AIIB updates grievance rules, winning cautious civil society optimism

The Asian Infrastructure Investment Bank, or AIIB, has rolled out a revised version of its accountability and grievance mechanism, introducing modest changes that civil society groups say mark progress — but still fall short of ensuring communities harmed by projects can meaningfully access restitution.

The update, which took effect on Jan. 1, amends the rules governing how people impacted by AIIB initiatives can bring complaints to the bank’s project-affected people’s mechanism, or PPM. The reform follows years of criticism that the system is largely inaccessible: Since AIIB began operations in 2016, not a single complaint has been found eligible by the mechanism

Read the full article from Devex here.