§9614 — Title 22 Foreign Relations and Intercourse | U.S. Code

Summary

The Board must create a clear, independent accountability mechanism. Each year it must report to the Board and Congress on whether Corporation projects meet standards covering environmental, social, labor, human-rights, and transparency issues; provide a forum to resolve concerns about specific project impacts; and advise on projects, policies, and practices. Within 90 days after December 18, 2025, the Board must report to the appropriate congressional committees about any efficiencies from moving these functions to the Corporation’s Inspector General and must outline how the Inspector General would develop internal environmental, social, and governance (ESG) expertise to adequately replace the mechanism’s ESG expertise.

Title 22, §9614

Foreign Relations and Intercourse — Source: USLM XML via OLRC

(a)The Board shall establish a transparent and independent accountability mechanism.

(b)The independent accountability mechanism established pursuant to subsection (a) shall—

(1)annually evaluate and report to the Board and Congress regarding compliance with environmental, social, labor, human rights, and transparency standards, consistent with Corporation statutory mandates;

(2)provide a forum for resolving concerns regarding the impacts of specific Corporation-supported projects with respect to such standards; and

(3)provide advice regarding Corporation projects, policies, and practices.

(c)Not later than 90 days after December 18, 2025, the Board shall submit a report to the appropriate congressional committees describing any efficiencies that may be gained through the consolidation of functions of the independent accountability mechanism under the authorities of the Office of the Inspector General of the Corporation under section 1414. 11 See References in Text note below. The report shall include an outline as to how the Inspector General of the Corporation would develop an internal environmental, social, and governance expertise to adequately replace the independent accountability mechanism’s environmental, social, and governance expertise.

Notes & Related Subsidiaries

Editorial Notes

References in Text

section 1414, referred to in subsec. (c), means section 1414 of Pub. L. 115–254, div. F, title I, Oct. 5, 2018, 132 Stat. 3492, which amended section 8G of the Inspector General Act of 1978, Pub. L. 95–452, formerly § 8E, as added Pub. L. 100–504, which was set out in the Appendix to Title 5, Government Organization and Employees, prior to repeal and restatement as section 415 of Title 5.

Amendments

2025—Subsec. (c). Pub. L. 119–60 added subsec. (c).

§9614 Independent accountability mechanism