- Program Environment
- Program Area Transforming Development Finance
- Grant Amount $150,000
- Grant Period June 1, 2008–December 31, 2011
- Location Washington, DC, United States
- Geographic Focus World
About this grant
Over the past two decades, nongovernmental organizations have successfully advocated for international financial institutions to develop environmental and social policies as well as internal accountability systems, which are designed to allow affected communities a means to ensure that environmental and social policies are actually implemented. Many stakeholders now feel that new and different ways of improving these policies and accountability systems must be considered as well as consideration of the need for developing external accountability systems. Through this grant, the Program on International and Comparative Environmental Law at the American University’s Washington College of Law will evaluate current sustainable finance standards, monitor the climate change-related policies of financial institutions, strengthen and use existing accountability systems to support affected communities in specific cases, and seek new approaches to increasing accountability of public and private financial institutions.