11 August 2015

Inspection Panel Questions Role for Accountability in World Bank’s Draft Safeguard Policies

The World Bank’s own Inspection Panel released a statement yesterday questioning the role for accountability in light of the proposed changes to the World Bank’s safeguard policies.  As an example of a loophole the draft policy fails to close, the Panel offers Accountability Counsel’s case related to mining in Haiti, where because of the Bank’s use of a Bank Executed Trust Fund (BETF), the Bank claimed social and environmental rules did not apply.