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cao-compliance@ifc.org
tel: 202 458 1973
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Uruguay - Orion and Celulosas de M'Bopicua (CMB)

for mediation information about this project please refer to

the Uruguay - Orion and Celulosas de M'Bopicua (CMB)

ombudsman page

 

Issue

The CAO ombudsman function received a complaint in September 2005. The CAO then triggered an audit of IFC and MIGA social and environmental due diligence, in particular issues surrounding IFC and MIGA's public disclosure of environmental and social documentation.

Background

Both the Orion and CMB projects are being considered by IFC for financing. MIGA is considering a guarantee for the Orion project.

The Orion project is a greenfield eucalyptus kraft pulp mill. The site for the mill is in Fray Bentos, a town in western Uruguay near the Uruguay River and more than 300 kilometers from the capital Montevideo. The CMB project is also a greenfield eucalyptus kraft pulp mill. The site for the CMB mill is in the Rio Negro district in Uruguay, 12 km north of Fray Bentos.

 

Current Status of the Audit

The audit report was publicly disclosed on March 24, 2006. The audit report, media advisory, and IFC and MIGA management responses can be seen below.

Findings and Recommendations

Please refer to the documents below.

 

Status
Follow-up
Audit report publicly disclosed 3/24/2006

 

Media Advisory

CAO Media Advisory Regarding the Audit of IFC's and MIGA's Due Diligence for two Pulp Mills in Uruguay

English/pdf

CAO Media Advisory Regarding the Audit of IFC's and MIGA's Due Diligence for two Pulp Mills in Uruguay

Spanish/pdf

 

Documents

 

CAO Audit of IFC's and MIGA's Due Diligence for two Pulp Mills in Uruguay

English/pdf

CAO Audit of IFC's and MIGA's Due Diligence for two Pulp Mills in Uruguay

Spanish/pdf

IFC's response to the CAO audit of IFC's and MIGA's Due Diligence for two Pulp Mills in Uruguay

English/ pdf

IFC's response to the CAO audit of IFC's and MIGA's Due Diligence for two Pulp Mills in Uruguay

Spanish/ pdf

MIGA Management Response: CAO Audit of IFC's and MIGA's Due Diligence for Two Pulp Mills in Uruguay

English/pdf

MIGA Management Response: CAO Audit of IFC's and MIGA's Due Diligence for Two Pulp Mills in Uruguay

Spanish/pdf

 

This page last updated: 3/24/2006