• 11 April 2018

    Spring Meetings 2018 Preamble: Despite favourable growth trends, World Bank and IMF’s attempts to tackle debt and inequality remain elusive

    By Bretton Woods Project
    The potential perils of privileging the private sector were highlighted by a recent UK National Audit Office report on public-private partnerships (PPPs), which probed the fiscal cost of PPPs, and a December report by Belgium-based CSO Counter Balance, which stressed the social and environmental risks of the Bank’s push for mega-infrastructure projects. Indeed, Natalie Bridgeman Fields of US-based CSO Accountability Counsel argued in a February Devex op-ed that the Bank’s private-sector promotion, “will be a setup that harms the poor and vulnerable and widens the wealth and equity gap.”
  • 9 April 2018

    Community watches over creek’s turtles

    By Mexico News Daily
    In 2010, Grupo Comexhidro wanted to build a small hydroelectric power plant on Sal creek, and cleared a one-kilometer stretch of shoreline to do so. But according to residents of Santa Úrsula the company did not consult with them and little information regarding the project was made public. With the support of several non-governmental organizations, including the international Accountability Counsel, residents halted the project.
  • 9 March 2018

    What a new U.S. development finance institution needs to succeed

    By Kindra Mohr & Brian McWalters, Accountability Counsel, in Devex
    Last week, a bipartisan group of senators and representatives introduced the Better Utilization of Investment Leading to Development (BUILD) Act, which, if enacted, would create a new agency called the United States International Development Finance Corporation. The IDFC would absorb the Overseas Private Investment Corporation — the U.S. development finance institution that encourages American businesses to invest in developing countries by providing businesses with loans or insurance — as well as several functions currently performed by the U.S. Agency for International Development. The bill could likely receive White House support as the administration similarly called for a new DFI in its 2019 budget proposal.
  • 1 March 2018

    Support for new US development finance bill, even as some details are questioned

    By Adva Saldinger, Devex
    The bipartisan bill introduced Tuesday proposing the creation of a new United States development finance corporation could be a landmark piece of legislation, altering the U.S. development landscape for years or decades to come. The new DFC needs strong environmental and social policies and a strong accountability mechanism, said Stephanie Amoako, a policy associate at Accountability Counsel. The legislation should make clear whether OPIC’s office of accountability will continue as the mechanism for registering grievances or whether a new independent accountability mechanism will be created according to international best practices, she said.
  • 21 February 2018

    World Bank refinancing of Uganda’s Bujagali hydropower scheme under the spotlight

    By Sophie Edwards, Devex
    “The request for refinancing presents an important opportunity to finally achieve resolution on a number of these outstanding issues … we urge the World Bank Group to take this important opportunity to demonstrate its commitment to accountability and ensure access to remedy for project-affected peoples,” said a letter sent to World Bank chiefs earlier this month which was signed by more than 20 local and international NGOs, including the Accountability Counsel, Bank Information Center, Bretton Woods Project, Friends of the Earth US, and International Rivers.
  • 20 February 2018

    Jim Kim’s World Bank is a setup for the poor

    By Natalie Bridgeman Fields, Accountability Counsel, in Devex
    Addressing harm caused by bank projects, promoting inclusion of vulnerable groups, and ensuring accountability should be Kim’s most urgent priority. Once these fundamental problems are addressed, the bank can better meet its own objectives and deliver value to the private sector as it too looks to create impact.
  • 3 February 2018

    China Moves Toward Accountability for Overseas Financing

    By Natalie Bridgeman Fields, Accountability Counsel, in The Diplomat
    As the U.S. government retreats from leadership on climate, the Chinese are stepping up, both with new “green” policies and a leading role in finance, at home and abroad. This shift has notable implications for the millions of people affected by Chinese overseas investment in dams, mines, and pipelines.
  • 31 January 2018

    The Human Rights Ripple Effect

    By New Media Advocacy Project
    Human rights successes are hard-won, require the coordinated efforts of many people working in solidarity — often across backgrounds, sectors, and even international borders—and are often overlooked by mainstream media, which focuses on the disastrous here, now, and clickable.
  • 4 January 2018

    A critical look at the IFC’s new incentives framework

    By Emily Gabor, Accountability Counsel, in Devex
    To help staff make better decisions, the International Finance Corporation is introducing a new incentives framework, which will reward achievements in development outcomes. The new framework may be a welcome step, but the World Bank Group, which includes the IFC, has said incentives will reward staff on their ability to mobilize private sector funding. It’s critical that the IFC include in their rewards scheme recognition of staff that respect human rights.
  • 29 November 2017

    Nimble Fingers, Stifled Voices

    By Accountability Counsel for the International Labor Rights Forum
    Is a World Bank funded project stifling agency and voices of its female employees? As diplomats, civil society organizations, governments and businesses gather in Geneva to talk about the role of business to respect and protect human rights, a company – backed by the World Bank – is failing at both. Amalgamated Plantations Private Limited (APPL), the second largest producer and supplier of tea in India, is a joint venture of the Tata Group and the World Bank’s private sector side, the International Finance Corporation (IFC).
  • 27 November 2017

    From Geneva to Guwahati: demanding fair wages for Assam’s tea workers

    By Anirudha Nagar, Accountability Counsel, & Jayshree Satput, Nazdeek, in openDemocracy
    On 27 November, throngs of people attended the first day of the UN Forum on Business and Human Rights in Geneva, Switzerland. The three-day forum will see participants from business, government, and civil society have heated debates – over hot cups of tea and coffee – on how to protect human rights in a business context.
  • 29 September 2017

    Deafening noise from flights over Fontibón in Bogotá, Colombia. Something went wrong with the IDB

    By Lani Inverarity, Accountability Counsel, in openDemocracy
    The Inter-American Development Bank (IDB) describes itself as a champion of integrity and transparency, working with its Latin American and the Caribbean member countries to strengthen governance and rule of law at local and national levels. As a public institution committed to sustainable development, it has endorsed the principle that “environmental issues are best handled with the participation of all concerned citizens.” However, as the residents of Fontibón, a neighborhood in Bogotá, Colombia, recently learned, the bank does not universally apply these standards to its own activities.
  • 15 September 2017

    Demystifying the Theory of Change Process

    By Kathleen Kelly Janus, Board Chair, Accountability Counsel, in the Stanford Social Innovation Review
    The idea that nonprofits should develop a theory of change has been widely embraced in recent years, and funders have helped drive the momentum. In fact, many funders now require that nonprofits submit a theory of change document with grant requests for all the reasons Paul Brest outlined in his seminal article, “The Power of Theories of Change.”
  • 13 September 2017

    Are Multilateral Development Banks Respecting the Rights of Indigenous Peoples in Development?

    By Stephanie Amoako, Accountability Counsel, for EarthRights International
    This month marks the 10th anniversary of the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP). This landmark international document, though imperfect, contains important provisions for countries to protect the right of Indigenous Peoples to freely pursue their economic, social, and cultural development.
  • 29 August 2017

    Human Rights Activists Want More Workers to Participate in Meeting

    By the Indian Express
    Kolkata – Ahead of the annual general meetings of Amalgamated Plantations Private Limited (AAPL) a Tata and World Bank owned tea company that runs 25 tea estates in Assam and Bengal – to be held in Kolkata on Tuesday a group of human rights activists have called for more participation of tea workers.
  • 9 August 2017

    How a group of Mongolian herders took on a mining giant — and won

    By Sophie Edwards, Devex
    Tending camels in the Gobi desert — moving them to fresh grazing pastures in the spring and summer, and to shelter in the winter — has been a way of life for families in Mongolia for thousands of years. But cycles of freezing winters and dry summers — a natural phenomenon which the herders call the “dzud” — are ravaging the already inhospitable terrain with increasing frequency as a result of climate change, leaving millions of livestock dead from cold or starvation.
  • 9 August 2017

    Fostering trust in World Bank trust funds through accountability

    By Caitlin Daniel, Accountability Counsel, in The Hill
    In July, the House Financial Services Committee moved a bill containing reforms to foster accountability at the World Bank, where the United States is the largest shareholder. The bill concerns the United States’ contribution to the International Development Association, through which the World Bank makes loans to poor countries.  
  • 3 August 2017

    Recap of the OECD Forum on Responsible Business: Good consultation cuts risk to business

    By Kindra Mohr, Accountability Counsel, for the Business & Human Rights Resource Centre
    Multinational businesses operate across a spectrum of regulatory environments and in diverse community settings. Failure to consult these communities and respect their rights in core operations can prove costly for international investors, the companies in which they invest and multinational corporations. Companies can save money and time and curb reputational risk by ensuring that human rights are an integrated part of their operations and investor due diligence.
  • 26 June 2017

    Mongolian herders ink historic agreement with Oyu Tolgoi mine, government

    By Accountability Counsel, in MINING.com
    A community of traditional nomadic herders has reached an historic set of agreements with Oyu Tolgoi LLC (OT), a Rio Tinto copper and gold mine, and the local government to resolve complaints the herders had related to the mine’s impact on the community and its herds. While these agreements do not resolve all negative impacts of the mine, the commitments, which include strategies to improve water access, to mitigate fractured pasturelands, and to support and diversify the economic activities of the community, represent a significant step forward for the herders. The agreement was negotiated with the help of the Office of the Compliance Advisor/ Ombudsman(CAO) at the International Finance Corporation (IFC), which is an investor in Oyu Tolgoi.
  • 15 June 2017

    This lawyer helps Mongolian herders and Indian tea farmers fight injustice

    By Larisa Epatko, PBS News Hour
    In Peru, communities felt they were being harmed by an oil company. In Mexico, people were dealing with the effects of a hydroelectric project. Those were the first cases lawyer Natalie Bridgeman Fields took, helping communities seeking compensation from large-scale developers.