EIB Group and EBRD sign agreement on accountability arrangements concerning mutual reliance projects
Luxembourg, Oct. 20 -- The EIB Group Complaints Mechanism (EIB-CM) and the EBRD Independent Project Accountability Mechanism (EBRD-IPAM) signed an Agreement on Accountability Arrangements concerning the Mutual Reliance Projects.What is this agreement about? This agreement sets out how the EIB-CM and EBRD-IPAM will work together when handling complaints concerning mutual reliance projects. The mutual reliance projects are projects for which the EIB and EBRD intend to fully rely on each other's environmental and social policy and standards, due diligence and project monitoring, to the extent to which the EIB's and EBRD's environmental and social policies, standards and procedures are aligned. More information about the Mutual Reliance Project...
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