Legal Topic:
Climate change
Geographic relevance:
Philippines
Language:
English
Data type:
Legal citations
About this resource:
In October 2017 the Philippine Movement for Climate Justice filed a complaint to the IFC’s independent accountability mechanism, the Compliance Advisor Ombudsman (CAO), accusing it of contributing to the crisis of global climate change by financing coal plants. The allegation was that the recipients of finance failed to meet the IFC’s social and environmental performance standards. These mandate social and environmental impact assessments for certain projects. The complaint letter is here. In October 2019 the CAO decided to investigate the complaint.
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