Original disclosure @ IFC website
Updated in EWS May 2, 2022
Disclosed by Bank Dec 13, 2021
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According to the bank's website, "IFC intends to offer a consulting and potential investment proposition to support InnovaFeed’s expansion plans in Southeast Asia (focus on Indonesia and Malaysia), which includes:
1. Providing guidance to InnovaFeed in the application of IFC Performance Standards (‘PS’) and Good International Industry Practice in the selection of a local supplier of feedstock.
2. Providing guidance to InnovaFeed in the construction and operation of its insect plant, based on IFC PS and sound Environmental and Social (‘E&S’) practices.
3. Potential funding. IFC will provide guidance in a manner consistent with the principles of the relevant PS. The IFC team will assist InnovaFeed in gaining a good understanding of IFC PS and provide guidance for appropriate mitigation measures whenever warranted."
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ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org