[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109551-en":3,"doc-seo-109551-105":30,"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":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":27,"seo_description":14,"update_tm":28,"read_time":29},109551,1099514068035,"Ezra","https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c",8,"Research & Report","External Review of IFC/MIGA E&S Accountability - Report and Recommendations - June 2020","External Review of IFC/MIGA E&S Accountability analyzes the effectiveness of environmental and social accountability arrangements, with a focus on the CAO’s role. Prepared to support IFC and MIGA Boards’ consideration, the report outlines the review approach, core principles and mechanisms, and how accountability has evolved in the private sector and through international systems. It examines financial intermediaries’ accountability, litigation and judicial developments, governance issues, impacts and process timelines, and proposes changes to CAO procedures and to IFC/MIGA responses to non-CAO complaints.","Public Disclosure Authorized Public Disclosure Authorized  \nPublic Disclosure Authorized  \nExternal Review of IFC/MIGA E&S Accountability, including CAO’s Role and  \nEffectiveness  \nReport 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 ...................................................................................................","cbCaikBrCa89hPkN","https://ap.wps.com/l/cbCaikBrCa89hPkN","pdf",2553742,1,149,"English","en",105,"# Overview\n# Section 1. Approach to the Review\n# Section 2. Understanding Institutional Accountability for E&S Performance: Principles and Mechanisms\n## Issues and Recommendations\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## 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## CAO Dispute Resolution\n# Section 8. Potential Changes to IFC/MIGA Response to Non-CAO Complaints\n# Appendix A. Matrix of Policy Recommendations\n# Appendix B. Terms of Reference for the Accountability Review","[{\"question\":\"What is the purpose of the external review described in this report?\",\"answer\":\"The review was prepared to facilitate and inform the IFC and MIGA Boards’ consideration of the E\\u0026S accountability framework, including CAO’s role and effectiveness.\"},{\"question\":\"Which areas does the report cover regarding E\\u0026S accountability and CAO?\",\"answer\":\"It covers principles and mechanisms, financial intermediaries, litigation and judicial implications, governance, effectiveness and impacts, and proposed changes to CAO processes and procedures.\"},{\"question\":\"What kinds of changes does the report recommend for CAO processes?\",\"answer\":\"The report presents potential changes spanning eligibility criteria, complaint and response disclosure, assessment and dispute resolution steps, compliance appraisal and investigation, remedies, monitoring, and organizational learning.\"}]","External Review of IFC/MIGA E&S Accountability - 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