ADB adopts new Accountability Mechanism.

0 Comments | M2 Presswire, June, 2003

M2 PRESSWIRE-2 June 2003-ADB: ADB adopts new Accountability Mechanism(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:05312003 MANILA, PHILIPPINES -- The Asian Development Bank (ADB) has approved a new Accountability Mechanism to address concerns of persons affected by ADB-assisted projects. The new Accountability Mechanism consists of two complementary functions, a consultation phase and a compliance review phase, which together will replace ADB's Inspection Function, approved in December 1995.

Approval of the new mechanism follows a thorough participatory review of the Inspection Function. ADB organized ten consultation workshops with government officials, business persons, representatives of civil society and project-affected people. Between March 2002 and...