ESG & Accountability To Communities
26. E&S community disclosure policy
Does the DFI have a community disclosure policy?
Does the policy require early disclosure to project-affected people?
Does the DFI clearly articulate what E&S documentation will be disclosed to project-affected people for investments?
Does the DFI have a free, prior, and informed consent (FPIC) policy?
A community E&S disclosure policy should establish the roles and responsibilities of the DFI and its client. It may be included as an aspect of other documentation including E&S standards or institutional disclosure policies.
An early disclosure policy details the period of time that a DFI has to disclose a proposed investment or activity to project-affected people before it is considered for board approval.
The DFI should identify the minimum level of document disclosure to project-affected people for its activities.
An FPIC policy outlines the way a DFI achieves participation and consultation in instances where its investment activities involve indigenous peoples.
Additional definitions and notes
A project-affected person is a person or household affected by direct economic and social impacts caused by a project.