On 3 June 2020, the EIB-CM received a complaint alleging the failure of the Akiira One geothermal power plant (the Project) to prevent a forced eviction and to address loss of livelihoods of the Project-Affected Persons (PAPs) in the project area. The Project is partly financed by DI Frontier Market Energy and Carbon Fund (hereinafter “the Fund”). The Global Energy Efficiency and Renewable Energy Fund (GEEREF), a compartment of the European Initiative on Clean, Renewable Energy, Energy Efficiency and Climate Change related to Development SICAV-SIF, invested in the Fund. GEEREF is advised by the EIB Group: the EIF in its role of Advisor and the EIB in its role of Sub-Advisor. Furthermore, the EIB is an investor in GEEREF and the EIF represents the European Union’s shareholding in GEEREF as Trustee for the European Commission. As part of its Initial Assessment, the EIB-CM identified the following allegations as constituting the scope of the inquiry: · The EIB Group’s failure to adequately assess and monitor the Fund’s capability to assess and monitor the effectiveness of the social management systems of its underlying investments, and ultimately the social impacts on the ground. · The EIB Group’s failure to take appropriate actions vis-à-vis GEEREF in order to ensure that the Fund prevents and/or mitigates alleged negative impacts of eviction, such as: o Deterioration of livelihoods. o Displacement and destruction of private property. o Declining access to health and education.