Does the Convention apply to multilateral development banks and investment guarantee agencies?
The Convention does not apply directly to international institutions like multilateral development banks (MDBs). The Convention does, however, oblige the Parties to “promote the application of the principles of [the] Convention in international environmental decision-making processes and within the framework of international organizations in matters relating to the environment” (art 3.7). Thus while the Convention does not apply directly to international institutions, Parties to the Convention will be under an obligation to promote the principles of access to information, access to decision-making and access to justice in MDBs and other international institutions and processes in which they participate.4 Who is a Party to the Convention? So far, no State is a Party, because the Convention is not yet in force. The Convention is open to members of the UNECE and States having consultative status with the UNECE. Currently 40 countries, including the European Community, have signed the Conv
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