InterPraxis Director accepts interim appointment to head EBRD’s Independent Accountability Mechanism

Independent accountability mechanisms (IAMs) have a common goal: to strengthen devlopment outcomes, by providing individuals and communities with an independent, impartial and transprent channel to address their social and environmental concerns.

IAMs like EBRD’s Project Complaint Mechanism achieve this through different services such as dispute resolution platforms or investigations to ensure that the banks are in compliance with their social and enviornmental policies.

The existence of independent accountability mechanisms reflect the commitment of the various international financial institutions to sustainable development and to give people a voice when their rights and/or interests are affected – and to meet the highest standards of transparency and accountabiliy.