US development bank left without oversight after watchdog let go

via news.mongabay.com

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The International Development Finance Corporation (DFC), the lending and investment arm of the U.S. government and a key foreign policy tool, has abruptly terminated the director of its Independent Accountability Mechanism (IAM), which handles complaints about environmental and social harm. The unexpected move leaves no staff in the congressionally mandated IAM office. Mehrdad Nazari was […]

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