MDB
What is MDB?
Title XIII of the International Financial Institutions Act and the Pelosi Amendment mandates USAID and other
U.S. government agencies to review multilateral development bank (MDB) assistance proposals to determine
whether the proposed activities will contribute to the sustainable development of the borrowing country.
These reviews are meant to address the economic viability of the activity, as well as its potential adverse
effects on the environment, natural resources, public health, and indigenous peoples. After evaluating MDB
proposals, USAID investigates those that may have substantial adverse effects, ensures that the resulting
information is made available to the public, and reports regularly to Congress on loans likely to have such
effects.
Relevant MDB Internet resources:
The World Bank (WB)
The WB's Inspections Panel [PDF] -
The Inspection Panel is a three-member body created in 1993 to provide
an independent forum to private citizens who believe that they or their
interests have been or could be directly harmed by a project financed by the World Bank.
International Finance Corporation (IFC)
IFC's Compliance Adviser and Ombudsman - The CAO mandate is
to assist in addressing complaints by people affected by projects in a manner that is fair, objective, and
constructive and to enhance the social and environmental outcomes of projects in which IFC and MIGA play a
role.
European Bank for Reconstruction and Development
The Independent Recourse Mechanism (IRM) -
assesses and reviews complaints about Bank-financed projects. It gives local groups that may be directly
and adversely affected by a Bank project a means of raising complaints or grievances with the Bank,
independently from banking operations.
CEE Bankwatch Network - is an international non-governmental
organization (NGO) with
member organisations
currently from 11 countries across the central and eastern European region. The aim of the network is to
monitor the activities of the international financial institutions (IFIs) which operate in the region, and
to propose constructive alternatives to their policies and projects in the region.
Bank
Information Center - The Bank Information Center (BIC) partners with civil society in
developing and
transition countries to influence the World Bank and other international financial institutions (IFIs) to
promote social and economic justice and ecological sustainability. BIC is an independent, non-profit,
non-governmental organization that advocates for the protection of rights, participation, transparency, and
public accountability in the governance and operations of the World Bank, regional development banks, and
IMF.
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