The critical contribution of Independent Accountability Mechanisms (IAMs) to the global governance paradigm
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Published Version
Date
2025-12-03
Authors
McIntyre, Owen
Journal Title
Journal ISSN
Volume Title
Publisher
Brill Nijhoff
Published Version
Abstract
For several decades, the environmental and social safeguard policies adopted by International financial institutions (IFIs), along with the related accountability frameworks provided by the Independent accountability mechanisms (IAMs) established by each, have been at the very forefront of a global movement to extend good environmental and social governance values to international development finance. The standards of institutional conduct required under the safeguard policies of Multilateral development bank (MDBs) in the assessment and implementation of the projects or activities they fund exemplifies the variety of transnational environmental and social regulatory activity which has proliferated in recent years. These regulations comprises an almost endless assortment of codes, standards, and assessment and certification processes, many of which are non-State-led and essentially voluntary, though they generally tend to reflect the values enshrined in more formal national and international legal frameworks.
Description
Keywords
Human rights and humanitarian law , Human rights , International law , International organizations
Citation
McIntyre, O. (2025) 'The critical contribution of Independent Accountability Mechanisms (IAMs) to the global governance paradigm', in Bradlow, D. D., Hunter, D. B., Paul, N. and Ramaswamy, V. I. (eds) Perspectives on Accountability at International Financial Institutions. Leiden: Brill Nijhoff, pp. 30-42. https://doi.org/10.1163/9789004729735_006