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7 - Institutional Lawmaking and International Legal Accountability

Finding Remedies for (Un)Sustainable Development Projects*

Published online by Cambridge University Press:  09 June 2025

Johanna Aleria P. Lorenzo
Affiliation:
Universiteit van Amsterdam
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Summary

Rounding up Part II is Chapter 7, which is a vital continuation of the narrative about the interrelationship among international law, IFIs, and sustainable development. A demand for accountability motivated the initial encounter; it is also accountability – more broadly construed – that should underpin the IFIs’ international lawmaking role vis-à-vis sustainable development. To expound the second prong of the book’s claim, this penultimate chapter sketches a complementary relationship between independent accountability mechanisms and the International Law Commission (ILC) draft Articles on the Responsibility of International Organizations (ARIO), with a view to upholding the right to remedy in the development finance context. It then pleads that, given the IFIs’ critical roles as creatures, creators, and catalysts of international law – especially regarding sustainable development – international legal scholars should begin taking them seriously and further scrutinizing their "internal" rules and operations.

Type
Chapter
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International Financial Institutions and Sustainable Development
Lawmaking and Accountability
, pp. 206 - 240
Publisher: Cambridge University Press
Print publication year: 2025

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