The Caribbean Development Bank (CDB) is hosting the 22nd Annual Meeting of the Independent Accountability Mechanisms Network (IAMNet) from October 6–9, 2025, in Barbados, convening accountability professionals from development finance institutions across the globe.
CDB is partnering with the Inter-American Development Bank’s Independent Consultation and Investigation Mechanism (MICI), and the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency’s Office of the Compliance Advisor Ombudsman, to stage the four-day event. Attendees include representatives from the World Bank, Asian Development Bank, European Bank for Reconstruction and Development, and other leading international financial institutions.
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IAMNet was created to enhance cooperation among independent accountability mechanisms and establish best practices for addressing complaints related to development projects. These mechanisms provide a platform for communities and individuals impacted by development initiatives to raise concerns about potential social and environmental harm.
CDB President Daniel Best said, “It’s a privilege to host the 2025 IAMNet Annual Meeting in Barbados. As development challenges become more complex, robust accountability frameworks are critical. This gathering provides an opportunity to deepen collaboration, strengthen best practices, and reinforce our shared commitment to transparent, effective, and community-focused development.”
The agenda addresses pressing issues facing accountability mechanisms amid off-track Sustainable Development Goals, shrinking aid budgets, and intensifying climate-related disasters. Key sessions will explore IAM policy reviews, safeguarding participants in IAM processes, accountability in climate projects, innovations in data and technology, and strategies for combating retaliation against complainants.
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On October 8, a dedicated session will bring together civil society organisations to discuss building accountability capacity, facilitating early solutions, implementing remedy mechanisms, and strengthening partnerships between IAMs and development advocates.
Highlighting the Caribbean’s unique challenges, President Best added, “In the Caribbean, accountability is not a luxury—it’s essential for survival. With small, open economies, high debt, and limited fiscal space, every development dollar must count. Independent Accountability Mechanisms ensure that development finance serves the people it is intended to benefit.”
Since 2015, CDB has operated its Office of Integrity, Compliance, and Accountability as an independent entity, covering institutional integrity, ethics, accountability through a Project Complaints Mechanism, compliance, and whistleblowing.
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