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Joint Letter to IFC Chief Executive Officer Re: Request for information and recommendations for protecting workers in response to Covid-19

Mr. Philippe Le Houérou
Chief Executive Officer
International Finance Corporation

Sent via email

Re: Request for information and recommendations for protecting workers in response to Covid-19

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Dear Mr. Le Houérou:

Greetings from the undersigned organizations. We hope this letter finds you and the International Finance Corporation community well in this difficult time.We welcome the IFC’s decision to provide US$8 billion financing in response to the Covid-19 pandemic and note that the IFC will disburse $2 billion to support existing clients in the infrastructure, manufacture, agriculture, and services industries and $6 billion through Financial Intermediaries (FIs) under four different programs. We also appreciate the IFC’s April interim advice on supporting workers , preventing and managing health risks of Covid-19 in the workplace, and childcare in the Covid-19 era.We are writing to request information about the occupational health and safety and social protection measures implemented by current IFC clients and those who may receive new financing in response to the Covid-19 pandemic (Appendix 1).We are also writing to share recommendations for steps the IFC could take to help clients avoid, minimize, or revisit retrenchment decisions and to align with IFC Performance Standards and international labor and human rights standards. We strongly urge the […]

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