The Asian Infrastructure Investment Bank: accountability


The Asian Infrastructure Investment Bank is in the process of establishing its accountability mechanism that is vital not only as a means of remedy for communities that have suffered harm, but also for the institution to learn from its mistakes. Public consultation on a new draft Complaints Handling Mechanism will begin in January 2018.

A coalition of ten civil society organizations and networks has submitted recommendations based on the best practice from independent accountability mechanisms around the world. The submission urged that “The overarching mandate of the Asian Infrastructure Investment Bank (AIIB) Complaints Handling Mechanism (CHM) should be two-fold: first and foremost, to prevent harms and provide effective remedy to project-affected people; and second, to ensure institutional accountability and continuous improvement vis-à-vis social and environmental risks and impacts of AIIB-supported projects. “