This page in: عربي | Español | Français | Português

IFC and MIGA Seeking Input from Stakeholders

The proposed IFC/MIGA Approach to Remedial Action is part of IFC’s and MIGA’s ongoing efforts to strengthen accountability throughout the project cycle and also reflects IFC/MIGA’s commitment to explore the recommendations of the “External Review of IFC/MIGA’s E&S Accountability, including the CAO’s Role and Effectiveness Report and Recommendations.”

The public consultation will mainly focus on the proposed IFC/MIGA Approach to Remedial Action, but will also provide an opportunity to consult on the draft IFC responsible exit principles.

Public Consultation: February 21 – April 13, 2023

The proposed IFC/MIGA Approach to Remedial Action and the draft IFC responsible exit principles are available for consultation. The feedback gathered during the consultation process will be considered as the proposed IFC/MIGA Approach to Remedial Action and the draft IFC responsible exit principles are refined.

Informational Presentation: Proposed IFC/MIGA Approach to Remedial Action

Translations: Proposed IFC/MIGA Approach to Remedial Action

Translations: Draft IFC Responsible Exit Principles

Formal events during the public consultation period include the following:

  • February 28, 2023: 9am EST: Informational Session: The session will brief stakeholders on:
    1. An overview of the consultation process and the timeline

    2. Proposed IFC/MIGA Approach to Remedial Action:
      • Background, context, and process for the development of the Approach to Remedial Action
      • Key elements of the Approach to Remedial Action
      • Next steps and pilot period

    3. Draft IFC responsible exit principles

  • Consultation Meetings:
    • Consultation meetings are 2 hours in length and will cover a brief overview of the consultation process, the proposed IFC/MIGA Approach to Remedial Action, and the draft IFC responsible exit principles. Participants are invited to share their feedback during the meetings.

    • The following meetings are open to all stakeholders. Meeting type (hybrid or virtual) and language of the meeting are also noted:
      • March 3, 9:00am EST, Hybrid, Location: IFC, Washington, DC (English)
      • March 16, 2:00pm UTC, Virtual (French)
      • March 23, 2:00pm UTC, Virtual (English)
      • March 29, 8:30am IST / 10:00am ICT, Virtual (English)
      • March 30, 11:00am UTC+2, Virtual (Arabic)
      • April 4, 10:00am EDT, Virtual (Spanish, with Portuguese Interpretation)

        Register to Attend Consultation Meetings


    •  Invite-only meetings will also take place for the following stakeholder groups:
      • IFC/MIGA clients;
      • Independent Accountability Mechanisms; and
      • Development Finance Institutions.
      • Members of these groups will receive an invitation by email and can also email questions to accountabilityconsultation@worldbankgroup.org.
    • Additional sessions may be added depending on interest.