Article
Bank Accountability Redux: The Campaign for Compliance and Appeal Mechanisms at the European Development Banks
Now citizens’ groups in Eastern Europe, such as CEE Bankwatch Network and Friends of the Earth, have started to demand that the EU representatives to these banks establish mechanisms to allow citizens to voice concerns in cases where they are negatively affected by projects financed by the publicly owned banks. They are also seeking mechanisms to hold those institutions accountable to their own policies and procedures, as well as international laws and conventions. [refers to Frontera Resources oil development project in Azerbaijan]