PSBC-02 | Accountability Console
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PSBC-02

Issues

Displacement (physical and/or economic)

Description: Complaint raises concerns about physical relocation, loss of shelter, and/or loss of assets that relate to income or livelihood.

Complaints with this Issue: 494

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Livelihoods

Description: Complaint raises concerns about impacts on the means by which people make a living, including wage-based income, trade and bartering, agriculture, fishing, foraging, and other natural-resource based means.

Complaints with this Issue: 345

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Unknown

Description:

Complaints with this Issue: 727

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Sectors

Financing

Description:

Complaints in this Sector: 20

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Project

Name: PSBC Equity

Investments: IFC 35461

Client: Postal Savings Bank of China (PSBC)

Support: Equity

Country: Cambodia

Complaint

IAM: Compliance Advisor/Ombudsman (CAO)

ID: cambodia-psbc-02

Date Filed: Aug. 22, 2023

Status: Active

Description

In August 2023, CAO received a complaint in relation to a range of social and environmental impacts regarding the Lower Sesan 2 Hydropower project in Cambodia. The complaint alleges that PSBC is exposed to the Lower Sesan Dam through financial links with Huaneng Lancang River Hydropower. According to the complaint, Lower Sesan 2 is 51% owned by Hydro Lancang International Energy, which is wholly owned by Huaneng Lancang River Hydropower.

Complaint Stages

Filing

Aug. 22, 2023

Filing

Status:

Start Date: Aug. 22, 2023

Registration

Not Undertaken

Registration

Status: Not Undertaken

Explanation: Not offered by mechanism, Stage is not practiced by mechanism

Eligibility

Aug. 22, 2023

Eligibility

Status: In Progress

Start Date: Aug. 22, 2023

Dispute Resolution

Not Undertaken

Dispute Resolution

Status: Not Undertaken

Explanation: Complaint not yet reached stage, Eligibility in progress

Compliance Review

Not Undertaken

Compliance Review

Status: Not Undertaken

Explanation: Complaint not yet reached stage, Eligibility in progress

Has Compliance Report: No

Non-Compliance Found: No

Monitoring

Not Undertaken

Monitoring

Status: Not Undertaken

Explanation: Complaint not yet reached stage, Eligibility in progress

Closed

Not Closed

Timeline