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Accountability and Transparency of the Japan Bank for International Cooperation

Mekong Watch

  • Program Environment
  • Program Area Transforming Development Finance
  • Grant Amount $120,000
  • Grant Period October 1, 2003–September 30, 2005
  • Location Tokyo, Japan
  • Geographic Focus Japan

About this grant

Japan plays a significant role in the world of international development finance. It is the second largest donor after the United States. In addition, Japan has the second highest voting power in the World Bank and the strongest voting power in the Asian Development Bank. Japan is also powerful in the areas of multilateral development banks (MDBs) and export credit finance and insurance. Multiyear funding will support efforts to monitor the implementation of the Japan Bank for International Cooperation’s (JBIC) new environmental and social guidelines, as well as its groundbreaking compliance mechanism. The goal is to prevent negative environmental and social impacts from JBIC-funded projects; raise awareness about and build understanding of the new environmental and social guidelines of JBIC and its compliance mechanism; support initiatives by NGOs and affected communities to use the new JBIC compliance mechanism to raise concerns based on the new guidelines; and continue to improve the accountability and transparency of Japanese official development assistance institutions.Mekong Watch was established in 1993 to foster socially and environmentally sound development in the Mekong region of Southeast Asia.