Joint letter to IAMnet regarding the World Bank Board’s invalidation of CAO investigation into IFC microfinance investments

Dear IAMnet, The recent decision by the World Bank Group Board of Directors to invalidate the IFC Compliance Advisor Ombudsman’s (CAO) investigation of IFC’s microfinance investments in Cambodia is unprecedented. As a result of the Board’s actions, CAO Director General Janine Ferretti resigned. Not only does the Board’s decision undermine trust in the World Bank […]

Joint Civil Society Recommendations on improving the European Investment Bank Group’s new Complaints Mechanism

The European Investment Bank Group is finalizing updates to its new Complaints Mechanism Policy. Together with over 20 civil society organizations, Inclusive Development International reviewed the draft and shared recommendations to ensure that its policy is an effective forum for impacted communities seeking remedy. The new proposed policy is a huge improvement, but there are […]