Ideas for Breakfast: Sustainable Finance Accountability in Emerging Markets

Date: Monday, October 16,  2023

Time: 8:30-10am (coffee served from 8:30-9am, presentation starts at 9am sharp)

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SFG and the World Bank are co-hosting a morning discussion with Orsolya Szekely, Secretary of the World Bank’s Accountability Mechanism. The event will be an opportunity to discuss the importance of accountability mechanisms in the context of scaling up sustainable financing in emerging markets and developing economies, building on the World Bank Accountability Mechanism experience and lessons learned.

 

Orsolya Székely, a Hungarian national, is the Accountability Mechanism Secretary. The Accountability Mechanism houses the Inspection Panel and the Dispute Resolution Service. Appointed to her position in 2021, soon after the inception of the Accountability Mechanism, she leads the independent function that handles complaints from communities that believe that a World Bank-financed project has and will cause them harm. She serves a single five-year non-renewable term as Secretary.

In establishing the Accountability Mechanism, Ms. Székely applies the lessons she learned from working with a variety of multilateral organizations and in the private sector, in locations across the globe, for more than 20 years. Immediately prior to joining the Accountability Mechanism, Ms. Székely served as the Senior Advisor and Coordinator in the Executive Office of the Secretary General, with responsibility for enhancing good governance, at the Organization for Security and Co-operation in Europe. Ms. Székely also previously worked as senior advisor with communities and high-level stakeholders in India, Myanmar, China, Kyrgyzstan, and Afghanistan, and on projects in Bangladesh and Nepal, among several other positions. Ms. Székely holds a master’s degree in law from the University of Pécs, Hungary and is an accredited mediator.

 

This is a Building Bridges Community event.

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