It’s hard not to see the irony in the situation: two key policies on transparency and public engagement developed in a process with limited transparency and public engagement, their content further limiting the same. [...] us[e] best practices with respect to transparency and environmental and social safeguards.” At IAP, we have repeatedly witnessed the profound impact of development projects on the lives of communities they affect — and the devastation that can occur when the fundamental building blocks for transparency and accountability are absent. [...] These high stakes call for the policies and operations of development banks to be robust and reflect international best practices and human rights standards. [...] Secondly, the substance of the draft policies do not remotely meet the recommended good practice and minimum standards, let alone fulfill the rights of communities affected by DFC’s investments. [...] sustainable development The experiences of IAP and our partners in supporting communities and in monitoring, analyzing, and engaging with the disclosure practices of development finance institutions, have demonstrated that development cannot be truly sustainable without meaningful access to information and stakeholder engagement.
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- United States of America
