COVID-19

BIC welcomes the swift response by Multilateral Development Banks (MDBs) to the crisis caused by the global COVID-19 pandemic. We encourage these institutions to maintain robust standards of transparency and accountability, seek innovative ways to engage with communities, and manage the environmental and social risks associated with their programs. These institutions should focus on laying a foundation for a strong global recovery that advances a resilient, low-carbon future emphasizing environmental and social justice for all.