Independent accountability mechanism

Section 1415 of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9614) is amended by adding at the end the following new subsection: (c) Consolidation of functions Not later than 90 days after the date of enactment of the DFC Modernization and Reauthorization Act of 2025, the Board shall submit a report to the appropriate congressional committees describing any efficiencies that may be gained through the consolidation of functions of the independent accountability mechanism under the authorities of the Office of the Inspector General of the Corporation under section 1414. The report shall include an outline as to how the Inspector General of the Corporation would develop an internal environmental, social, and governance expertise to adequately replace the independent accountability mechanism’s environmental, social, and governance expertise..