The Independent Consultation and Investigation Mechanism
We are the independent accountability office of the IDB Group. We receive complaints from communities in the region alleging that they have been harmed by projects financed by one of the Group’s institutions as a result of noncompliance with one or more of its operational policies.
Bank-Financed Operation or Project: Any Bank investment or other financing activities, whether with or without sovereign guarantee (public or private sector), including any operational activities involving loans, grants, technical cooperation assistance, and guarantees financed or to be financed in whole or in part from Bank funds or from funds administered or guaranteed by the Bank, including MIF operations.
Board: The Board of Executive Directors of the Bank.
Borrower/Recipient/Client: A party that has received financing in connection with a Bank or MIF operation and that has entered into a loan, technical cooperation, or guarantee agreement with the Bank.
Business Day: A day when the IDB is open for business in Washington, D.C.
Compliance Review: A formal investigation of whether the Bank has not complied with one or more of its Relevant Operational Policies.
Compliance Review Panel: The panel of experts assembled to investigate a given Request in the context of the Compliance Review Phase, described in paragraph 42 of this Policy.
Compliance Review Phase: The MICI process described in Section I of this Policy.
Compliance Review Phase Coordinator: The MICI staff member responsible for coordinating the Compliance Review Phase and serving as the Panel Chairperson for approved investigations, as described in paragraph 42 of this Policy.
Consultation Phase: The MICI process described in Section H of this Policy.
Consultation Phase Coordinator: The MICI staff member responsible for coordinating the Consultation Phase.
Donors Committee: The Donors Committee of the Multilateral Investment Fund.
Executing Agency: The entity designated in the relevant legal agreements to execute all or part of a Bank-Financed Operation.
Executive Director: A member of the Board or the Donors Committee.
Harm: Any direct, material damage or loss. Harm may be actual or reasonably likely to occur in the future.
MICI or the Mechanism: The Independent Consultation and Investigation Mechanism of the IDB.
MICI Director: The Bank official appointed by the Board of Executive Directors as responsible for the MICI, as described in Sections D and J of this Policy.
IIC: The Inter-American Investment Corporation.
Management: The Bank or MIF manager or managers in charge of the relevant Bank-Financed Operation or any delegate thereof.
MIF: The Multilateral Investment Fund.
Parties: The Requesters, Management, the Borrower, the Client and/or the Executing Agency, if applicable.
Policy: This MICI Policy.
President: The President of the Inter-American Development Bank.
Public Registry: The public web-based registry maintained by the MICI which provides all public documents related to Requests received by the MICI, as established in paragraph 62 of this Policy.
Relevant Operational Policies: All policies as per paragraphs 11 and 12 of this Policy. The Relevant Operational Policy that will be applicable for a Bank-financed Operation approved by the Board is the version in effect at the time of Board approval of the Bank-Financed Operation that is the subject of the Request, unless the relevant policy or legal documentation provides otherwise. Guidelines, procedures, or norms approved only by Management of the Bank are not subject to the Mechanism. In the event that the Board grants an explicit waiver of the obligation to apply a specific Relevant Operational Policy to a particular Bank-financed Operation, that policy may not be used as grounds for submitting a Request to the MICI.
Request: A communication submitted by the Requesters or their representative that alleges that they have suffered or may suffer harm due to the failure of the Bank to comply with one or more of its Relevant Operational Policies within the context of a Bank-Financed Operation.
Requesters: Any two or more people residing in the country where a Bank-Financed Operation is implemented who have submitted a Request to the MICI, considering that they have been or may be affected by the failure of the Bank to comply with one or more of its Relevant Operational Policies within the context of that operation.
Roster: A list of technical experts appointed on an ad hoc basis to be part of the Panel responsible for carrying out a Compliance Review.
Short Procedure: An abbreviated Board approval procedure, as defined by the Regulations of the Board, under which the MICI may submit matters for the Board’s consideration on a non-objection basis.
Standard Procedure: Thesubmission of matters for inclusion on the agenda of the Board for consideration as defined by the Regulations of the Board.