Consultation on the proposed IFC/MIGA Approach to Remedial Action

Public Consultation

(February 21 – April 20, 2023)

Informational Presentation: Proposed IFC/MIGA Approach to Remedial Action

Formal events during the public consultation period included the following:

• February 28, 2023: 9am EST: Informational Session: The session will brief stakeholders on:
  
  • An overview of the consultation process and the timeline
    
  • 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
  • Draft IFC responsible exit principles

• Consultation Meetings:
  
  • The following meetings took place and were open to all stakeholders:
    
    • March 3, 9:00am EST, Hybrid, Location: IFC, Washington, DC (English)
      • Summary Report
    • March 16, 2:00pm UTC, Virtual (French)
      • Summary Report (English | French)
    • March 23, 2:00pm UTC, Virtual (English)
      • Summary Report
    • March 29, 8:30am IST / 10:00am ICT, Virtual (English)
      • Summary Report
    • March 30, 11:00am UTC+2, Virtual (Arabic)
      • Summary Report (Arabic | English)
    • April 4, 10:00am EDT, Virtual (Spanish, with Portuguese Interpretation)
      • Summary Report (English | Spanish)
         
•  Invite-only meetings also took place for the following stakeholder groups:
  
  • IFC/MIGA clients (Report);
  • Independent Accountability Mechanisms (Report); and
  • Development Finance Institutions (Report).
     
• Questions? please email: accountabilityconsultation@worldbankgroup.org.