Lessons for IDB's Strategy Review
In this month’s edition of the Console newsletter, Policy Fellow Brooke Behrmann looks at what can be learned from MICI complaints, to ensure the IDB’s Institutional Strategy for 2024-2030 prioritizes improving community impact. Through an examination of complaints and Console data, the IDB must learn to hear more cases of reported harm to understand the challenges its projects encounter, remediate harm to ensure sustainability of its new strategy, better predict and then prevent frequently raised harms to improve financing and enhance community participation to increase impact.
By Brooke Behrmann — Nov. 7, 2023
As the IDB Group embarks upon adopting a new Institutional Strategy, set to be released by April of 2024, 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.
Noteworthy updates on Bank and IAM policy and practice
In October, more than twenty organizations that support communities to bring complaints to IAMs sent a letter to the Independent Accountability Mechanism Network (IAMnet) expressing alarm over increasing threats to the independence of accountability mechanisms attached to international financial institutions.
Accountability Counsel joins 33 other organizations to demand accountability from the International Finance Corporation for allegations that it ignored and then tried to keep secret child sexual abuse at Bridge International Academies in Kenya.
The United Nations Accountability Mechanisms Network (UNAMnet), which aims to bring together and strengthen existing and nascent UN accountability offices, launched in October. The UNAMnet is a community of practice that enables collaboration and resource sharing focused on issues related to social and environmental accountability in UN-supported activity.