Today, the United States Supreme Court issued its decision in Jam et al. v. International Finance Corp., a landmark case challenging the World Bank Group’s claim to absolute immunity in a lawsuit brought by fishing communities in India...In a 7-1 ruling, the justices have ended the International Finance Corporation’s (IFC) absolute immunity from lawsuits in U.S. courts. The immunity upset at the IFC, the private sector arm of the World Bank Group, will have wide-ranging and global implications.

As an organization dedicated to supporting communities to defend their rights when they are harmed by institutions like the World Bank, Accountability Counsel welcomes this decision to open the door for legal liability...

“There is no question that international institutions will now need to strengthen their accountability frameworks as responsible and legally liable actors in the global economy,” said Kindra Mohr, Accountability Counsel’s Policy Director...