What is new?
On January 2nd, 2015 started the recruitment process for the position of Director of the Independent Consultation and Investigation Mechanism (MICI).
On December 17, 2014, the Bank´s Board of Executive Directors approved by consensus the new Policy for the Mechanism and instructed its immediate entry into effect. All Requests received from this date on will be managed as per this Policy.
On December 15th, 2014, the IDB Board of Executive Directors considered the Panel's Recommendation regarding Request BO-MICI001-2011, and decided not to authorize a Compliance Review. Consequently after notifying the Parties, the MICI proceeded to close the case.
On December 19th, 2014, the President of the Panel declared Request MICI-AR-2014-081 ineligible for the Compliance Review Phase. With this determination the MICI process is concluded.
On December 1, 2014 the Compliance Review related to Request ME-MICI002-2012 “Mareña Renovables Wind Project” is approved. The Panel responsible for the investigation is comprised of Ms. Mary Rose Brusewitz, Ms. Korina Horta and Mr. Mario Epstein.
On November 21st, 2014, the Panel Chairperson declared the Request CO - MICI002-2011 eligible for the Compliance Review Phase, after analyzing both the original Request and the additional information sent subsequently. Now the Panel is going to begin the process of preparing a Recommendation for a Compliance Review and the Terms of Reference in order to submit them once they are ready to the Board of Executive Directors for their consideration.
The current Panel of the Compliance Review conducted an exhaustive evaluation of the Request BR-MICI001-2010 and its management in the previous period as well as the project status to date. As a result of the issues analyzed, including the withdrawal of the Requester from the MICI process and the presence of open legal cases, the Panel decided to recommend to the Board of Executive Directors not to conduct a Compliance Review at this time and to close the process. On November 7, 2014, the IDB Board of Executive Directors approved this recommendation by Short-Procedure with no objection; thus, management of case BR- MICI001-2010 is considered to have concluded on the part of the MICI.
On October 31, 2014, the Panel Chairperson of the Compliance Review Phase notified about necessity to extend the deadline to issue the Compliance Review Report for Request PN-MICI002-2010, estimating that issuance of the document will take place during the second week of March, 2015.
On October 15, 2014, the Request MICI-AR-2014-081 was declared ineligible for the Consultation Phase by the Eligibility Committee.
On September 18 and 19 2014, the European Bank for Reconstruction and Development hosted in its Headquarters in London the 11th Annual Meeting of the Independent Accountability Mechanisms.
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