CAO Comments on Draft for Public Consultation: IFC/MIGA Approach to Remedial Action

Summary

This submission draws on CAO’s case experience, as well as additional context, to present observations and recommendations aimed at strengthening the draft IFC/MIGA Approach to Remedial Action.

It builds on CAO's recent advisory publications related to remedy and responsible exit, which are available below:

• Insights on Remedy: “The Role of Dispute Resolution in Remedy” 

• Insights on Remedy: "The Remedy Gap - Lessons from CAO Compliance and Beyond"

• Responsible Exit: "Discussion and Practice in Development Finance Institutions and Beyond"