EBRD’s new accountability mechanism goes into effect

Published: 19 March 2010 y., Friday

Banko klientų aptarnavimas
The EBRD is launching a Project Complaint Mechanism, which is expected to enhance the accountability and transparency of the Bank’s operations. Intended to facilitate the processing of complaints regarding Bank-financed projects, this new mechanism replaces the Independent Recourse Mechanism that has been in force since July 2004.

Following a thorough process of review, including extensive public consultation, the new Project Complaints Mechanism includes features that make it more accessible and also strengthen the Bank’s ability to monitor clients’ commitment to relevant EBRD policies.

In particular, the new mechanism benefits from an improved and more user-friendly registration system and wider universe of potential complainants – the Mechanism is now open to individuals, groups and civil society organisations directly located or having interests in the area of an EBRD-funded project.

The Mechanism also provides more opportunities for consultations with all relevant parties and publication of monitoring reports. To further increase the independence of the Mechanism the Bank has appointed a dedicated Project Complaints Mechanism Officer who is responsible for the day-to-day administration of the Mechanism.

Šaltinis: www.ebrd.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

IMF Mission Reaches Preliminary Agreement on ECF1 Arrangement for Guinea-Bissau

An International Monetary Fund mission led by Mr. Paulo Drummond visited Bissau during January 12-27, 2010, to discuss the government’s medium-term economic program that could be supported by the IMF under the Extended Credit Facility. more »

IMF and World Bank Announce Debt Relief to the Republic of Congo

The International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) have agreed to support US$1.9 billion in debt relief for the Republic of Congo, which includes US$255.2 million of debt relief from the two institutions. more »

Monetary survey and balance sheet of other MFIS, December 2009

In 2009, net external assets of Monetary Financial Institutions remained negative but increased by LTL 9.3 billion. more »

R&D at the heart of Europe's plans for economic recovery

Spain's Minister for Science and Innovation, Cristina Garmendia, supports making R&D+i at the heart of Europe as a key to economic recovery. more »

Exit strategy for public finances

Lithuania and Malta granted reprieve on budget deficits; Hungary and Latvia on track to meet deadlines. more »

MEPs set out fisheries policy reform priorities

More responsibility for fishermen, rules favouring good fishing practice and adjusting fisheries management models to complement and improve the traditional quota system should be among the key aims of common fisheries policy reform, say MEPs in an own-initiative report approved by the Fisheries Committee on Wednesday. more »

IMF Executive Board Concludes 2009 Article IV Consultation with Yemen

On January 8, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Yemen. more »

IMF Executive Board Concludes 2009 Article IV Consultation with Norway

On January 22, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Norway. more »

CAP and climate change: agriculture can help slow global warming

Agriculture can help to slow climate change, but should be ready to adapt to the impact of global warming, said Agriculture Committee MEPs and scientists at a public hearing on Wednesday. more »

In Barcelona, the EU is examining how to incorporate the lessons of the crisis into how we combat unemployment over the next ten years

The Ministers for Employment of the European Union are holding an informal council on Thursday 28 and Friday 29 January which will lay the foundations for drawing up the common policies in the area of employment which the European Union will adopt over the next ten years as part of the “2020 Strategy”. more »