• 19 December 2023

    The EU’s Corporate Sustainability Due Diligence Directive – One More Step Towards Fully Accountable Finance

    By Gregory Berry, Accountability Counsel
    While many are rightly disappointed about the favoritism afforded to the financial sector under the European Union’s forthcoming Corporate Sustainability Due Diligence Directive, all is not lost. Exemption under the law does not absolve the financial sector’s responsibility for environmental and human rights impacts directly caused or enabled by their activities. Even if financial institutions are not yet subject to full liability, they can still be held accountable.
  • 18 December 2023

    Congress Calls out DFC on Employee Mistreatment

    By Accountability Counsel
    Last week, Congressional Labor Caucus co-chairs, Donald Norcross (D-NJ), Debbie Dingell (D-MI), Steven Horsford (D-NV), and Mark Pocan (D-WI) called on U.S. International Development Finance Corporation (DFC) CEO Scott Nathan to address allegations of retaliation against DFC employees for whistleblowing and labor organizing. Retaliation against whistleblowers at the DFC is…
  • 6 December 2023

    The World Bank’s response to sexual abuse should shake donors’ confidence

    By Margaux Day, Accountability Counsel
    The IFC’s inability to take responsibility for a crisis of its own making comes at a time when the World Bank is asking shareholder governments to trust it more.
  • 5 December 2023

    Climate Finance: Is it doing more harm than good?

    By Lama Almoayed, Accountability Counsel
    With COP28 underway this week, our attention turns to financial institutions and their role in the climate crisis, prompting questions about the effectiveness of climate finance and emphasizing the pressing need for strengthened accountability and meaningful remedy.
  • 8 November 2023

    Accountability Counsel: Ceasefire in Gaza

    By Accountability Counsel
    Accountability Counsel joins hundreds of organizations calling for an immediate ceasefire in Gaza.
  • 7 November 2023

    How Lessons from MICI Cases Can Inform IDB’s Strategy Review

    By Brooke Behrmann, Accountability Counsel
    As the IDB Group embarks upon adopting a new Institutional Strategy, the IDB should learn lessons from its independent accountability mechanism to ensure that its new seven-year strategy prioritizes improving community impact in addition to focusing on growth.
  • 19 October 2023

    Demanding Accountability: Joint Statement in Response to Reports of a Child Sexual Abuse Cover Up at the World Bank

    By 32 Civil Society Organizations
    Responding to disturbing and devastating reports of efforts to cover up child sexual abuse tied to a World Bank Group investment in Kenya, 32 civil society organizations are demanding transparency and justice.
  • 3 October 2023

    The True Role of Project Contractors: The influence of corporations in World Bank lending and complaints

    By Irmak Ersoz, Accountability Counsel
    Private sector involvement in multilateral development bank (MDB) projects, both in terms of investment and implementation, undeniably affects the implementation of a project, influencing banks’ adherence to their own policies.
  • 2 October 2023

    CSOs Call for the Defense of the Independence of IFI Accountability Mechanisms

    By Accountability Counsel
    Independence is crucial to the effectiveness of accountability mechanisms at international financial institutions, development agencies, and other institutions. In light of recent threats, 26 civil society organizations sent a letter to the Independent Accountability Mechanisms network (IAMnet) with a call to protect the independence of IAMnet’s members.
  • 26 September 2023

    World’s newest multilateral development bank lagging on accountability

    By Radhika Goyal, Accountability Counsel, Kate Geary, Recourse, and Natalie Bugalski, Inclusive Development International
    As the Asian Infrastructure Investment Bank (AIIB) meets today for its first in-person annual meeting in four years, civil society groups are questioning the bank’s track record on accountability.
  • 12 September 2023

    For Public Development Banks to Effectively Address the World’s Crises, They Have to Be Accountable

    By Stephanie Amoako, Accountability Counsel
    Last week, hundreds of public development banks met in Cartagena, Colombia for the 4th annual Finance in Common summit to discuss how PDBs can advance the Sustainable Development Goals and address climate change and other global crises. This FIC summit proposed to develop “concrete actions to make finance more sustainable, equitable, and inclusive,” yet the conversations largely left out the very people most affected by its members’ financing – local communities.
  • 5 September 2023

    Why Can’t We Compare Complaints?

    By Samer Araabi, Accountability Counsel
    The lack of a shared “complaint vocabulary” across the various IAMs hampers community comprehension, broader public engagement, and system-wide analysis. As the number of complaints grows, so does the need for a standardized method to assess, categorize, and report complaints.
  • 7 August 2023

    Making IAMs Accessible for All Communities

    By Sara Jaramillo, Accountability Counsel
    Civil society organizations play a crucial role in supporting communities throughout, and improving the accessibility of IAM complaint processes. Insights from preliminary research on this topic show the impact representation can have on the success of a complaint, and identify potential policy changes to make IAMs more accessible for communities.
  • 25 July 2023

    The World Bank Group’s Conscious Evolution Must Also Be Conscientious: The Imperative for Responsible and Rights-based Climate Finance.

    By Gregory Berry, Accountability Counsel
    The World Bank Group is evolving its mission to confront a “crisis of development” precipitated by climate change, biodiversity loss, pandemic risks, rising fragility and conflict, and global economic distress. By its very definition, the Evolution Roadmap it has offered for public consultation is evidence enough that this is intended to be a conscious evolution. But as it vies to lead on climate finance, its crisis of accountability jeopardizes a just and inclusive transition that leaves no one behind, especially those it aims to serve. Accountability Counsel, supported by 22 civil society organizations from across the globe, have presented the bank with an Evolution to Accountability Roadmap, outlining necessary reforms to govern its evolution and ensure that communities impacted by WBG financing remain at the center of its broadened mission.
  • 20 July 2023

    CSOs Publish New Community Guide on Engaging with the African Development Bank

    By Accountability Counsel
    Members of the CSO Working Group on the African Development Bank (AfDB) recently published Understanding the AfDB: A Guide for CSOs and Communities. We hope that this toolkit will help civil society organizations and communities effectively engage in the AfDB’s activities and hold the bank accountable to its development mission and for the impacts of its projects.
  • 3 July 2023

    A New Decade of Complaints

    By Samer Araabi, Accountability Counsel
    The Console now includes all complaint data though 2022. Has anything substantively changed since January 2020?
  • 19 June 2023

    A Guide to a New Grievance Mechanism for the Mining Industry, with Emphasis on Chinese Corporations

    By Accountability Counsel & Inclusive Development International
    As of May 2023, people impacted by the mining industry have a new forum to raise environmental and social concerns. The new mechanism, called the Mediation and Consultation Mechanism for the Mining Industry and Mineral Value Chain, is also the first grievance mechanism applicable to many Chinese corporations engaged in…
  • 18 June 2023

    For Ugandan Communities, There Is Resolution, But Not Yet Justice

    By Robi Chacha Mosenda, Accountability Counsel
    In recent days, Ugandan communities signed an agreement in defense of their community, their land, and their livelihoods. The Kawaala community has faced agonizing threats to their wellbeing and livelihoods since the Government sought to evict them at the height of the pandemic. With our support, those communities fought for safety and just compensation, culminating in the agreement signed with the Kampala Capital City Authority.
  • 7 June 2023

    Promising Commitments to Accountability from European Parliament for the EU Corporate Sustainability Due Diligence Directive

    By Gregory Berry, Accountability Counsel
    At last, the European Parliament has approved its negotiating position on the EU Corporate Sustainability Due Diligence Directive, completing an important step toward ensuring that corporate actors across all sectors of the economy, from finance to extraction, production, and distribution, operate with respect for human rights and planetary ecology. Read more about several notable improvements that stand to make the final law successful.
  • 5 June 2023

    “Water is Our Gold”: Lessons from a Community Struggle in Armenia

    By Lama Almoayed, Accountability Counsel
    As the EBRD reviews its Environmental and Social Policy, the case of the controversial Amulsar gold mine project in Armenia presents valuable lessons that can shape future policies.