Full Description
Multilateral development banks and other development agencies have adopted environmental and social safeguard policies setting due diligence standards for the provision of project finance. Such policies are evolving in terms of the activities covered and in their normative requirements. Recent iterations incorporate human rights requirements, recognising the imperative of adopting human rights-based approaches to development. Each institution has also established independent accountability mechanisms (IAM), variously functioning to ensure compliance with the applicable safeguards, to advise management regarding the application of the obligations involved, and to facilitate communication with affected communities and individuals with a view to resolving project-related disputes. IAMs are central to the implementation, interpretation, and ongoing elaboration of safeguard policies, and thus to the environmental and social good governance so essential for sustainable development.
This edited volume presents a series of in-depth examinations by leading experts from banking institutions, academia and civil society, of key aspects of the rapidly evolving practice of IAMs, and of the implications of such practice for environmental and social governance.
Contents
Preface
List of Figures and Tables
Notes on Contributors
1 Introduction
Owen McIntyre and Suresh Nanwani
2 Origin and Evolution of International Accountability Mechanisms
Richard E. Bissell
3 Independent Accountability Mechanisms as Agents of "Global Administrative Law"
Owen McIntyre
4 Addressing and Resolving Problem Projects through Independent Accountability Mechanisms and Other Avenues
Suresh Nanwani
5 Innovating Conflict Resolution Mechanisms for International Finance
Karen Wendt
6 Human Rights Standards in International Finance and Development: the Challenges Ahead
Mara Tignino
7 Evaluating the Access to Information Policies of the Multilateral Development Banks
Maeve McDonagh
8 The Independent Accountability Mechanisms and International Standards of Accountability
Susan Park
9 Comprehensive Methodologies to Facilitate Learning within the IAM Community of Practice
Andria Naudé Fourie
10 Interpretation and Application of the World Bank's Operational Policies and Bank Procedures Relating to Environmental Issues by the World Bank Inspection Panel
Wei-Chung Lin
11 Independent Accountability Mechanisms in Further Pursuit of Accountability: Directions, Cooperation and Engagement
Suresh Nanwani
12 Civil Society in the Independent Accountability Mechanism Community of Practice
Komala Ramachandra
13 Independent Accountability Mechanisms as Guardians of a Kaleidoscopic Legal Accountability
Vanessa Richard
14 Independent Accountability Mechanisms: Promotion of Standards, Good Governance and Accountability
Suresh Nanwani and Owen McIntyre
15 Conclusion
Owen McIntyre and Suresh Nanwani
Index
