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The Asian Development Bank is finally reviewing its Accountability Mechanism policy. The review is long due and must follow a process that is independent, transparent, and consults project affected communities and civil society organizations.

The African Development Bank has released the final version of its updated Integrated Safeguards System (ISS). If well implemented, the new safeguards could go a long way in preventing harm to communities. However, the policy still does not guarantee remedy for harms that do occur. 

Various transparency and accountability challenges arise when development finance institutions use financial intermediaries, such as national and regional banks, without proper safeguards.

When faced with clients who have repeatedly failed to uphold threshold social and environmental policies, MDBs must make clear that any new funding is contingent on actively protecting communities from facing the risk of repeating past harms.

Accountability Counsel, along with other civil society organizations, expresses alarm over a recent announcement by the World Bank Accountability Mechanism that its final operating procedures would not apply to all of its cases.

We are in year five of a groundbreaking remedy agreement in Haiti, and while significant progress has been made, critical gaps require more time and a concerted push to see the agreement’s implementation over the finish line.

This week, Accountability Counsel and several civil society partners in Asia submitted recommendations for the UN Working Group on Business and Human Rights’ forthcoming report on development finance institutions and human rights.

On February 21, IFC/MIGA published a “Proposed Approach to Remedial Action” that failed to introduce any meaningful changes to current policies. Strangely, the proposal also didn’t present any data to back up its claim that existing practices are sufficient for enabling remedy. This article analyzes publicly available data from cases to IFC/MICA’s accountability mechanism to determine that current practices are in fact inadequate and should be reformed.

Our extraordinary founder, Natalie Bridgeman Fields, has made the difficult decision to resign as Executive Director of Accountability Counsel. Natalie is a powerful force, and we will miss her inspiring, values-centered leadership and her relentless commitment to speak truth to power.

The OECD Guidelines for Multinational Enterprises have been a strong tool for promoting responsible business conduct and environmental, social, and human rights due diligence, but they are now due for an update to ensure alignment with international normative and legal instruments. In February 2023, Accountability Counsel submitted comments to urge updating the Guidelines to maintain their relevance and improve their effectiveness.

Accountability Counsel joins an alliance of civil society organizations to assert that a newly released proposal on remedial action by the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) falls short of expectations and fails to provide a comprehensive plan for delivering remedy to affected communities. If IFC…

This week, Publish What You Fund, launched its first DFI Transparency Index, the culmination of years of work to ensure that development finance institutions (DFIs) are transparent to stakeholders. The overwhelming conclusion of this year’s Index is that DFIs are largely not transparent, and this needs to improve. We have seen the devastating impacts of the lack of disclosure of information of DFI activities to affected communities and call on DFIs to respond to the Index by increasing their transparency and accountability to those most affected by their activities.

This year marks seven years of my work in the human rights space. Throughout these years, my work has been fulfilling in so many ways – and I have also struggled so much with regard to rest, recovery, and unplugging.

A confounding trend of institutional defensiveness against Independent Accountability Mechanisms means that every review of an IAM policy risks resulting in weakened rather than improved tools for accountability. With this in mind, Accountability Counsel and endorsing organizations wrote to the United Nations Development Programme’s Social and Environmental Compliance Unit to commend certain proposed updates to its operational guidelines, as well as to challenge fundamental issues that stand to undermine its effectiveness for communities and the UNDP alike.

As the first mechanism of its kind established by a Chinese industry association, the Responsible Critical Mineral Initiative’s new accountability mechanism has the potential to be a significant advancement in the corporate accountability landscape.

Accountability Counsel along with 15 other organizations and individuals submitted comments on the WWF’s new accountability framework aimed towards strengthening the independence, transparency, and credibility of the Ombudsperson Office.

In early December 2022, the World Bank Accountability Mechanism, which offers a dispute resolution process to address allegations of environmental and social harm, and the Inspection Panel, which determines the eligibility of cases and conducts compliance investigations into such harm, each published new operating procedures. Accountability Counsel, along with 56…

In this month’s edition of the Console Newsletter, Research Fellow Anthony Williams continues our series in understanding community harm through their article about labor issues in complaints to IAMs. Representing five percent of all complaints, labor issues raise concerns about violations of appropriate labor standards related to the project, including issues regarding compensation, workplace conditions, retaliation, and child or forced labor. 

Mediators are impartial third parties who help facilitate the dispute resolution process. Given the significant power imbalance between communities and bank clients, a mediator’s role in an IAM dispute resolution process is often critical to reaching an agreement.

Accountability Counsel led the International Advocates’ Working Group in coordinating CSO Day at the 19th annual meeting of the Independent Accountability Mechanism Network. Participants gathered in New York and virtually to discuss the continued evolution of accountability mechanisms in key areas, including monitoring, addressing reprisals, and facilitating remedy for project-affected communities.