AIIB's draft PPM policy fails to provide accountability Rights and accountability experts have slammed the Asian Infrastructure Investment Bank's latest draft PPM policy for failing to meet international standards.

Without an accountability mechanism that is fit for purpose, the AIIB will simply continue evading accountability for harming frontline communities.

🗞️ Details + more reactions from civil society groups 👇
re-course.org/newsupdates/...

@rightsindevt.bsky.social #AIIBAccountabilityNow #AIIBandCSOs

“The policy may not be reviewed again for a long time. This would mean that its major accessibility and effectiveness gaps may be locked in and the ability to hold #AIIB accountable for harms caused by its financing will remain a pipe dream.”

📣 Radhika Goyal, Accountability Counsel

#AIIBandCSOs

“Although the PPM review process is to be commended and has resulted in several positive changes, some important recommendations have not been considered. It is hoped that they will be taken into account in the next consultations.”

📣 Dr. Zeinab Bashir El Bakri, external reviewer
#AIIBandCSOs