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22 U.S.C. § 262p–10Enhancing the transparency and effectiveness of the Inspection Panel process of the World Bank

submitted 17 years ago by Pub. L. 95-118 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 299 words · no verdicts yet

in plain englishAI-generated · not legal advice

Treasury must direct U.S. representatives to make the World Bank's Inspection Panel process more transparent. Management must publish progress reports and take public comment on Action Plans. Treasury must also protect the Panel's independence and evaluate country safeguard systems.

(a) Enhancing transparency in implementation of Management Action Plans The Secretary of the Treasury must direct the U.S. Executive Directors at the World Bank to try to ensure that World Bank Procedure 17.55 — which sets Management's operating procedures for the Inspection Panel — requires Management to: prepare and publish semiannual progress reports on carrying out Action Plans the Board considered; accept comments from Requesters and other Affected Parties for two months after publishing the progress reports; post those comments on the World Bank and Inspection Panel websites, with or without attribution, after getting the requesters' permission; submit the reports to the Board along with any comments received; and make public what actions the Board took after considering the reports. (b) Safeguarding the independence and effectiveness of the Inspection Panel The Secretary of the Treasury must direct the U.S. Executive Directors at the World Bank to keep promoting the Inspection Panel's independence and effectiveness, including making sure claimants can access the Panel for projects funded with World Bank resources. (c) Evaluation of country systems The Secretary of the Treasury must direct the U.S. Executive Directors at the World Bank to ask the Independent Evaluation Group to evaluate the use of country environmental and social safeguard systems, to see how well, in practice, those systems protect projects as much as the World Bank's own policies and procedures do. (d) World Bank defined In this section, "World Bank" means the International Bank for Reconstruction and Development and the International Development Association.
the actual law source: uscode.house.gov ↗public domain
(a) Enhancing transparency in implementation of Management Action Plans

The Secretary of the Treasury shall direct the United States Executive Directors at the World Bank to seek to ensure that World Bank Procedure 17.55, which establishes the operating procedures of Management with regard to the Inspection Panel, provides that Management prepare and make available to the public semiannual progress reports describing implementation of Action Plans considered by the Board; allow and receive comments from Requesters and other Affected Parties for two months after the date of disclosure of the progress reports; post these comments on World Bank and Inspection Panel websites (after receiving permission from the requestors to post with or without attribution); submit the reports to the Board with any comments received; and make public the substance of any actions taken by the Board after Board consideration of the reports.

(b) Safeguarding the independence and effectiveness of the Inspection Panel

The Secretary of the Treasury shall direct the United States Executive Directors at the World Bank to continue to promote the independence and effectiveness of the Inspection Panel, including by seeking to ensure the availability of, and access by claimants to, the Inspection Panel for projects supported by World Bank resources.

(c) Evaluation of country systems

The Secretary of the Treasury shall direct the United States Executive Directors at the World Bank to request an evaluation by the Independent Evaluation Group on the use of country environmental and social safeguard systems to determine the degree to which, in practice, the use of such systems provides the same level of protection at the project level as do the policies and procedures of the World Bank.

(d) World Bank defined

In this section, the term “World Bank” means the International Bank for Reconstruction and Development and the International Development Association.

Source credit: (Pub. L. 95–118, title XVI, § 1627, as added Pub. L. 111–32, title XI, § 1110, June 24, 2009, 123 Stat. 1902.)

history & why it existsrecord from the source credit
  • 2009Enacted · Pub. L. 95-118 · 123 Stat. 1902

A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-118 on 2009-06-24.

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