22 USC 9614 – Independent accountability mechanism
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(a) In general
The Board shall establish a transparent and independent accountability mechanism.
(b) Functions
Terms Used In 22 USC 9614
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
The independent accountability mechanism established pursuant to subsection (a) shall—
(1) annually evaluate and report to the Board and Congress regarding compliance with environmental, social, labor, human rights, and transparency standards, consistent with Corporation statutory mandates;
(2) provide a forum for resolving concerns regarding the impacts of specific Corporation-supported projects with respect to such standards; and
(3) provide advice regarding Corporation projects, policies, and practices.