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In the News

  • 21 June 2024

    Proper EBRD policies can avoid further disgrace in Ukraine and elsewhere

    By Alexandre Andrade Sampaio and Caitlin Daniel, Accountability Counsel
    As the EBRD looks to the year ahead, we urge the bank to take this opportunity to reframe its policies with human and environmental rights at their core.
  • 20 June 2024

    Accountability mechanisms gave people and communities the right to contest harmful development projects, but challenges remain

    By Charles Stewart Mott Foundation
    In Oaxaca, Mexico, members of the Indigenous Chinanteco community used a dispute resolution process to prevent construction of a hydroelectric dam that would have cut off access to a culturally important spring.
  • 14 May 2024

    Give and Take: Independent Accountability Mechanisms and their Relationship to Transnational Law

    By Ishita Chakrabarty and Radhika Goyal, Accountability Counsel
    Independent accountability mechanisms are a necessity in the field of international development finance where investments have far reaching consequences on the environmental, social, and human rights of already marginalized communities and domestic legal avenues to seek redress remain effectively shut.
  • 2 May 2024

    Road to Reprisal: U.S. Agency Fired Congo Whistleblower

    By Nick Schwellenbach, Project on Government Oversight
    Retaliation claims highlight human rights and environmental risks and tensions in an agency at the forefront of U.S.-China rivalry in Africa.
  • 29 April 2024

    The World Bank Can’t Move Forward Without a Thorough Investigation Into the Bridge Academies Cover-Up

    By Stephanie Amoako, Accountability Counsel
    This investigation needs to be a priority for the bank. We cannot trust the IFC to be a responsible investor that deserves more money from donors until this investigation is complete and concrete recommendations are made to prevent something like this from occurring again.
  • 12 April 2024

    Why IFC resists directly compensating people harmed by its projects

    By Sophie Edwards, Devex
    After the Bridge sexual abuse scandal, advocates clamored for the International Finance Corporation to compensate victims. But some experts say it’s not that simple.
  • 10 April 2024

    Civil society representatives make their voices heard at the IDB Group Annual Meetings

    By Coalition for Human Rights in Development
    Representatives of around 30 environmental and human rights organizations and affected communities from Latin America participated in the Annual Meetings of the Inter-American Development Bank (IDB) and IDB Invest.
  • 9 April 2024

    “We are seeking community-led accountability:” Interview with Accountability Counsel’s Margaux Day

    By Jennine Meyer, Accountability Matters
    A lawyer and a well-known figure in the field of accountability, Margaux Day became Accountability Counsel’s Executive Director in February 2024. She is now charting an ambitious course to fulfill Accountability Counsel’s aim to advocate for people harmed by internationally financed projects as they seek justice.
  • 26 March 2024

    US DFC calls for probe of Bridge schools investment

    By Adva Saldinger, Devex
    The inquiry comes after the International Finance Corporation’s internal watchdog investigation into reports of sexual abuse at Bridge schools found that the World Bank’s private sector arm had failed on multiple counts.
  • 26 March 2024

    U.S. updates ‘action plan’ for responsible business conduct across supply chains

    By World Trade Online
    The Biden administration will take additional steps to encourage businesses to address negative impacts of their supply chain operations and footprints abroad, including those involving human and labor rights and the environment, according to a new plan published on Monday.
  • 15 March 2024

    World Bank’s Banga apologizes to kids sexually abused at Bridge schools

    By Sophie Edwards, Devex
    In an email to staff, the bank’s leader admitted failings at its private-sector arm, which invested in the schools, but stopped short of offering financial compensation to alleged victims of sex abuse.
  • 14 March 2024

    World Bank Chief Apologizes to Staff for Handling of Child Sex Abuse Scandal

    By Ryan Grim, The Intercept
    The IFC proposed a remedial plan Thursday. Civil society groups have been quick to condemn the plan as inadequate.
  • 27 February 2024

    The European Investment Bank is not a leader in the green transition

    By Sutharee Wannasiri, Accountability Counsel
    As president, at a minimum, Calviño must commit to consulting people impacted by EIB projects as part of their design and either ensuring or providing remedies for negative environmental and social impacts of its investments.
  • 26 February 2024

    One key move that will boost corporate sustainability

    By Gregory Berry, Accountability Counsel
    An efficient mechanism for hearing complaints and redressing grievances is a powerful tool for governance and human rights due diligence.
  • 17 February 2024

    AIIB must give local communities a voice in development projects

    By Radhika Goyal, Accountability Counsel
    Despite the perception of multilateral development banks as forces of good, the evidence shows that they do actually cause harm.
  • 11 February 2024

    Rio Tinto wrangles investors over water contamination claims

    By Melanie Burton, Reuters
    Civil society group Accountability Counsel, which works with Mongolian herders, told Reuters that some livestock became ill and died after mine operations began, which herders blame on worsening water quality.
  • 25 January 2024

    EBRD under pressure over human rights complaints

    By Rob Merrick, Devex
    The European Bank for Reconstruction and Development is under pressure to improve protections for workers, citizens, and the environment when investing in countries with questionable human rights records.
  • 2 January 2024

    In a first, IFC settles lawsuit with Honduran farmers

    By Adva Saldinger, Devex
    This settlement comes at a time when IFC is adopting a new approach to remedial action which will govern what happens when something goes wrong with its investments.
  • 21 December 2023

    Honduran farmers, IFC settle suit alleging violence linked to investment

    By Adva Saldinger, Devex
    A group of farmers has reached a settlement with the World Bank’s private sector arm in a class action lawsuit that alleges that a company it backed for investment tortured, harassed, and killed members of the Bajo Aguán community in Honduras.
  • 13 December 2023

    A proposal for Ajay: No evolution without remedy

    By Margaux Day, Accountability Counsel, and David Pred, Inclusive Development International
    We can accept that the Bank must evolve and that “ending poverty on a livable planet” requires bold actions. In return, we ask that the Bank accept and bear the risks of those actions.
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