks in place,” she says.
  • 25 May 2022

    CSO’s call on AfDB to implement policies to address their concerns

    By Ghana Business News
    A coalition of African civil society organisations have bemoaned the lack of engagement between the African Development Bank and Civil Society. According to them, even though the bank had many policies tailored to assisting CSO’s, their implementation has been poor over the years.
  • 18 May 2022

    Climate Finance Greenwashing Is Happening: We Have Tools to Prevent It, But Need Adoption At Scale

    By Natalie Bridgeman Fields, Accountability Counsel
    Greenwashing – money that purports to address climate change but doesn’t, or even does the opposite – is nefarious because it is easily hidden, and therefore hard for investors and the average climate conscious consumer to address. But community-driven accountability tools exist that can prevent greenwashing, and it’s urgent that investors demand that they become common practice in a hundred trillion dollar industry that is scaling up with private sector support to address our climate crisis.
  • 18 May 2022

    Opinion: UNOPS probe shows need for impact-investing accountability

    By Natalie Bridgeman Fields, Accountability Counsel
    The still developing scandal at the United Nations Office for Project Services highlights what many of us in the development finance and impact-investing sectors already know: A lack of accountability and good governance inevitably leads to systemic abuse.
  • 9 May 2022

    Clean Energy Mustn’t Scale at the Expense of the World’s Indigenous People

    By Rasha Rehman, Triple Pundit
    Investors and project planners must take cautionary measures when executing climate mitigation and clean energy projects to prevent adverse effects on Indigenous and other local communities, Accountability Counsel says. Yet during many of these projects’ planning phases, there is frequently a lack of local community engagement, a dearth of educational awareness and a failure to provide sufficient security.
  • 4 May 2022

    World Bank Reviews Alleged Abuses by Cambodian Microlenders

    By Gavin Finch and David Kocieniewski, Bloomberg
    The World Bank is reviewing a complaint by two Cambodian human rights groups alleging that microlenders backed by the development bank’s financing arm have engaged in predatory debt-collection practices, including pressuring borrowers to sell their land.
  • 27 April 2022

    Postgraduate Fellow Spotlight: Megan Pearson ’21

    By Yale Law School
    Megan Pearson ’21 reflects on her time so far as a Bernstein International Human Rights Fellow at Accountability Counsel’s Policy Team.
  • 29 March 2022

    Opinion: What development finance institutions don’t want you to know

    By Margaux Day, Accountability Counsel
    In spite of clear evidence, DFIs largely refuse to provide remedy for harm caused by their own projects. A recent report from the United Nations confirms that the state of remedy in development finance is lacking and that DFIs are not being held to account. It also sets out a road map for what DFIs need to do.
  • 14 March 2022

    Listening to community voices to combat ‘impact washing’ and promote good governance

    By Margaux Day, Accountability Counsel
    IMM standards are numerous and range from specific disclosures to high-level principles, but they largely attempt to achieve the same thing – accurate assessment of and reporting on an investment’s net impact on people and the planet. Community-informed IMM requires investors to put into place mechanisms to hear from communities and redress harm.
  • 25 February 2022

    Haitian farmers displaced by Caracol project still await compensation

    By Sam Bojarski, Haitian Times
    Three years ago, hundreds of farmers displaced by the Caracol Industrial Park forged an agreement with the Haitian government and Inter-American Development Bank (IDB) after years of demanding compensation. In exchange for relocating, the farmers affected were supposed to receive direct compensation in the form of jobs, and in some cases, new plots of land.
  • 24 February 2022

    As Haiti’s Caracol park grows, residents demand housing, roads, health care

    By Sam Bojarski, Haitian Times
    Local residents and their advocates say infrastructure improvements in the surrounding region should also take place along with growth inside the industrial park, which largely contains textile factory jobs.
  • 23 February 2022

    How an IDB land deal for Haiti’s farmers went wrong

    By Teresa Welsh, Devex
    Three years ago, a community in northeast Haiti was jubilant: They had reached a deal with the Haitian government and the Inter-American Development Bank to compensate for harms they suffered as a result of an IDB-financed industrial park that had seized their land for construction. But more than three years later, many families who were supposed to be compensated are still waiting.
  • 23 February 2022

    3 years on, Haitians displaced by IDB project await land compensation

    By Teresa Welsh, Devex
    Three years after the IDB and the Haitian government signed the binding agreement, many families still await compensation for the seizure of their land — even as the bank in November approved an additional $65 million for the park’s expansion.
  • 22 December 2021

    These MDB investments got our attention in 2021

    By Vince Chadwick and Shabtai Gold, Devex
    The World Bank is entering into a dispute resolution process over a major urban project — with a total expected cost of some $183 million — in Kampala, Uganda, that faced strong pushback from the local community.
  • 20 December 2021

    Op-Ed: African Development Bank Restructures Its Accountability Office: What Does this Mean for African Communities?

    By Stephanie Amoako, Accountability Counsel
    The African Development Bank recently updated its accountability office, the Independent Recourse Mechanism. What do these changes mean for communities seeking justice for harm stemming from the AfDB’s projects?
  • 16 December 2021

    Using Founder Sabbaticals as Organizational Reset

    By Natalie Bridgeman Fields, Accountability Counsel
    Founder sabbaticals are as important for the organization as for the well-being of the founder. But for a founder’s sabbatical to build organizational resilience, examine internal power dynamics, and prepare for the founder’s eventual (and inevitable) departure, organizations must plan for, resource, and require them.
  • 30 September 2021

    Promoting Access to Justice Through Community-led Approaches

    There are about 5 billion people globally whose justice needs are unmet, including those who cannot obtain justice for everyday problems, those who are excluded from opportunities the law provides, and those who live in extreme conditions of injustice. This article summarizes key takeaways from MCLD’s recent discussion on access to justice, featuring AC’s Stephanie Amoako.
  • 24 September 2021

    African Development Bank adopts new policy to strengthen accountability and support people affected by its operations

    By APO Group on behalf of African Development Bank Group
    The Board of Directors of the African Development Bank Group (www.AfDB.org) have approved a new policy framework for the Independent Recourse Mechanism (IRM) aimed at strengthening accountability and providing more effective recourse to people affected by Bank-financed operations.