Business and Industry, Climate Change, Energy, Education, Conservation, Fresh Water, Land, Marine and Coastal Areas, Traditional knowledge, Urban Environment
Summary of Achievements:
Rachel Kyte led the process to revise the International Finance Corporation's environmental and social standards. These standards aim to minimize the impact of IFC's projects on the environment and on workers and communities. They are stronger than those of any other international finance institution working with the private sector. The IFC standards are also applied under the name "Equator Principles" by more than 40 financial institutions, representing 80% of global project financing.
Rachel Kyte, a British national, became Director of the Environment and Social Development Department at the International Finance Corporation (IFC) in January 2004. Prior to this appointment, she was Principal Specialist in the Office of the Compliance Advisor/Ombudsman of IFC/MIGA. She managed the Ombudsman function, investigating and offering conflict resolution to complaints filed in relation to the private sector activities of IFC and MIGA.
Prior to joining the CAO, Ms. Kyte was Senior Policy Advisor, Senior Advisor on Gender and Representative to the European Union for IUCN, The World Conservation Union. A graduate of the University of London and the Fletcher School of Law and Diplomacy, she has worked extensively within the environment, women's and health movements as a policy analyst and advocate. Rachel has worked with and for private sector concerns on private/public partnerships in the fields of health and environment and has served as an advisor, and on the boards of a number of NGOs, private philanthropic foundations, the United Nations, and government. She teaches negotiation, advocacy and public policy at a number of institutions, including the Simone de Beauvoir Institution of Leadership in Mexico City.
Rachel Kyte 2121 Pennsylvania Avenue Washington DC 20433 Washington 'United States of America '