Multilateral banks need to be accountable to the communities they serve and the projects they finance must comply with the institution’s environmental and social policies.
This was the statement made by the Chair of the World Bank Inspection Panel- Imrana Jalal during a World Bank Inspection Panel Seminar held last Friday in Suva.
Jalal led a seminar titled “World Bank Inspection Panel – Improving Governance through Accountability”
She says residents who believe they are being harmed by a project have the right to file complaints with and seek redress from so-called independent accountability mechanisms like the Inspection Panel.
IPN was established in 1993 to provide an opportunity for affected people to raise issues when they believe World Bank projects are causing or may cause harm to them or their environment.
Jalal says the Inspection Panel plays an essential Banks role of ensuring projects comply with the World Bank’s policies and procedures, and it is independent from the World Bank management, reporting directly to the World Bank Board.
She says Accountability is the cornerstone of good governance and it’s important that people are aware of these mechanisms and how they can access them.
The seminar was attended by more than 40 people and was organized in partnership with the Fiji Women’s Rights Movement and the Pacific Community’s Regional Rights Resource Team.