Accountability Counsel advocates for independent, fair, transparent, accessible and effective accountability offices so that banks, corporations and institutions are held to the norms and standards to which they have agreed. In just over six years, we have positively influenced accountability policy at every major international financial institution and two U.S. agencies. Our policy work involves accountability mechanisms associated with the following institutions and initiatives:
- African Development Bank (AfDB)
- Asian Development Bank (ADB)
- European Bank for Reconstruction and Development (EBRD)
- European Investment Bank (EIB)
- Inter-American Development Bank (IDB)
- International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA)
- Green Climate Fund (GCF)
- OECD Guidelines for Multinational Enterprises
- UNDP’s Accountability Processes
- UN Advocacy
- The World Bank
- Australian Export Finance & Insurance Corporation’s CM
- Brazilian Development Bank’s (BNDES) Ombudsperson
- Export Development Canada (EDC)
- Canadian Office of the Extractive Sector’s CSR Counsellor
- Japan Bank for International Cooperation’s (JBIC) and the Japan International Cooperation Agency’s (JICA) EEG
- Nippon Export and Investment Insurance Examiner (NEXI)
- Netherlands Development Finance Company (FMO) and German Investment Corporation (DEG)
- U.S. Overseas Private Investment Corporation (OPIC)
- OECD National Contact Point of the US (US NCP)
- Export-Import Bank of the United States (Ex-Im Bank)
Private Sector Standards/ Corporate Accountability Principles
- Equator Principles
- Human Rights Policies for Private Banks
- Human Rights Reporting and Assurance Frameworks Initiative
- UN Guiding Principles on Business and Human Rights
For information about accountability mechanisms not currently covered by Accountability Counsel policy initiatives, please see our Accountability Resource Guide.
We regularly collect data regarding the policies and practices of the World’s accountability offices.
Accountability Counsel and 10 of its partners launched, “Glass Half Full? The State of Accountability in Development Finance” at the December 2015 annual meeting of the International Accountability Mechanisms in Paris. This ground-breaking report documents the obstacles that communities and workers must overcome in order to seek recourse from development finance institutions. The report shows data from 758 complaints since 1994 and assesses the extent to which these institutions and their accountability offices are equipped to meaningfully address these complaints. It finds that, even though complainants are better off than they would be in the absence of any complaint procedure, the outcome rarely provides adequate remedy for the harm that people have experienced. It sets forth a range of specific recommendations for improvement so that project-affected people receive the respect and remedy that they deserve. The report was publicly released in January 2016.
Previously, our publication Recent Trends in Accountability: Charting the Course of Complaint Offices, was presented at the annual meeting of the International Accountability Mechanisms in London in 2014.