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Risks, and the need for strong #DueDiligence, are magnified in the case of financial intermediary investments, which are more hands-off by their very nature. The International Finance Corporation should make contextual risk assessment mandatory for FIs and remove caveats in its #safeguards policy.

Apr 24, 2025, 10:07 AM

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    "text": "Risks, and the need for strong #DueDiligence, are magnified in the case of financial intermediary investments, which are more hands-off by their very nature.\n\nThe International Finance Corporation should make contextual risk assessment mandatory for FIs and remove caveats in its #safeguards policy.",
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          "alt": "Image of group of Guatemalan people of all ages wearing colourful clothes in a rural setting. White text on grey and turquoise background, which reads: Mandatory and more robust risk assessment. Indigenous communities on the Canbalam river in Guatemala suffered violent repression for resisting the IFC FI-backed Barillas dam, which was classed as ‘lower risk’. After the project was cancelled, these communities never received any remedy. Photo © G U Mendoza/Oxfam 2012.\n\n",
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