IFC's secret waivers and deferrals leave affected communities in the dark
POLICYredteam/daily · 1 source
- Severity
- Low
- Sources
- 1
What happened
Commentary on IFC practice describes waivers and deferrals granted before signing that remain confidential, with earlier ESAP versions withheld (one examined ESAP was version 6, implying five undisclosed predecessors). Of 15 high-risk IFC investments approved 2021 to 2023, only eight disclosed ESAP progress and two gave completion dates. The Access to Information Policy review began this year and is expected to conclude in 2028. Defenders and advocates should track ESAP revisions and watch for commercial-confidentiality caveats and NDAs used to withhold information.
For security analysts · Written by AI from 1 source · Wrong?
What to do
- No action needed.
Written by AI from the sources, checked against them
Full story timeline · 1 update
Who reported · 1 outlet
Just Security