About Us
The Independent Accountability Mechanism (IAM) performs three core functions:
- Annually evaluate and report to the DFC Board of Directors and Congress regarding compliance with environmental, social, labor, human rights, and transparency standards, consistent with Corporation statutory mandates;
- Provide a forum for resolving concerns regarding the impacts of specific Corporation-supported projects with respect to such standards; and
- Provide advice regarding Corporation projects, policies, and practices.
In providing these services, the IAM supports DFC’s mission as a financial institution that promotes environmentally and socially sustainable development.
The IAM strengthens the Corporation’s ability to fulfill that mission by ensuring compliance with applicable requirements and improving the flow of information between locally impacted communities, project sponsors, and decision-makers.
The IAM provides these services, upon request, in a manner that is accessible, fair, objective, and transparent. It works with impacted communities and individuals in host countries, host-country representatives, project sponsors and DFC’s Board of Directors and management.
- IAM Organization
- Public Registry of Cases
- Cases
Project Name Action Status Ghana: Miro Forestry Developments Limited. DFC committed a $24 million equity investment. Request was filed on behalf of nine former employees in Ghana alleging unlawful dismissal or demotion, and related financial hardship. Request received, acknowledged and deemed eligible for IAM services. Following assessment, case transferred to IAM’s compliance function. Eligibility confirmed on November 17, 2025. Assessment report completed on 2/20/2026. Türkiye: Ceyhan Polipropilen Üretim Anonim Şirketi (FY25). Project involves a $550 million loan. Fourteen complaints submitted between August and December 2025 were combined into a single IAM case. Following an assessment, the parties agreed in February 2026 to engage in problem-solving to resolve the issues. Mediated round-table processes between February and June 2026 resulted in final agreements and closure of the complaint. IAM is currently monitoring the agreements. Mediation Closeout Report (August 2026)
Assessment Report (February 2026)
Mozambique: Rovuma LNG Project (FY25). Project involves a political risk insurance coverage for $1.5 billion debt (subject to $1 billion reinsurance). DFC terminates its commitment letter on July 22, 2025. Appraisal concludes that a compliance investigation of DFC is merited. Appraisal report issued on December 15, 2025. IAM initiated a compliance investigation. Nigeria: Indorama Eleme Fertilizer Line 3 Project (FY24). The Project involves $75 million DFC loan, part of a $1.25 billion loan package. Appraisal phase completed. Appraisal report issued June 18, 2025. IAM will be initiating a compliance investigation of DFC. Kenya: Bridge International Academies (FY24). The Project involves a $10 million loan by OPIC in 2013. DFC exit occurred in July 2022 because of early loan repayment by the Client. Compliance Investigation Report completed. Compliance Investigation Report circulated to DFC’s Management and Board on March 19, 2025. Israel: Noble Energy Leviathan Project (FY19). The Project, approved by OPIC in 2017, involves a political risk insurance commitment letter for up to $250 million. In February 2020, Noble Energy requested, and DFC terminated its commitment letter. Problem-Solving and Compliance Review. Problem-solving Closed.
Compliance Review Closed.
- Unregistered or Ineligible Requests
Country Receipt Date, Sector, and Subject Status and Justification Uzbekistan On July 7, 2026, the IAM received a submission relating to a technological project in Uzbekistan raising contractual matters. On August 11, 2026, the IAM acknowledged the submission and confirmed that the complaint was unrelated to environmental and social concerns. Therefore, the IAM Director determined that the request is not eligible for IAM services. The IAM closed the file. Türkiye On June 4, 7, 10, 17, and 19, 2026 the IAM received submissions relating to a project in the infrastructure sector raising environmental and social challenges. On June 23, 2026, the IAM acknowledged the submissions and confirmed that the DFC Board of Directors declined to fund this infrastructure project in September 2025. Therefore, the IAM Director determined that the request is not eligible for IAM services. The IAM closed the file. Guyana On December 15, 2025, the IAM received a submission relating to the aviation sector raising judicial, investment, and human rights challenges. On December 16, 2025, the IAM acknowledged the submission and confirmed with the requester (and through a search in DFC’s Insight database) that the request is unrelated to any DFC/OPIC-supported project. Therefore, the IAM Director determined that the request is not eligible for IAM services. The IAM closed the file. India On 29 October 2025, the IAM received a request related to a project in the financial sector raising numerous commercial concerns. On 5 December 2025, the IAM acknowledged the request and informed the complainant that the request did not fall within the environmental and social mandate of the IAM and, therefore, was not eligible for IAM services. The IAM closed the file. Paraguay On October 8, 2025, the IAM received a submission raising concerns about a commercial dispute and alleging related harm linked to a financial institution. On December 17, 2025, the IAM acknowledged the submission. On December 21, the IAM determined that the submission centered on a commercial dispute with a financial institution, was unrelated to DFC’s investment in the same institution, and, therefore, was ineligible for IAM services. The IAM closed the file. - Management-Requested Reviews
Case Action Status Kenya: Bridge International Academies Compliance Review completed Compliance Investigation Report circulated to DFC’s Management and the Board on 3/19/2025 - Archived Cases
Project Name Action Status Southeast Europe Equity Fund II Problem-Solving Closed Mongolia Big Bend Gold Mining Project Problem-Solving Closed Pakistan K-Electric Project Problem-Solving Closed Pakistan DG Khan Cement Problem-Solving Closed Bolivia Coeur d’Alene Mines Problem-Solving and Compliance Review Closed Mexico Cerro de Oro Hydroelectric Problem-Solving and Compliance Review Closed Baku - Tbilisi – Ceyhan Pipeline Compliance Review Closed Management Requested Reviews
Project Name Action Status Assessment of OPIC's Environmental and Social (E&S) Monitoring of Projects Internally-Requested Review Completed Buchanan Renewables Internally-Requested Lessons Learned Review Completed
- Reporting
- Policies and Guidance
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