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Update

Civil Society Guide to IFI Policy Reviews

The IFI Policy Review Web page is a recent addition to the BIC website! This page is updated regularly to allow you to keep track of consultation documents, important dates, civil society analyses and more.

The IFI Policy Review Web page is a recent addition to the BIC website! This page is updated regularly to allow you to keep track of consultation documents, important dates, civil society analyses and more.

POLICY REVIEWS

On this page: AfDB | ADB | EBRD

African Development Bank (AfDB)

  • Independent Recourse Mechanism: Closed

Asian Development Bank (ADB)

  • Comprehensive Review of ADB Water Policy Implementation: Ongoing
  • Energy Operations Policy: Ongoing
  • Environmental and Social Safeguards Policy: Ongoing
  • Financing Partnership Strategy: Ongoing
  • Middle Income Country Strategy: Closed
  • Public Communications Policy: Closed
  • Private Sector Development Strategy Implementation: Ongoing
  • Regional Cooperation and Integration Strategy: Closed
  • Review of Implementation of Governance and Anticorruption policies: Ongoing
  • Safeguard Policy Review: Ongoing
  • Translation Framework: Closed
  • Transport Strategy: Closed
  • Urban Sector Strategy Review: Closed

European Bank for Reconstruction and Development (EBRD)

  • Energy policy: Closed
  • Environmental Policy: Upcoming
  • Public Information Policy: Upcoming

On this page: EIB | IDB | IFC

European Investment Bank (EIB)

  • Public Information Policy: Closed

Inter-American Development Bank (IDB)

  • Review of Independent Investigation Mechanism: Delayed
  • Strategy and Policy on Indigenous Peoples: Ongoing
  • Environment and Safeguards Compliance Policy: Closed
  • Infrastructure Development Strategy (update): Closed
  • Transportation Policy: Closed
  • Sustainable Tourism Strategy: Closed
  • Small and medium enterprise strategy (update): Closed
  • Disaster Risk Management Strategy: Upcoming

International Finance Corporation (IFC)

  • Environmental Health and Safety Guidelines: Ongoing
  • Disclosure Policy: Closed
  • Policy on Social and Environment Sustainability and Performance Standards with Guidance Notes: Closed

On this page: IIC | IMF | MIGA

Inter-American Investment Corporation (IIC)

  • Disclosure Policy: Closed
  • Policy on Social and Environmental Sustainability and Performance Standards with Guidance Notes: Closed

International Monetary Fund (IMF)

  • Transparency Policy: Upcoming
  • Periodic Conditionality Review: Closed
  • External Evaluation of the Independent Evaluation Office: Closed
  • First Review of Low-Income Country Debt Sustainability Framework: Closed

Multilateral Investment Guarantee Agency (MIGA)

  • Environmental and Social Policies: Open
  • Disclosure Policies: Open

    World Bank

    • Review of World Bank Conditionality: Closed
    • Issues In Using Country Systems In Bank Operations: Closed
    • Pollution Prevention and Abatement Handbook: Ongoing
    • Review of Poverty Reduction Strategy Papers: Closed
    • External Review Committee on IMF-World Bank Collaboration: Ongoing
    • Review of Environment Strategy: Upcoming
    • Forest Strategy Midterm Review: Upcoming


    African Development Bank (AfDB)

    Independent Recourse Mechanism

    Review Process: CLOSED
    Key Dates: On 30 June 2004, the Boards of Directors of the African Development Bank and the African Development Fund approved the establishment of the Independent Review Mechanism (IRM). This body comprises the Compliance Review and Mediation Unit as its focal point and an independent Roster of Experts.

    Key AfDB Documents: Inspection Function for the AfDB, June 3, 2004

    Civil Society Analysis: TBD

    For More Information: AfDB's Review and Resolution Mechanisms

    NGO contacts:

    Return to top


    Asian Development Bank (ADB)

    Review of Energy Operations Policy

    Review Process: Ongoing

    Key Dates: 4 August 2006, ADB launches consutations

    Key ADB Documents:

    Civil Society Analysis:

    For More Infomation:

    NGOs contacts:

    _______________________________________________________________________________________

    Comprehensive Review of ADB Water Policy Implementation

    Review Process: The ADB conducted a series of consultations in Cambodia, Fiji Islands, Indonesia, Kazakhstan and India. The results of the consultations can be found on the ADB website.

    Key Dates:

    The Review Final Report submitted to the Board of Directors, as a board information paper: April 2006

    ADB follow up actions in response to Panel Report: Second Quarter of 2006

    Key ADB Documents:

    Civil Society Analysis:

    For more information:

    NGO contacts: CORE/CCDD/SARP (India), WAFED/SARP (Nepal), ALNI Phils., KRUHA Water Coalition (Indonesia),WGPSR (Indonesia), YDA (Indonesia), KFEM (Korea), Bank Information Center (USA), Both Ends (Netherlands), NGO Forum, JACSES (Japan), INFID

    _______________________________________________________________________________________________________

    Review of Energy Operations Policy

    Review Process: Ongoing

    Key Dates: 4 August 2006, ADB launches consutations

    Key ADB Documents:

    Civil Society Analysis:

    For More Infomation:

    NGOs contacts:

    ________________________________________________________________________________________________

    Public Communications Policy

    Review Process: CLOSED
    The new Public Communications Policy took effect September 1, 2005

    • Comment on ADB existing disclosure policies and consultation plan: August - November 2003, All external comments posted on ADB website
    • First draft PCP posted on the ADB website for public comment; Includes ADB responses to external comments received so far: February 28 - May 28, 2004, All external comments posted on ADB website
    • 14 face-to-face consultations on first draft - 10 in Asia; draft translated into 4 Asian languages and Russian; summaries of meetings posted after every consultation: March - July 2004
    • Second draft policy available for public comment: October 26 - November 24, 2004

    All external comments posted on ADB website: late December 2004, Working paper posted on website February 10, 2005, Informal Board discussion on Working Paper

    Key Dates:
    R-Paper (final draft) circulated to the Board: April 1, 2005

    Policy approved by ADB Board: April 21, 2005

    Policy becomes effective: September 1, 2005

    Key ADB Documents:

    R-Paper, April 1, 2005, Undisclosed

    Civil Society Analysis:

    There were over 100 civil society comments on the multiple iterations of the ADB’s Public Communications Policy. These comments are available on the ADB's External Comments Received webpage. Also see BIC's webpage, Transparency at the ADB.

    For more information: See ADB's webpage on the Public Communications Policy Review or BIC's webpage on Transparency at the ADB.

    NGOs involved: Mekong Watch, Bank Information Center (USA), WAFED/SARP (Nepal), LRC-KSK (Phils.), Bureau on Human Rights and Rule of Law (Kyrgyzstan), BanglaPraxis (Bangladesh), WGPSR (Indonesia), YDA (Indonesia), KFEM (Korea), JACSES (Japan), BothENDS (Netherlands), Oxfam Mekong Initiative, NGO Forum on the ADB, ARTICLE 19 (UK), Commonwealth Human Rights Initiative (India)

    ___________________________________________________________________

    Private Sector Development Strategy Implementation

    Review Process:CLOSED:Consultations with internal and external stakeholders were completed in November 2004.
    Key Dates:

    Final draft sent to Board for approval in 4th Quarter of 2005
    A Revised Strategic Framework, approved and published in February 2006

    Key ADB Documents:
    • Annotated Table of Contents for details of the conceptual format, ADB, (Acorbat pdf 76 KB)                                                                                                                                                                                          
    Private Sector Operations:
    Civil Society Analysis:TBD

    For more information:

    ________________________________________________________________________
    Safeguard Policy Review

    Review Process: The update process of the ADB’s three safeguard policies has been extended from its original timeline. This is due to an evaluation of ADB policy implementation which will be carried out by OED from January to June 2006. Although the official deadline has passed, the ADB continues to accept comments on the Discussion Note, which can be sent to . ADB is scheduled to begin face-to-face consultations including 5 country-level consultations and 5 sub-regional consultations in 4th Quarter of 2006.

    Announcement of review on the web: July 2005
    Discussion note posted on the web
    : October 2005
    Consultations: Ongoing DELAYED: Fourth Quarter of 2006
    Web posting of a draft policy paper: November 2006
    ADB Board consideration of a draft paper: April 2006 DELAYED: March 2007
    Web posting of the revised draft policy paper: October 2007
    ADB Board consideration of a final policy paper: November 2006 DELAYED: November 2007

    Structured series of external stakeholder consultations for the Safeguard Policies Update:
     
    • Central and West Asia (March 5-6, Bishkek)
    • Mekong (March 8-9, Hanoi)
    • Civil Society and Indigenous Peoples' Organizations (March 13, Manila)
    • Southeast Asia (March 14-15, Manila)
    • Pacific (March 21-22, Sydney)
    • South Asia (March 26-27, New Delhi)
    • East Asia (March 29-30, Beijing)

    Key Dates: OED will carry out the evaluation during the period March to June 2007. The final policy paper (R-paper) will be submitted to the Board in November 2007. The Board Date has been delayed twice.

    Key ADB Documents:

    Civil Society Analysis: BIC Updates: Official Correspondence: For more information: NGOs Contacts: NGO Forum on the ADB (Regional), Oxfam Australia (Australia), BIC (USA), Cordillera Peoples Alliance (Philippines), JACSES (Japan), Environmental Defense (USA)

    ________________________________________________________________________

    Translation Framework

    Review Process: ADB is soliciting public comments on a draft Translation Framework.
    Send the comments to:
    Comments received by 31 July 2006 will be posted, along with the name of the organization or individual commenting, and will be considered in the next draft of the framework.

    Key Dates: Consultations with ADB staff: May 2006
    Completed 60-day comment period
    : End of May 2006 through end of July 2006
    Discussions with ADB staff and Management: August 2006
    Posting on ADB’s website for 30 days: September 2006
    Approval: October 2006

    Key ADB Documents: Civil Society Analysis:

    _____________________________________________________________________

    Review of Implementation of Governance and Anticorruption Policies

    Review Process: DELAYED:
    This review has been delayed for both the third and fourth stages, "Preparation of Review Report" and "Preparation of Final Report to Board" respectively.

    A Management Committee meeting was held in late 2005 to discuss the Review paper. Management requested the preparation of an action plan, with an initial planning horizon of 18 months, taking into consideration the concurrent development of the ADB's second Medium Term Strategy.

    The action plan should be ready for Board consideration in mid-2006.

    Key Dates:
    The release date of the final draft was pushed back due to the necessity of revisions following internal and external consultations.

    The final draft report was available for public comment until February 1, 2006.

    Key ADB Documents:
    Civil Society Analysis: For more information: NGOs involved: WAFED/SARP (Nepal), BanglaPraxis/SARP (Bangladesh), YDA (Indonesia), KRUHA Water Coalition (Indonesia), BothENDS (Netherlands), BIC (USA)

    Urban Sector Strategy Review

    Review Process: Consultations with urban experts, city and central government officials, stakeholders, etc.

    Key Dates: On July 28 and 29, 2005 ADB held a meeting at the ADB Headquarters that will provide inputs for the Review. For more information, see Managing Urban Growth in Asia: Expert Group Meeting on Urban Sector Strategy. The result of the review was scheduled to be available on the first quarter of 2006.

    Key ADB Documents: Civil Society Analysis:TBD

    For more information

    NGOs involved: TBD

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    European Bank for Reconstruction and Development (EBRD)

    Energy Policy

    Review Process: Face-to-face consultations were held during January 2005, followed by a 45 day on-line comment period which closed on March 31. A revised draft was available for public comment until April 19, 2006.

    Key EBRD Documents: Civil Society Analysis: For more information: EBRD's Strategies and Policies webpage

    NGOs involved: CEE Bankwatch (Czech Republic)

    Environmental Policy

    Review Process: As of April 1, 2006, the EBRD has announced that it will be reviewing its Environmental Policy "sometime in the near future," but no official word is yet available.

    Key Dates: TBD

    Key EBRD Documents: TBD

    Civil Society Analysis: TBD

    For more information: TBD

    NGOs involved: TBD

    Public Information Policy

    Review Process:CLOSED: The EBRD made a draft PIP available on its website on March 1, 2006.

    The public was invited to comment on the draft PIP until April 28, 2006, extended form the original deadline of April 14, 2006.

    The EBRD did not organize any face-to-face consultations on the draft PIP. The final PIP was approved at the EBRD AGMs in May 2006.

    Key Dates: The new Public Information Policy was approved on May 16, 2006.

    Key EBRD Documents:
    Official Correspondence: For more information: Civil Society Analysis:

    NGOs Involved: CEE Bankwatch Network (Czech Republic); Bank Information Center (USA); A19; Green Salvation (Kazakhstan); NECU (Ukraine)

    Country Strategies

      Mongolia: Deadline for comments September 21, 2006

      Slovenia: Deadline for comments August 31, 2006

      Kazakstan: Deadline for comments September 4, 2006

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      European Investment Bank (EIB)

      Public Information Policy

      Review Process: CLOSED: On March 28, 2006, the EIB approved its new Public Disclosure Policy.

      The EIB launched its policy review on May 19, 2005, and a 45-day consultation period ended July 21, 2005.

      A second draft of the Policy was published on October 18, 2005, and began a fifteen-day comment period. A scheduled consultation with stakeholders on October 28, 2005, at EIB's Brussels office was canceled.

      View stakeholders' comments from the second consultation period
      Key Dates: EIB expects to complete the policy review by March/April 2006.

      Key EIB Documents: Civil Society Analysis: For more information:
      • Review of EIB's Public Information Policy,Press Release, December 2004
      Also see:

      NGOs involved: CEE Bankwatch Network (Czech Republic), freedominfo.org (USA), Campagna per la riforma della Banca mondiale (Italy)

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      Inter-American Development Bank (IDB)

      Review of Independent Investigation Mechanism (Consultation and Compliance Review Mechanism)

      Review Process: The draft Proposal was open to public comments from February to May 2005. The review process is now closed. No Board date has been set to review the proposal. NGOs urge IDB President Luis Alberto Moreno to reopen the review. Key Dates: TBD

      Key IDB Documents:
      Civil Society Analysis: For more information: NGOs involved:BIC; ED

      Strategy and Policy on Indigenous Peoples

      Review Process: CLOSED:The 2 year-long consultation period started in April 2003 and ended August 15, 2005. Final drafts have been sent to the Board, as well as reports on the consultation processes.The IDB approved its new Operational Policy on Indigenous Peoples (OP-765) on February 22, 2006.

      Key Documents
      The Operational Policy on Indigenous Peoples was approved on February 22, 2006. This new normative framework for the Bank will become effective on August 22, 2006.

      Civil Society Analysis

    • Civil Society Press release and letters to the IDB by the Indian Law Resource Center, Multiple Organizations, September 19, 2005 (BIC Website)
      For more information
    • Inter-American Development Bank Updates (Indian Law Resource Center Website)
    • IDB Public Consultations (IDB Website)

        NGOs involved

        Indian Law Resource Center (USA)

        Environment and Safeguard Compliance Policy

        Review Process
        Consultations were held from January 26- March 8, 2005

        Key Dates
        The new Environmental and Safeguards Compliance policy passed on January 19, 2006

        Key Documents

      • Draft Environment and Safeguards Compliance Policy_IDB, IDB, November 12, 2004 (Acrobat pdf, 174 KB) Civil Society Analysis For more information

        NGOs involved

        Infrastructure Development Strategy (update)

        Review Process
        Key Dates
        Consultation from May-July 2006
        Final draft August 5, 2006

        Key IDB documents
        Key Civil Society Analysis
        For more information
        NGOs involved

        Transportation Policy

        Review Process
        Key Dates
        Consultation from June-August 2006
        Final draft on September 15, 2006
        Key IDB documents
        Key Civil Society Analysis
        For more information
        NGOs involved

        Sustainable Tourism Strategy

        Review Process
        Key Dates
        Consultation from June-August 2006
        Final draft scheduled for September 15, 2006

        Key IDB documents
        Key Civil Society Analysis
        For more information
        NGOs involved

        Small and medium enterprise strategy (update)

        Review Process
        Key Dates
        Consultation for July-September 2006
        Final draft scheduled for November 15, 2006

        Key IDB documents
        Key Civil Society Analysis
        For more information
        NGOs involved

        Disaster Risk Management Strategy

        Review Process
        Key Dates
        Consultation from July-September 2007
        Final draft sceduled for November 15, 2007

        Key IDB documents
      • Draft Disaster Management Policy_IDB, IDB, December 21, 2005


          Key Civil Society Analysis

          For more information
          NGOs involved

          Science and Technology for Development 

          Review Process: TBD
          Key Dates
          Consultation from September-November 2007
          Final draft scheduled for March 30, 2008

          Key IDB documents
          : TBD
          Key Civil Society Analysis
          : TBD
          For more information
          : TBD
          NGOs involved
          : TBD

          International Finance Corporation (IFC)

          Environmental Health and Safety Guidelines

          Review Process
          Public Comment period August 2006 - December 2006
          The first set of IFC draft guidelines are now available for comment and the comment period has been extended to December 15, 2006. The IFC requests that all commentors read the introduction of the EHS guidelines (see below) before submitting comments.

          EHS Guidelines Timeline

          Phase I— Review of Existing EHS Guidelines (October 2004 - December 2005)
          • Request for comments on existing EHS Guidelines
          • Definition of scope, outline, and format for update process
          • Benchmarking, analysis, and background research activities
          Phase II— Preparation of Draft Guidelines (September 2005 - October 2006)
          • Selection and contracting of technical consultants
          • Review and drafting of General Environmental Guidelines
          • Review and drafting of Industry Sector Guidelines
          Phase III— Draft Publication and Public Comment (August - December 2006)
          • Posting of the General Environmental Guidelines and Industry Sector Guidelines for a public comment period.
          • The drafts will be posted in a staggered fashion as they become available, and each draft will be posted for a minimum of 60 days of comment via a web-based comment tool on this site.
          Phase IV— Editorial Review and Final Publication (Post-completion of Phase III)
          • Processing of comments from public stakeholders Final technical review and publication
          Phase V— Establishment of permanent update mechanism (Post-completion of Phase IV)

          Key Dates

          General EHS guidelines Aug 2 – Dec 15
          Agribusiness/Food Production Guidelines August 2 – September 30; September 12 – November 13
          General Manufacturing Guidelines August 2 – September 30
          Oil and Gas Guidelines September 12 – November 13
          Power Guidelines August 2 – November 13
          Infrastructure Guidelines August 2 – September 30 (Tourism and Hospitality Development: CLOSED) Chemicals Manufacturing Guidelines TO FOLLOW
          Forestry Guidelines TO FOLLOW
          Mining Guidelines TO FOLLOW

          Key IFC Documents

          Civil Society Analysis
          TBA

          For more information
          Submit any questions, concerns or requests for further information to

          International Finance Corporation
          Environment and Social Development Department
          Attn: Environmental, Health and Safety Guidelines Update
          2121 Pennsylvania Avenue, NW
          Washington, DC 20433 U.S.A.

          or Email: .

          Disclosure Policy Framework

          Review Process: CLOSED
          Disclosure Concept Note was released in August 2004. A face to face consultation period ran from September 2004-December 2004. The public comment period closed March 31, 2005. A draft of the Disclosure Policy was released for comments on September 22, 2005. The comment period on the new draft Disclosure Policy ended November 25, 2005, after which a final draft was sent to the Board for approval. The Board considered and approved the final draft in late January 2006.

          Key Dates
          The Policy on Disclosure of Information was approved by the Board of Directors on February 21, 2006 and takes effect May 1, 2006.

          Key IFC Documents
        • Policy on Disclosure of Information_IFC, IFC, April 30, 2006
        • Draft Disclosure Policy_IFC, IFC, September 22, 2005
        • Framework for Discussion Regarding Disclosure of Information_IFC, IFC, November 24, 2004, (Acrobat pdf 234 KB)

          Civil Society Analysis
          There have been close to 50 comments made by civil society organizations. To view comments, see the IFC's View/Submit Comments page.

        • BIC's comments on IFC's disclosure framework, March 31, 2005 (Acrobat pdf 337 KB)

          See www.grrr-now.org for a complete listing of Civil Society Analysis on the IFC review.

          For more information

        • IFC Disclosure Policy Review webpage (IFC website)

          NGOs involved

          Policy on Social and Environmental Sustainability and Performance Standards with Guidance Notes

          Review Process: CLOSED
          A face to face consultation period ran from July 2004-January 2005. The public comment period closed April 29, 2005. New drafts were released on September 22, 2005 and were available for comment until November 25, 2005. After the comment period on the new drafts ended in November, the final drafts were sent to the Board for consideration in late January 2006.

          Key Dates

          The Policy and Performance Standards on Social and Environmental Sustainability were approved by the Board of Directors on February 21, 2006 and take effect May 1, 2006.

          Key IFC Documents

        • IFC Policy and Performance Standards on Social and Environmental Sustainability, IFC, April 30, 2006 (Acrobat pdf)
        • IFC draft Policy and Performance Standards on Social and Environmental Sustainability, IFC, September 22, 2005 (Acrobat pdf)
        • IFC Guidance notes, IFC, September 22, 2005 (Acrobat pdf)
        • IFC Environment and Social Review Procedure, IFC, February 3, 2006 (IFC website)

          Civil Society Analysis


          See www.grrr-now.org for a complete listing of Civil Society Analysis on the IFC review.

          For more information

          IFC's Safeguards Policy Update webpage

          NGOs involved


          Inter-American Investment Corporation (IIC)

          Disclosure of Information Policy

          Review Process: CLOSED
          IIC approved a Disclosure of Information Policy after conducting a 90 day consultation process.

          Key Dates

          On October 11, 2005, the Board of Executive Directors approved the Disclosure of Information Policy, which took effect December 1, 2005.

          Key IIC Documents
        • Disclosure of Information Policy, IIC, October 2005 (Acrobat pdf)
        • Draft Disclosure of Information Policy_IIC, IIC (Acrobat pdf 78 KB)
          Civil Society Analysis
          :
          TBD

          For more information

        • IIC Policies webpage (IIC website)

          NGOs involved

          International Monetary Fund (IMF)

          Transparency Policy

          Review Process
          No known public consultations

          Key Dates
          : TBD

          Key IMF Documents
        • IMF Transparency Policy Amendments, IMF, July 28, 2005 (Acrobat pdf 384 KB)
        • IMF Transparency Policy Review, IMF, May 24, 2005 (Acrobat pdf 266 KB)
        • IMF Transparency Policy: Issues and Next Steps, IMF, September 29, 2003 (Acrobat pdf 504 KB)
          Civil Society Analysis
        • freedominfo.org press release, October 6, 2005 (freedominfo.org website)
          For more information: TBD

          NGOs involved:

          TBD

          Conditionality Review

          Review Process:CLOSED
          No public consultations

          Key Dates
          March 25, 2005, Board discusses a staff paper on the review of conditionality guidelines.

          Key IMF Documents
        • Review of the 2002 Conditionality Guidelines—Selected Issues, IMF, March 4, 2005 (Acrobat pdf 524 KB)
        • Revised Staff Statement on Principles Underlying the Guidelines on Conditionality and Operational Guidance Note on the 2002 Conditionality Guidelines, IMF, January 9, 2006 (Acrobat pdf)

          Civil Society Analysis

        • Analysis of IMF 2004-2005 Conditionality Review, May 23, 2005(Eurodad website)
          For more information
        • IMF Executive Board Discusses Review of the Conditionality Guidelines, April 15, 2005 (IMF website)
          NGOs involved

          External Evaluation of Independent Evaluation Office (IEO)

          Review Process:CLOSED
          No public consultations

          Key Dates
          On April 26, 2006, the Executive Board of the International Monetary Fund (IMF) discussed an External Evaluation of the Independent Evaluation Office (IEO). Directors also considered it appropriate to conduct another external evaluation of the IEO in five years.

          Key IMF Documents
        • IMF Executive Board Discusses External Evaluation of the Independent Evaluation Office, Public Information Notice (PIN) No. 06/67 June 15, 2006 (IMF website)

          Civil Society Analysis:

          TBD

          First Review of Low-Income Country Debt Sustainability Framework and Implications of the Multilateral Debt Relief Initiative

          Review Process: CLOSED
          No Public Consultation.

          Key Dates
          On April 17, 2006 the Executive Board concluded its first review of the low-income country debt sustainability framework for low-income countries (DSF) and discussed the implications of the Multilateral Debt Relief Initiative (MDRI) for the DSF.

          Key IMF Documents
        • Review of Low-Income Country Debt Sustainability Framework and Implications of MDRI, IMF, March 24, 2006 (IMF website)
        • IMF Executive Board Concludes First Review of Low-Income Country Debt Sustainability Framework and Implications of the Multilateral Debt Relief Initiative, Public Information Notice (PIN) No. 06/61, June 2, 2006
          Civil Society Analysis
          _____________________________________________________________________________

          MIGA

          Review of Social, Environmental and Disclosure Policies

          MIGA is proposing to adopt a new disclosure policy and new social and environmental policies and performance standards, that would be in line with those introduced by the International Finance Corporation (IFC) in April 2006. MIGA is proposing to adopt IFC’s new policies and standards with minor variations to take account of the differences in the business lines of the two institutions.

          Participants will have until midnight on April 27, 2007, to submit comments on MIGA’s proposals. To read draft new policies and submit your comments, please visit MIGA’s online commentary tool.

          Read More

        •  MIGA's Draft Policies on Disclosure & Social and Environmental Sustainability

          World Bank 

          Review of World Bank Conditionality

          Review Process: CLOSED
          Face to face consultations include two civil society meeting in London, December 2004, another in Paris, March 2005, one in Berlin Germany, April 2005, and one in Washington DC, during the invite-only Global Policy Forum, April 2005.

          Key Dates: The Committee on Development Effectiveness (CODE) met on June 22, 2005 to discuss a series of guidance notes. An informal meeting of the full Board was held on July 21,2005 where they discussed a number of background papers. The full Board met in September, 2005 and approved a paper presented to the Board of Governors during the 2005 Annual Meetings.

          Key World Bank Documents

        • Final Review of World Bank Conditionality, September 2005 (WB website)
        • Review of World Bank Conditionality: Issues Note, World Bank, January 24, 2005 (Acrobat pdf 108 KB)

          Civil Society Analysis
        • Loosening the Leash? The World Bank Conditionality Review, Eurodad, August 2005 (Acrobat pdf)
        • Developing Countries in the Driving Seat But is it Chauffeuring the Donors Car?, BOND (BOND UK website)
        • ActionAid International Submission on the World Bank Review of Conditionality, ActionAid, June 28, 2005 (World Bank website)
        • Christian Aid Submission to World Bank Conditionality Review, Christian Aid, June 16, 2005 (World Bank website)
        • EURODAD Letter on World Bank Conditionality, Eurodad, June 30, 2005 (World Bank website)
        • OXFAM Submission to World Bank Conditionality Review, OXFAM International, June 14, 2005 (World Bank website)
        • Caritas Internacionalis Submission to World Bank/IMF PRS Review, Caritas Internationalis, April 2005 (World Bank website)
        • Nordic Baltic Submission to World Bank/IMF PRS Review, Nordic Baltic (World Bank website)
        • Debt and Development Coalition Ireland study "World Bank's Poverty Reduction Support Credit: Continuity or Change?", Angela Wood, July 2005 (World Bank website)

          For more information
        • Review of World Bank Conditionality (World Bank website)

          NGOs involved

          Issues In Using Country Systems In Bank Operations

          Review Process: CLOSED
          A period of consultation and public comment was held from November 2004, until January 2005. Comments were accepted until January 21, 2005, before the Board approvedOP/BP 4.0 to govern the pilot program.

          Key Dates
          March 18, 2005: WB Board approves new OP/BP on Country System Pilots.

          Key World Bank Documents
        • Expanding the use of country systems in Bank-supported operations: issues and proposals, March 4, 2005 (World Bank website)

          Civil Society Analysis
        • Country Systems Approach to World Bank Social and Environmental Safeguards: Concerns and Challenges, Bank Information Center and Center for International Environmental Law, December 2, 2004 (BIC website)

          For more information:
        • Expanding the Use of Country Systems in Bank-Supported Operations, (World Bank website)

          NGOs involved
          Center for International Environmental Law (USA),
          Bank Information Center (USA),
          International Rivers Network (USA)

          Pollution Prevention and Abatement Handbook

          Review Process
          World Bank accepted comments on documents, including the PPAH and IFC EHS Guideline through December 31, 2005.

          Phase I — Review of Existing PPAH and IFC EHS Guidelines (October 2004 - January 2005)
          Phase II — Technical Revisions and Preparation of Draft Guidelines (January - December 2005)
          Phase III — Draft Publication and Public Review (October 2005 - January 2006)
          Phase IV — Editorial Review and Final Publication (January - April 2006)
          Phase V — Establishment of Permanent Review / Update Mechanism (June 2006)

          Key Dates
          June 2006 - Establishment of Permanent Review / Update Mechanism

          Key World Bank Documents
        • Pollution prevention and abatement handbook 1998, World Bank Group (World Bank website)
        • IFC EHS Guidelines, (IFC website)

          Civil Society Analysis: TBD
          For more information:
        • New environmental performance guidelines for Industries, (World Bank website)
        • EHS Update webpage, (IFC website)

          NGOs involved

          Poverty Reduction Strategy Review

          Review Process: CLOSED
          Concept note on PRS Review was released in February 2005. On Thursday April 21, 2005, over 100 labor union, NGOs, parliamentarians, government officials, and donors from over 50 countries came together and provided a critical input into this year’s IMF/World Bank 2005 PRSP Review.( http://www.worldbank.org/prspreview) There was a PRS Review E-discussion on World Bank’s website from May 2-23, 2005.

          Key Dates
          Board approved the Review of Povery Reduction Strategy Approach in September 2005.

          Key World Bank Documents
        • Review of the Poverty Reduction Strategy Approach: Balancing Accountabilities and Scaling Up Results, World Bank and IMF, September 12, 2005 (Acrobat pdf)
        • Concept Note: Joint World Bank and IMF Report on Poverty Reduction Strategy Papers—Progress in Implementation, World Bank and IMF, February 2, 2005 (Acrobat pdf 91 KB)

          Civil Society Analysis
          See the EuroDAD website on the PRS review.

          For more information
        • Joint World Bank/IMF 2005 PRS Review, (World Bank website)

          NGOs involved: TBD World Bank: External Review Committee on IMF-World Bank Collaboration Review Process: The Committee on IMF – World Bank Collaboration is soliciting comments from the public. The comments, which will be sent directly to the members of the Committee, may be submitted to erc@imf.org until September 15, 2006 Key Dates: Deadline to submit comments: September 15, 2006. Key World Bank Documents:
        • IMF Managing Director Rodrigo de Rato and World Bank President Paul Wolfowitz Initiate Deeper Measures to Review and Enhance IMF-World Bank Cooperation, Press Release No. 06/65, March 29, 2006 (World Bank website)

          Review of Environment Strategy

          Review Process
          The World Bank launched a three week, by-invitation-only, global e-dialogue program on June 5,2006. The dialogues will close on June 23, 2006 and a draft of the updated strategy should be available by October.

          Key Dates

          E-dialogue program closes June 5, 2006. The updated strategy should be available in October, 2006.

          Key World Bank Documents

          Civil Society Analysis:

          Forest Strategy Implementation Mid-Term Review

          Review Process
          World Bank is soliciting comments on its Forest Strategy implementation. All relevant stakeholders are invited to provide input to the World Bank Group’s implementation of the Forests Strategy. The comments should be submitted to .com before June 30, 2006.

          Key Dates
          Deadline for civil society groups to submit comments: June 30, 2006. The review is expected to be finalized in November 2006 and will subsequently be made publicly available. Key World Bank Documents:

        • Overview of the Forest Strategy Implementation Mid-Term Review (World Bank Website)
        • 2002 Forest Strategy (World Bank website)

          Civil Society Analysis

        • Digg!

          See also

          African Development Bank Asian Development Bank European Bank for Reconstruction and Development Inter-American Development Bank International Finance Corporation International Monetary Fund Multilateral Investment Guarantee Agency World Bank (IBRD & IDA) Transparency Transparency at the ADB Transparency at the AfDB Transparency at the EBRD Transparency at the IDB Transparency at the IFC

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