Complaint > Rizal Commercial Banking Corporation (RCBC)-01

Appraisal: CAO Appraisal Report - Philippines/ RCBC-01 - October 2019 - English

...Climate Change: IFC’s commitments and requirements Through its Sustainability Policy, IFC “recognizes that climate change is a serious global challenge and that climate-related impacts may impede economic and social well-being and development efforts. Working with the private sector and other parties to address climate change is therefore a strategic priority for IFC.”23 The Sustainability Policy further provides that IFC, “in its efforts to support its climate-related commitments, … will produc...

Complaint > Panama Canal Expansion-01/Gatun

Appraisal: English

...climate change were considered in ACP‟s studies. The report notes that “previous population growth rate estimates, used for predicting water demand, are showing to be too conservative”. Furthermore, “a wild card in the Watershed water resources scenario is the potential impact of climate change. Currently, this is not factored into water supply and demand predictions”.19 On this topic, the report concluded that “should the somewhat slim 7 percent margin in projected 2025 water supply compared to...

Complaint > Panama Canal Expansion Program

Appraisal: Issuance of Assessment Report

...Climate Change II (PN-L1074).56 Under component 2, “Government and Financial Management to Improve and Consolidate Institutional Capacity for Comprehensive Management of Natural Disasters and Climate Change Adaptation,” the proposed Project aims to formalize the creation of a “National Platform of Disaster Risk Reduction” which envisions the inclusion of the PCA among its member agencies. In this context, there might be an opportunity to utilize the proposed natural hazard risk assessment (supra...

Complaint > Rizal Commercial Banking Corporation (RCBC)-01

Appraisal: CAO Appraisal Report - Philippines/ RCBC-01 - October 2019 - Filipino

...Climate Change (PMCJ) ay nagsumite ng isang reklamo sa CAO para sa kapakanan ng ilang mga komunidad na naninirahan malapit sa 19 aktibo o iminumungkahi pa lamang na planta ng coal (coal-fired power plants) na matatagpuan sa iba’t-ibang parte ng Pilipinas, at para na rin sa kanilang sarili bilang isang alyansa ng mga organisasyon ng mga nagmamalasakit na mamamayan ng Pilipinas na nakikibaka laban sa pagbabago ng klima (climate change). Dalawa ring pandaigdigang NGO, ang Inclusive Development Inte...

Complaint > Alto Maipo-01/Cajon del Maipo

Appraisal: English

...Climate Change on the Hydrologic Resources of the Alto Maipo Hydroelectric Power Project. The ESRS notes that these studies were developed in close consultation with the independent consultants, and representatives from IFC and other multilateral banks. Relevant to the issues raised regarding potential impacts of the project on cultural heritage, the ESRS states that the project will not affect any known archeological, cultural heritage or paleontological sites. According to the ESRS, IF...

Complaint > Albania Hydros-01/Tirana

Appraisal: CAO Compliance Appraisal of IFC advisory service project: Albania Hydros. March 18, 2014

...change of ownership of the HPPs was not expected to lead to a change in domestic energy supply and demand. Rather, their refurbishment is likely to increase the amount of energy produced. In addition, it needs to be noted that the 13 Article 1 of the Articles of Agreement which states that IFC’s purpose is to “further economic development by encouraging growth of productive private enterprises in member countries” is cited in this respect. 14 EDEN, Letter of Complaint (...

Complaint > Tata Ultra Mega-01/Mundra and Anjar

Appraisal: English

...Climate Change (March 2010), available at: http://siteresources.worldbank.org/EXTENERGY2/Resources/CGN_20100331.pdf 16 Exhibit 5.5(c)(B) to the Loan Agreement 17 See Annual E&S Performance Report (2009/10) p.6. available at http://www.adb.org/projects/41946- 014/documents (Accessed 18 July 2012). A similar comment is made in the 2008/9 Annual E&S Performance Report. Appraisal Report CAO Ref Code: C-I-R6-Y12-F160 ...

Complaint > Development of the Industry of Products of the Vegetable Sponge

Appraisal: Issuance of Assessment Report

...change of information via e‐mail, as well as by telephone and video‐conference, as needed over the course of the assessment; b) Interviews, discussions, and preparation sessions with the Requester, as well as bilateral exchanges with the Country Office; c) A working meeting for information‐sharing among all parties involved, via video‐ conference; d) A visit to the Loofah S.A. factory; and e) Compilation and analysis of the documentation received. 2.3 ...

Complaint > Tata Ultra Mega-02/Tragadi Village

Appraisal: Tata Ultra Mega-02 Appraisal Report - September 2017 - English

...changes to the marine environment are adversely affecting traditional fishing practices and potential aquaculture projects. • Project-induced loss of structure / physical displacement: Complainants allege that the company destroyed houses built by fishermen of Tragadi village that were located on Tragadi bunder without adequate compensation. • Project-induced impacts to livelihoods / economic displacement: Complainants allege that project-induced...

Complaint > Alex Dev-01/Wadi al-Qamar

Appraisal: English

...climate change. The complainants allege that the community living near APCC suffer severe respiratory health problems, such as asthma, due to dust and particulate emissions from the cement plant. IFC’s Guidance Note to PS3 states that existing facilities are expected to evaluate the feasibility of meeting PS3 requirements, and should seek to improve performance through actions included in the ESAP. 12 A revised ESAP agreed between IFC and the client (2012 ESAP) included additional control measur...

Complaint > Productive Infrastructure Program - Request II: Caracol Industrial Park (MICI)

Appraisal: Assessment Report Public Disclosure

...Climate Change and Sustainable Development Sector, is financing the Program through a series of grants and technical cooperation operations. Executing Agency The UTE is the Executing Agency of the Program. Since 2014, the operation of the PIC is the responsibility of SONAPI. However, given that the concerns of the Requesters ...

Complaint > Reventazon HPP-01

Appraisal: English

...changes or the loss of natural buffer areas such as wetlands, mangroves, and upland forests that mitigate the effects of natural hazards such as flooding, landslides, and fire, may result in increased vulnerability and community safety-related risks and impacts” (para. 8). PS4 requires that such “adverse impacts should be avoided, and if these impacts are unavoidable, the client will implement mitigation measures in accordance with [the mitigation hierarchy]” (ibid). Performance Standard 1 furth...

Complaint > Reventazon HPP-02

Appraisal: English

...changes or the loss of natural buffer areas such as wetlands, mangroves, and upland forests that mitigate the effects of natural hazards such as flooding, landslides, and fire, may result in increased vulnerability and community safety-related risks and impacts” (para. 8). PS4 requires that such “adverse impacts should be avoided, and if these impacts are unavoidable, the client will implement mitigation measures in accordance with [the mitigation hierarchy]” (ibid). Performance Standard 1 furth...

Complaint > Bridge International Academies-01/Kenya

Appraisal: CAO Appraisal Report - Bridge-01/Kenya - October 2019 - English

...climate of fear” around its operations which affects parents, teachers, staff and citizens. The complainants refer to court actions brought by the company against a journalist and a teachers’ union representative and allege that the company has threatened to sue people who have criticized Bridge schools. Further, the complainants refer to an instance where a researcher visiting a Bridge school was arrested and questioned. Client’s Perspective The client’s responses to co...