Abstract

Human rights obligations of the international financial institutions (IFIs) may flow from different sources. They may originate in norms that are external to the organizations. They may also result from treaties entered into by the organizations, or from internal rules that bind staff. Even if the existence of human rights obligations for international financial institutions can be established, it remains to be seen whether the IFIs can be held accountable in case of non-compliance. The International Court of Justice does not have jurisdiction to deal with cases brought against the IFIs. Domestic courts face jurisdictional immunity. The World Bank has, on the other hand, established an accountability mechanism: the World Bank Inspection Panel. Requests brought before the Inspection Panel offer valuable insights on World Bank impact on human rights.

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