Updated: Analysis of Disclosure Practices at the IIC
IAP has updated its interactive analysis of how the Inter-American Investment Corporation discloses project information. The analysis of 96 projects, proposed between March 2015 and April 2017, highlights serious gaps in disclosures. For a majority of projects, disclosure periods are inadequate and ESIAs are rarely publicized. If the IIC wishes to comply with best practices and standards on access to information, disclosure practices must be reformed. Read the preliminary analysis.
26.04.2017 filed under Project
EWS Alert published for ADB funded project in China
An Early Warning System alert has been published for the Guangxi Regional Cooperation and Integration Promotion Investment Program, 1.8 billion USD project funded by the ADB that aims to develop the North-South Economic Corridor under the Greater Mekong Subregion Cooperation Program. Read an analysis of human and environmental rights impacts.
17.04.2017 filed under Project
Alert published for the IFC funded Araripe III project.
Araripe III involves the construction, operation, and maintenance of a wind power complex encompassing a total of 14 wind turbine clusters located in the Brazilian states of Pernambuco and Piaui. Among others, the project could impact on the rights of health, healthy environment and property of local communities. Read an analysis of impacts (in Portuguese).
13.04.2017 filed under Project
Alert published for HCMC Flood Risk Management project in Vietnam
The World Bank funded project aims to reduce flood risk in the Tham Luong-Ben Cat canal, and is a follow-up initiative to an earlier government-financed project which displaced 1,342 households and enterprises. The project will impact 9 districts in Ho Chi Minh City and affect an additional 717 households and organizations. There is a risk of adverse impacts on the rights to a healthy environment, property and adequate housing, livelihood, and more. Read an analysis of impacts.
EWS alert published for the Dar-es-Salaam Urban Transport Improvement Project
An Early Warning System alert has been published for the World Bank-funded Dar-es-Salaam Urban Transport Improvement Project in Tanzania. The project that will be implemented in Kinondoni District in the Central Business District of Dar-es-Salaam City will improve the Bus Rapid Transit operations and management capacity in Dar es Salaam city and reduce delays at the Ubungo intersection. Read the analysis and assessment of its impacts here.
21.03.2017 filed under Project
EWS alert published for IIC-funded Interagua Project in Ecuador
An EWS alert was issued for the Interagua project funded by the Inter-American Investment Corporation in Ecuador. According to the company, its investment plan ‘aims to maintain and improve the service quality of existing networks, implement rehabilitation projects, install new potable water and wastewater connections, and improve and maintain rainwater management infrastructure . The project may impact labor rights, a healthy environment, water and others. Read the analysis in Spanish here.
EWS alert published for the Guatemala-Mexico Border Integration Program
An Early Warning System alert has been published for the Inter-American Development Bank-funded Guatemala-Mexico Border Integration Program. The program seeks to “increase integration at 8 border crossings and to strengthen Guatemala’s competitiveness and security through fiscal and migratory controls.” The project will be executed by the Guatemalan Defense Ministry and could impact indigenous rights, the environment, and freedom of movement. This project is pending Board approval. Read further analysis in Spanish here.
EWS alert published for EIB-funded Lucknow Metro Rail project in India
An Early Warning System alert has been published for the European Investment Bank-funded Lucknow Metro Rail Project in India. Extending over 33kms, in two rail corridors, this urban transport infrastructure project is expected to displace more than a 100 households and result in the felling of 1181 trees in the North-South Corridor alone. This project is currently active. Read the short analysis here.
16.01.2017 filed under Project
EWS alert published for Mekong Delta project in Vietnam
An Early Warning System alert has been published for the World Bank-funded Mekong Delta Integrated Climate Resilience and Sustainable Livelihoods project in Vietnam. Project locations will include An Giang, Dong Thap, Ben Tre, Tra Vinh, Soc Trang, Bac Lieu, Ca Mau, Kien Giang, and Vinh Long. Potential impacts include resettlement of approximately 823 households. This project is active. Read the short analysis here.
17.11.2016 filed under Project
O Projeto Crédito Condicional Financiado pelo BID.
O investimento tem por objetivo o aumento de acesso a financiamento de longo e médio prazo, tem como objetivo fazendo com que empresas aumentem seus investimentos nas áreas de infraestrutura, energia limpa e investimento produtivo de pequenas e médias empresas. A primeira operação do projeto, será focada em projetos de energia alegadamente limpa. Leia uma análise do projeto.
01.11.2016 filed under Project
EWS alert for World Bank Livelihood Project in Cambodia
An Early Warning System alert has been published for the World Bank-funded Livelihood Enhancement and Association of the Poor Project (LEAP) in Cambodia, which is one of the first projects proposed for funding since the World Bank resumed lending to Cambodia earlier this year. If approved, the LEAP project will expand the pilot, previously only in 6 communes in Siem Riep province, to cover 47 communes in Siem Reap and 13 sangkats in urban Phnom Penh, including Boeung Kak. The estimated board date for consideration of this project is Dec. 9, 2016. Read the short analysis here.
27.10.2016 filed under Project
EWS Alert for IFC-funded Powermex project in Mexico
The International Finance Corporation (IFC) is considering further funding to the Mexican energy sector, with a proposed investment of up to $375 million to create PowerMex Co. as an energy platform. Currently project documents do not identify any specific project sites and they are not available in Spanish. This creates uncertainty about the potential environmental and human rights impacts on populations across Mexico. View a short project analysis in Spanish here.
20.10.2016 filed under Project
EWS alert for IIC-funded Planta Hidroeléctrica Ituango in Colombia
An Early Warning System alert has been published for Planta Hidroeléctrica Ituango in Colombia. The project is proposed for funding by the Inter-American Investment Corporation, the private sector arm of the Inter-American Development Bank. The project will be Colombia’s largest hydropower plant and will have an installed capacity of 2,400 MW. The expected board date is in November 2016. Read the short analysis, available in Spanish, here.
17.10.2016 filed under Project
EWS alert for IFC-funded Yaramoko Gold Project in Burkina Faso
An Early Warning System alert has been published for the Yaramoko Gold Project in Burkina Faso, which is financed by the International Finance Corporation. The project will involve connection of the existing Pa-wonâ line to the SONABEL grid. The project was approved for funding and is now active. Read the project analysis and assessment of its impacts here.
04.10.2016 filed under Project
EWS alert published for IFC-funded Bioparques 3 in Mexico
An Early Warning System alert has been published for Bioparques 3, a project proposed for financing by the International Finance Corporation (IFC). This is IFC’s third investment with Bioparques. According to IFC documents, a past investment involved the use of forced labor, which highlighted gaps in the company’s labor practices. This investment will involve acquisition of greenhouses and irrigation equipment, construction of housing facilities for workers, and land acquisition. Read the short analysis, in Spanish, here.