The Permanent Forum welcomes the recent decision to establish an Ibero-American Institute of Indigenous Languages, with the support of the Fund for the Development of the Indigenous Peoples of Latin America and the Caribbean and member States of the region, within the framework of the XXVII Ibero-American Summit of Heads of State and Government held in Soldeu, Andorra, in April 2021, and encourages other regions to follow this initiative.
The Forum also notes with concern that the World Bank’s operational policies, including its policy on indigenous peoples, have limited application, covering only investment lending and not other Bank operations. The Forum recommends that the outcome target of the Bank’s process to review and update its safeguards be a set of safeguards and follow-up mechanisms covering all finance instruments and all other Bank operations.