& Recommendations from the External Review of IFC/MIGA E&S Accountability, including CAO’s Role & Effectiveness
We welcome the opportunity to comment on the report of the external review team. At the outset, the recommendations reinforce our long-running calls to address the accountability deficits in the World Bank’s private sector investment system. We wish to reiterate and bolster the key recommendations around: 1) remedy fund, 2) shift in CAO’s reporting structure, 3) IFC/MIGA’s early engagement with the community and in the dispute resolution, 4) litigation, 5) eligibility, and 6) the process to implement recommendations.