[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109689-en":3,"doc-seo-109689-105":31,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},109689,1374391975076,"Riley","https://ap-avatar.wpscdn.com/avatar/14000253ca4ec9f6853?x-image-process=image/resize,m_fixed,w_180,h_180&k=1783305029341752051",8,"Research & Report","External Review of IFC/MIGA E&S Accountability, including CAO’s Role and Effectiveness Report and Recommendations - June 2020","The External Review assesses IFC and MIGA’s environmental and social (E&S) accountability framework and focuses on the CAO’s role and effectiveness. It supports the Boards’ consideration of principles and mechanisms for institutional accountability, including policy evolution, implementation, and governance arrangements. The review also examines financial intermediary accountability, relevant litigation and evolving judicial decisions, and the effectiveness and impact of current processes. It further sets out potential changes, eligibility criteria, disclosure and assessment steps, dispute resolution, compliance procedures, remedies, monitoring, and organizational learning, plus recommendations for governance and responses.","Public Disclosure Authorized Public Disclosure Authorized  \nExternal Review of IFC/MIGA E&S Accountability, including CAO’s Role and  \nEffectiveness Report and Recommendations  \nThis Report was prepared by the Review Team1 in order to facilitate and inform the IFC and MIGA Boards’consideration ofthe IFC’s and MIGA’s E&S accountability framework, including CAO’s role and effectiveness.  \nIFC, MIGA and CAO and their respective Boards have not adopted, approved or endorsed any part of this Report or its recommendations and consideration of the Report and its recommendations is continuing.  \nNeither this Report nor its recommendations create any duty or obligation ofIFC, MIGA, its Boards of Directors, or CAO, and no part of the Report may be used, copied or reproduced for any purpose, including in any administrative or judicial proceeding, without prior written consent.  \nJune 2020  \n1 See Appendix C  \nTable of Contents  \nAcknowledgments ................................................................................................................................. iii  \nAcronyms ............................................................................................................................................... iv  \nOverview................................................................................................................................................ vi  \nSection 1. Approach to the Review ....................................................................................................... 1  \nSection 2. Understanding Institutional Accountability for E&S Performance: Principles and Mechanisms ............................................................................................................................................ 2  \n2.1. Evolving E&S Accountability Principles in the Private Sector ........................................................ 2  \n2.2 E&S Accountability – Policy Evolution and Implementation .......................................................... 3  \nIssues and Recommendations ............................................................................................................. 6  \n2.3. The Evolution of International Accountability Mechanisms ......................................................... 8  \nSection 3. Financial Intermediaries and E&S Accountability ................................................................ 9  \nSection 4. Recent Litigation and Evolving Judicial Decisions and Implications for IFC/MIGA/CAO and E&S Accountability ........................................................................................................................ 15  \nSection 5. Governance ......................................................................................................................... 20  \n5.1 Governance of IFC/MIGA/CAO with Regard to E&S Performance ............................................... 20  \n5.2 Issues in the Current Governance of the IFC/MIGA/CAO E&S Arrangements ............................. 21  \n5.3 Recommendations on Governance ............................................................................................. 22  \nSection 6. Effectiveness and Impacts of Current IFC/MIGA/CAO Processes ...................................... 27  \n6.1. Time Requirements for CAO Processes ...................................................................................... 32  \nSection 7. Potential Changes to CAO Processes and Procedures ....................................................... 35  \n7.1. Eligibility Criteria ......................................................................................................................... 35  \n7.2. Complaint and Response Disclosure........................................................................................... 43  \n7.3. CAO Assessment Process ............................................................................................................ 44  \n7.4. CAO Dispute R","cbCaip7y14hs4cC7","https://ap.wps.com/l/cbCaip7y14hs4cC7","pdf",2522858,2,1,149,"English","en",105,"# Acknowledgments\n# Acronyms\n# Overview\n# Section 1. Approach to the Review\n# Section 2. Understanding Institutional Accountability for E&S Performance: Principles and Mechanisms\n## 2.1. Evolving E&S Accountability Principles in the Private Sector\n## 2.2. E&S Accountability – Policy Evolution and Implementation\n## 2.3. The Evolution of International Accountability Mechanisms\n# Section 3. Financial Intermediaries and E&S Accountability\n# Section 4. Recent Litigation and Evolving Judicial Decisions and Implications for IFC/MIGA/CAO and E&S Accountability\n# Section 5. Governance\n## 5.1. Governance of IFC/MIGA/CAO with Regard to E&S Performance\n## 5.2. Issues in the Current Governance of the IFC/MIGA/CAO E&S Arrangements\n## 5.3. Recommendations on Governance\n# Section 6. Effectiveness and Impacts of Current IFC/MIGA/CAO Processes\n## 6.1. Time Requirements for CAO Processes\n# Section 7. Potential Changes to CAO Processes and Procedures\n## 7.1. Eligibility Criteria\n## 7.2. Complaint and Response Disclosure\n## 7.3. CAO Assessment Process\n## 7.4. CAO Dispute Resolution\n## 7.5. Initiating the Compliance Process\n## 7.6. Compliance Appraisal\n## 7.7. Compliance Investigation\n## 7.8. Remedies for Non-compliance and Harm\n## 7.9. CAO Compliance Monitoring\n## 7.10. Organizational Learning from E&S Experiences, Complaints, and Responses\n# Section 8. Potential Changes to IFC/MIGA Response to Non-CAO Complaints\n## 8.1. Project-Level Disclosure of Accountability Mechanisms and Grievance Mechanisms\n## 8.2. IFC/MIGA Institutional Capacity for Tracking and Responding to Complaints Raised Outside of CAO Channels\n# Appendix A. Matrix of Policy Recommendations\n# Appendix B. Terms of Reference for the Accountability Review\n# Appendix C. Bios of the Review Team Members\n# Appendix D. Reference Group Members\n# Appendix E. Independent Accountability Mechanisms","[{\"question\":\"What is the purpose of the External Review?\",\"answer\":\"It was prepared to facilitate and inform the IFC and MIGA Boards’ consideration of the E\\u0026S accountability framework, including the CAO’s role and effectiveness.\"},{\"question\":\"Which CAO-related areas does the review evaluate for potential process changes?\",\"answer\":\"It covers eligibility criteria, complaint and response disclosure, CAO assessment, dispute resolution, steps for initiating compliance, appraisal and investigation, remedies, monitoring, and organizational learning.\"},{\"question\":\"How does the review address governance and accountability beyond CAO channels?\",\"answer\":\"It analyzes governance arrangements for E\\u0026S performance, issues in current governance, and recommendations. 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