§262p–10 — Title 22 Foreign Relations and Intercourse | U.S. Code

Summary

The Secretary of the Treasury must tell the U.S. Executive Directors at the World Bank to require Management to make twice‑a‑year progress reports that show how Board‑approved Action Plans are being carried out. People who asked for inspections and others affected get two months to comment after the reports are posted. With the requester’s okay, those comments must go on the Bank and Inspection Panel websites. The reports and any comments go to the Board, and the Bank must make public the main actions the Board takes after reviewing them. The U.S. Directors must also push for a strong, independent Inspection Panel and make sure people can use it for projects funded with World Bank resources. They must ask the Independent Evaluation Group to check whether using a country’s own environmental and social rules gives the same project‑level protections as the Bank’s policies. “World Bank” means the International Bank for Reconstruction and Development and the International Development Association.

Title 22, §262p–10

Foreign Relations and Intercourse — Source: USLM XML via OLRC

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

Statutory Notes and Related Subsidiaries

Definitions The definitions in section 262p–5 of this title apply to this section.

§262p–10 Enhancing the transparency and effectiveness of the Inspection Panel process of the World Bank

Summary

Title 22, §262p–10

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Citations & Metadata