New environmental and social standards at the Wolrd Bank and the AIIB: Consequences of the new standards for ensuring respect for human rights

Abstract

The newly developed standards of the multilateral Asian Infrastructure Investment Bank (AIIB) and of the World Bank fall short in many respects of the human rights commitments that the Federal Government has imposed on itself. If Germany wishes to achieve the objectives it has set for itself, it will have to conduct its own human rights assessment of projects, and close monitoring of project implementation will be equally necessary.