AIIB Establishes Accountability Mechanism for Project-Affected People
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors approved on Dec. 7, 2018 the Policy on the Project-affected People’s Mechanism (PPM). This will take effect on March 31, 2019, together with a PPM Directive and PPM Rules of Procedure. The PPM enables people to file submissions if they believe they have been or are likely to be adversely affected by a failure of the Bank to implement its Environmental and Social Policy.
The PPM was developed through consultations with stakeholders from government agencies, project implementation agencies, business communities, civil society, nongovernmental organizations, multilateral development banks and academics.
Press-release at the AIIB official web-site