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Article

14 Feb 2017

Author:
Bank Information Center

Civil Society Calls on AIIB to Develop an Accountability Mechanism

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"Civil Society Calls on AIIB to Develop an Accountability Mechanism", 6 Feb 2017

The AIIB approved $1.7 billion in financing for nine projects in 2016, but still does not have a mechanism to address concerns from people who are affected by those projects.

In early February 2017, sixteen civil society organizations called on the AIIB’s Director-General for Compliance, Effectiveness, and Integrity to conduct a public consultation process on a future accountability mechanism. In the letter, civil society recommended a set of measures to ensure a robust public consultation process focused on feedback from the communities and local organizations that will ultimately be the users of the mechanism. Click here to read the full text of the letter.

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