CAO Cases

Arne Hoel, The World Bank

Latin America & the Caribbean

Costa Rica / Reventazon HPP-02/Siquirres

Complainant
A local family
Date Filed
December 20, 2016
Concerns
Lack of compensation for land acquisition, loss of livelihood, biodiversity, environment
Case Status
Open - Compliance
 

Synopsis

Project Overview
IFC’s active project consists in the development, construction and operation of a 305.5 MW hydropower generation plant in the Reventazón river basin located in Siquirres, province of Limón, Costa Rica. The project is expected to generate around 1,400 GWh annually once operational.  IFC’s commitment is a US$100 million A loan.

 

Complaint

The complaint was filed by a family that owns a farm located in the vicinity of the project. The complaint raises concerns related to lack of compensation for land expropriation, impacts on agricultural activities and loss of livelihood, impacts on biodiversity, natural habitat and the environment, and project due diligence. 

 

CAO Action
CAO found the complaint eligible for further assessment in January 2017. CAO's Assessment was concluded in June 2017 and the case was transfered to CAO's compliance function for appraisal.

 

The Reventazon-01 and -02 complaints were merged for the purpose of the appraisal. In October 2017, CAO released a compliance appraisal report and concluded that an investigation was merited in relation to the issues raised by the complainants around land acquisition. 

 

Status

CAO's compliance appraisal report was released in October 2017.  Terms of Reference for this compliance investigation were published in November 2017.

 

 

Status as of November 13, 2017

Project information

Institution
IFC
Project Name & Number
Reventazon HPP 31383
Department
Infrastructure
Company
Fideicomiso Uno P.H. Reventazon /I.C.E./ Scotiaban
Sector
Large Hydro - Renewable Energy Generation
Region
Latin America & the Caribbean
Country
Costa Rica
Environmental Category
A
Commitment
US$100 million A loan

Case Tracker

Ombudsman

  • Eligible: Completed
  • Assessment Period: Completed

Compliance

  • Under Appraisal: Completed
  • Under Audit: In Process

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