Independent Project Accountability Mechanism

IPAM is the independent accountability mechanism of the EBRD. IPAM reviews environmental, social and transparency-related issues raised by Project-affected people and civil society organisations about EBRD financed projects, which are believed to have caused harm. Our ultimate goal is to ensure that the Projects financed by the EBRD are implemented in line with the Bank's commitments to environmental and social sustainability. The purpose of the mechanism is to: Facilitate the resolution of disputes between Project-affected People, the Bank, and EBRD Clients Determine whether the Bank has complied with its Environmental and Social Policy and Access to Information Policy Share institutional learnings with Bank staff, where common challenges are identified, promoting continuous learning at EBRD Engage with stakeholders across countries of operation, to ensure IPAM’s purpose, functions and activities are known and understood by all stakeholders. IPAM’s work is guided by principles of independence and impartiality; transparency; predictability; equitability and accessibility.